DOE has issued a policy of encouraging the development of renewable energy sources like wind energy, biomass and solar power to lessen the country’s dependence on expensive foreign fuel sources and boost the protection of the environment.
With the addition of wind power, Nueva Ecija will be the site of three renewable energy sources, the two others being hydro and biomass.
At the same time, a Swedish company plans to build hydroelectric power plants in Nueva Ecija and Mindoro with a combined capacity of 71 megawatts
Jan Pettersson, director of North Investors AB, said that his company has tied up with a Filipino firm, Constellation Energy, for the hydro projects.
All the plants will be run-of-the-river system where the natural flow and elevation drop of a river are used to generate electricity.
He said that the cost of the two projects has yet to be determined. Construction is scheduled to start in 2012.
Pettersson said that his company has teamed up with the Technological University of the Philippines, with students and professors visiting the sites in the first quarter of 2011 to join Swedish experts in conducting feasibility studies.