Korean company plans power plant in Iloilo
By Nestor P. Burgos Jr.
A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.
A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.
The Philippines remains a lucrative market for Germany-based technology providers looking for opportunities in the local renewable energy industry, specifically in the biomass and biogas sectors.
The Coca-Cola Bottlers Philippines Inc. (CCBPI) is shifting to a renewable source of energy, using biomass to produce steam needed for the plant’s bottle cleaning equipment.
Local developer Pampanga Green Management Inc. (PGMI) will finally push through with the proposed $63-million co-generation biomass facility that will not only help boost electricity supply in Luzon, but will also ease the perennial problem of waste management in Pampanga. This was after the contract for the processing of waste into energy was recently signed [...]
The Department of Energy (DoE) plans to undertake an aggressive campaign to encourage more investments in the local biomass sector, as it expects only P32 billion worth of committed and indicative projects to come in over the next four years. DoE documents showed that these biomass projects are expected to generate a marginal 276.7 megawatts [...]
Global Biomass Plc Corp. will put up in Iloilo a $4-million research, development and manufacturing facility. The company said it was “the first of its kind in the world” as it would be dedicated to improving the supply chain for biomass plants. The Philippine-based Global Biomass is currently in the business of purchasing from farmers [...]
The Department of Energy is expecting about P1.2 trillion in fresh investments in the renewable energy sector over the next 20 years, as it pushes for the increased use of these resources to help secure the country’s energy supply in the long term. Based on the National Energy Renewable Plan (NREP) book, these investments will [...]
