PH approves three new wind farms
The Philippines has approved three wind farm projects that will generate 208 megawatts, enough to power more than 40,000 middle-class homes, an energy official said on Monday.
The Philippines has approved three wind farm projects that will generate 208 megawatts, enough to power more than 40,000 middle-class homes, an energy official said on Monday.
Local power developers Energy Development Corp. and Alternergy Wind One Corp. secured from the Department of Energy last Friday the “declaration of commerciality” for their wind power projects in Luzon.
Local renewable energy developer PhilCarbon Inc. has sought the help of the US government to rehabilitate and preserve a national heritage which is the 50-kilowatt Pasonanca hydropower station in Zamboanga City.
The Asian Development Bank has urged the Philippine government to exert more effort in maintaining the contribution of renewable energy sources to the country’s energy mix to help ensure the country’s energy security over the long-term.
The first power projects under the Philippines’ main incentive scheme for renewable energy should finally come online next year after a long regulatory struggle, an official said Wednesday.
International Finance Corp., the private sector funding arm of the World Bank, is considering whether it should finance certain renewable energy (RE) projects given the government’s “first-come, first-served” policy, which it said tended to favor the bigger power developers.
Local power developer Isabela Power Corp. is in talks with Alloy-MTD Group of Malaysia for a possible partnership for a proposed $150-million (roughly P6 billion) hydropower plant in Isabela.
Interest in renewable energy projects has remained high with investors racing to complete their power projects, according to an official of the Department of Energy.
The Asian Development Bank has made available $102 million to the Philippine government to boost the use of renewable energy in the country, specifically solar and hydropower resources.
The Philippines is sitting on vast renewable energy potential of more than 250,000 megawatts of power that can save money, generate jobs and make electricity available and affordable to more Filipinos, Greenpeace said in a report on Wednesday.
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.
Renewable energy developer Energy Logics is seeking government approval of its proposed 120-megawatt wind farm and 50-MW solar facility in Ilocos Norte, so that it can tap feed-in-tariff rates for these clean power sources.
