Two sources of renewable energy are expected to help ease power shortage in the country when they become operational in 2017. The Frabelle Group of Companies is spearheading the venture by a consortium of players in the fishing industry to build hydroelectric plants that will cover areas in Luzon and Mindanao.
“The primary reason for going into the power industry is to address the lack of supply of power to feed our own factories and shipyards. It is also an opportunity to provide an added service given the concern over the country’s power supply,” Frabelle Group president Francis Tiu-Laurel Jr. said in a statement.
In its efforts to provide electricity for India’s rural population, the Rockefeller Foundation is working on a $100 million (Rs 614 crore) initiative to establish 1,000 mini power grids in the next three years.
The first 30 mini grids are expected to be set up, mostly in Bihar and Uttar Pradesh, by the end of this year, according to a senior official of the foundation.
The foundation, which works for betterment of human lives in different parts of the world, would be putting in USD 65 million (nearly Rs. 400 crore) for the mini grids initiative.
“Our contribution will be USD 65 million but the total cost will be higher. Total cost would be around USD 100 million for 1,000 mini grids,” the foundation’s Associate Vice President and Managing Director (Asia Program Team) Ashvin Dayal told PTI.
This 21-year-old entrepreneur dreams of converting every roof deck in the Philippines into a power plant, banking on improvements in solar technology to help deal with the country’s looming power supply shortfall.
Following up on the overwhelming success of the 1st and 2nd German Solar Training Week, the GIZ and GPCCI are proud to invite PSPA members to take part in the 3rd German Solar Training Week, which will be conducted at the 6th Floor of Doehle Haus, 30-38 Sen. Gil Puyat Avenue, Makati City from Sept. 25 to Sept 29, 2014 just ahead of Energy Smart exhibition organized by the European Chamber of Commerce in the Philippines (ECCP).
To address the Philippines energy supply, the nation’s Department of Energy (DOE) is pushing the right mix of renewable energy (RE) with traditional sources, such as coal and diesel. “Because RE is indigenous which means it is locally available, we can depend on it for energy security even if there are political issues such as war in other countries,” DOE secretary Carlos Jericho Petilla said.
This benefit alone, he said, should outweigh the cost implications associated with RE. But private rooftop PV systems also provide electricity at lower cost than coal-fired power plants, Petilla notes.
According to Secretary Petilla, detractors are quick to point out that the infrastructure needed to harness RE is expensive.
“However, we must clarify that the equipment only entails one-time cost, not repeated costs. Also, private citizens can actually benefit more for own-use of RE such as solar, wind and biomass in self-generation of electricity,” he stressed.
The first solar-powered subdivision in the Philippines will soon rise in Santo Tomas, Batangas, a development that bodes well for the environment and puts the country a step closer to its goal of promoting renewable energy.
Ayala Corp. will require a total of $1.6 billion in financing to develop large coal power projects in Luzon and Mindanao that will make the conglomerate one of the country’s top power producers, its officials said in a briefing.
According to chief financial officer Delfin C. Gonzales Jr., the funding will support two coal-fired power projects: A 600-megawatt (MW) project in Lanao del Norte province in Mindanao and a 1,000-MW project in Bataan province.
Presently, Ayala Corp.’s fully owned energy unit AC Energy Holdings, Inc. (AC Energy) has equity in acquired power projects and partnerships. AC Energy, under its investee company, Northwind Power Development Corp., completed its 19-MW wind expansion project in Bangui, Ilocos Norte, last Oct. 10 and has been endorsed for the feed-in-tariff (FIT) incentive scheme for renewable energy developers.
Another AC Energy affiliate, North Luzon Renewable Energy Corp. (NLREC), completed an 81-MW wind farm in Pagudpud, Ilocos Norte, last Nov. 11. The project is undergoing commissioning and is awaiting FIT endorsement from the DOE.
In addition to its wind projects, the company, in partnership with Trans-Asia Oil and Development Corp., is also reaching the final stages of completion of the first of two 135-MW coal-fired power plant units in Calaca, Batangas. The company expects to begin commercial operations of the plant by the first quarter of 2015. The second 135-MW unit is likewise planned for completion and operation by the end of 2015.
Solar power, meanwhile, is not yet on the horizon since AC Energy shelved last quarter a planned 35-MW solar farm in Davao del Sur due to high project cost. The Mindanao solar farm would have been Ayala’s first foray into solar power development in partnership with Mitsubishi Corp. of Japan
The Renewable Energy Support Program for ASEAN (ASEAN-RESP) and the Energy Component of the Project Support to the Climate Change Commission (SupportCCC) in the Philippines, have jointly published the Renewable Energy Guidelines on Solar PV in the...
MANILA, Philippines–The feed-in tariff (FIT) race is heating up as the Department of Energy (DOE) named two wind projects to the incentive program for renewable energy (RE) developers. Two other solar power projects are already in the running for FIT allocation.
DOE Director Mario Marasigan said in a text message that the 150-megawatt (MW) Burgos wind project of Energy Development Corp. (EDC) has been nominated to the Energy Regulatory Commission (ERC) for eligibility under FIT.
FIVE German companies are exploring opportunities with local developers to offer their solar technologies in the Philippines.
SMA Solar Technology AG, Conergy Asia & ME Pte. Ltd, inutec solarcenter international GmbH, QINOUS GmbH and vis solis GmbH showcased their technologies during the 3rd German Solar Training Week that ran from Sept. 25-29.
In a statement, Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH, Germany’s international development agency, said solar technology companies are pushing to open up the market through solar solutions for both off-grid and on-grid areas.
Frost & Sullivan: Asia-Pacific micro-grid market on 'threshold of exponential ... PV-Tech Countries with a strong recent history in rural electrification referred to by Frost & Sullivan include Indonesia, the Philippines and Malaysia.
Five German renewable energy companies will conduct training sessions later this month to help Philippine stakeholders take advantage of the country’s rich solar energy resources, the German-Philippine Chamber of Commerce and Industry (GPCCI) said Thursday.
eco-business.com Financing is crucial for renewable energy expansion in the Philippines eco-business.com Businesses in the Philippines face some of the highest grid-tied energy costs in Asia, yet these same customers frequently experience blackouts...
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