A $200-million renewable energy facility that will produce electricity from both solar energy and wind power will soon be established here as the Subic Bay Metropolitan Authority (SBMA) signed an agreement with Jobin-SQM, Inc., an all-Filipino corporation. SBMA Chairman Roberto Garcia and Jobin-SQM, Inc. President Nancy Tan signed an agreement reserving an 800-hectare property on … Continue reading Solar energy and wind power project signed in Subic, Philippines
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EDC raises $90m for Philippines wind farm
EDC chief finance officer Nestor Vasay said the amount was part of the second tranche of the $150-million total bridge financing for the second phase of the Burgos wind power project. “The $90 million is the US dollar component of the bridge loan. Both Australia and New Zealand Banking Group Ltd. and Mizuho Bank Ltd. … Continue reading EDC raises $90m for Philippines wind farm
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Gamesa consolidates its presence in the wind energy in Philippines
Gamesa, a global technology leader in wind energy, has reinforced its presence in the Philippines thanks to a new turnkey contract for the construction, supply and installation of a 54 MW wind farm for Alternergy. This marks the third contract closed by Gamesa in this market, having signed orders totalling 144 MW in recent months. … Continue reading Gamesa consolidates its presence in the wind energy in Philippines
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President Aquino inaugurates largest solar power plant
Beside having large sugarcane farms, this province is also now home to the country’s first large-scale commercially financed and commissioned solar power plant which was inaugurated by President Benigno S. Aquino III during his latest visit here since 2012. The President led the switch-on, May 15, of the solar power facility which marked the start … Continue reading President Aquino inaugurates largest solar power plant
Continue readingEDC readies financing for Ilocos wind farm in Philippines
ENERGY Development Corp. (EDC) targets to close debt financing for its planned 150-megawatt (MW) wind power project in Ilocos Norte this year, officials of the Lopez-led company said last week. “We’ve already started working on project financing for the Burgos wind project. The total project cost is $450 million for the 150-MW project,” said Nestor … Continue reading EDC readies financing for Ilocos wind farm in Philippines
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Vestas receives 63 MW wind power order in the Philippines
Vestas has received a firm and unconditional order for 63 MW in Philippines. Energy Development Corporation (EDC) has ordered 21 V90 3.0MW turbines for the second phase of its project in Burgos, Ilocos Norte province. The deal also includes delivery, installation and commissioning plus a ten-year service contract. The Danish supplier said the wind turbines … Continue reading Vestas receives 63 MW wind power order in the Philippines
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Bangui Bay wind farm in Ilocos Norte, Philippines
NorthWind Power Development Corp., a company controlled by Ayala Corp., will start the third phase of the Bangui Bay wind farm in Ilocos Norte province to add 18 megawatts to the existing 33-MW project. Energy Department records showed the expansion project would raise the total capacity of Bangui wind farm to 51 MW, solidifying its … Continue reading Bangui Bay wind farm in Ilocos Norte, Philippines
Continue readingEDC in talks with Vestas to make Burgos wind farm
Energy Development Corp (EDC) plans to reinforce its Burgos wind farm in Ilocos Norte so it can withstand strong typhoons. In a recent forum, EDC executive vice president Ernesto B. Pantangco said the company is keen on strengthening the 87-megawatt Burgos wind farm given the “new norm” when it comes to typhoons. “We are currently … Continue reading EDC in talks with Vestas to make Burgos wind farm
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Geothermal Energy in Philippines and Indonesia
Indonesia’s geothermal reserves have potential to generate 28,994 megawatt of electricity but utilisation has reached only 1,196 MW or a mere four percent of the potential capacity. The Philippines, which is also an archipelago like Indonesia, has been more advanced in the utilisation of geothermal energy despite having only 14 percent of the world’s total … Continue reading Geothermal Energy in Philippines and Indonesia
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Gamesa enters Philippine wind energy market supplying 54 MW
Gamesa, a global technology leader in wind energy, is adding a new market to its geographic footprint, having signed an agreement to supply 54 MW of turbines to the San Lorenzo wind farm being constructed by Japan’s Kanematsu Corporation in Guimaras Island for Trans Asia Renewable Energy, one of the country’s leading independent energy producers. … Continue reading Gamesa enters Philippine wind energy market supplying 54 MW
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Kanematsu to build wind farm in Philippines
Kanematsu Corp. won an order to build a 54-megawatt wind farm and lay underwater cables for power transmission in the Philippines. The order, worth more than 10 billion yen ($102 million), was awarded by Trans-Asia Renewable Energy Corp., a unit of Trans-Asia Oil & Energy Development Corp. (EDC), Tokyo-based Kanematsu said in a statement today. … Continue reading Kanematsu to build wind farm in Philippines
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Siemens receives a 81 MW wind energy order from Philippines
Siemens Energy has received its first wind power order for the Caparispisan project in Pagudpud, Illocos Norte, Philippines. The customers are Northern Luzon UPC Asia Corporation, AC Energy Holdings, Inc. and Philippine Investment Alliance for Infrastructure comprised of Government Service Insurance System, APG and Macquarie Infrastructure Holdings (Philippines) Pte. Limited. Modern gearless machines for the … Continue reading Siemens receives a 81 MW wind energy order from Philippines
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Vestas signs 87 MW Philippines wind energy deal
Vestas’ new 87 MW order in the emerging wind market of the Philippines made possible through close co-operation with EDC, the Philippines’ leading renewable energy developer. With reference to Vestas Wind Systems A/S company announcement No. 29 of 28 June 2013, today, Vestas received a firm and unconditional order from Energy Development Corporation (EDC) of … Continue reading Vestas signs 87 MW Philippines wind energy deal
Continue readingWind energy in Philippines: new wind farm
EDC said in a statement that the issuance of the NTP marks the start of actual construction works at site for the initial 87-megawatt (MW) wind farm. The original plan is to put up a 150-MW wind farm. EDC, the country’s largest geothermal energy producer, on Friday issued the Notice to Proceed (NTP) to its wind farm … Continue reading Wind energy in Philippines: new wind farm
Continue readingEndesa and Telefónica unveil first electric vehicles telephone booth recharging station in Valencia
Drivers will be able to recharge their electric vehicles using both coins and a prepaid card which can be ordered by email.
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