Tag Archives: Philippines

Wind energy in Philippines: new wind farm with Vestas wind turbines

The Philippines’ prime renewable sources of energy include geothermal energy, hydro, wind power, and solar energy.     Two new wind farms have become operational in the Philippines, supplying 303 megawatts of clean energy to the country’s energy portfolio. The wind farms are located in Ilocos Norte and Panay region of the Philippines. Last year, … Continue reading Wind energy in Philippines: new wind farm with Vestas wind turbines

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Locals to get livelihood from Burgos wind power in Philippines

Residents in Burgos town where Southeast Asia’s biggest wind farm sits stand to get P1 million-worth of livelihood from the wind power project developer Energy Development Corporation (EDC). At least 124 recipients from Burgos’ three host villages namely, Saoit, Poblacion and Nagsurot will benefit from the 150 MW wind facility as part of EDC’s corporate … Continue reading Locals to get livelihood from Burgos wind power in Philippines

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EDC cited for Burgos wind power project

Energy Development Corp.’s 150-megawatt Burgos wind power project in Ilocos Norte was named the Asia-Pacific Renewables Deal of the Year by Project Finance International. The Burgos wind energy project is largest wind farm in the Philippines.  It used 50 units of the Vestas V90-3.0MW wind turbines and ancillary plant constructed by Vestas, the world’s leading … Continue reading EDC cited for Burgos wind power project

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Conergy to build 41 MW in two Philippines photovoltaic (PV) solar energy plants

Conergy is building two new solar power plants in the Philippines totalling 41MW. The facilities will be built on the island of Negros for San Carlos Solar Energy, a joint venture between ThomasLloyd and Bronzeoak Philippines.   They are expected to be hooked up to the grid in June 2015. The first project, SaCaSol 1 … Continue reading Conergy to build 41 MW in two Philippines photovoltaic (PV) solar energy plants

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DOE qualifies EDC wind power project under feed-in tariff scheme in Philippines

The Department of Energy (DOE) endorsed the 150-megawatt (MW) Burgos wind farm of Energy Development Corp. to receive incentives under the feed-in tariff (FiT) system.   In a disclosure to the Philippine Stock Exchange Wednesday, EDC said affiliate EDC Burgos Wind Power Corporation (EBWPC) received the DOE certificate of endorsement (COE) for FiT eligibility. “The … Continue reading DOE qualifies EDC wind power project under feed-in tariff scheme in Philippines

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Wind energy in Philippines: Ilocos wind farm now delivering power to grid

The 150-megawatt (MW) wind power project of Energy Development Corp. (EDC) has started delivering power to the grid following its successful commissioning last Wednesday.   In a statement on Friday, the Lopez-led company announced that EDC Burgos Wind Corp. informed the Department of Energy (DoE) that its 150-MW wind farm had achieved successful commissioning. “[S]uccessful … Continue reading Wind energy in Philippines: Ilocos wind farm now delivering power to grid

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Wind energy in Philippines: 3 wind farms near completion

Some 250 megawatts of power from wind farms are expected to boost the country’s energy supply starting this year until early 2015 that could help ease the country’s electricity shortage, Energy Secretary Carlos Jericho Petilla said Tuesday.   Petilla made the forecast after a recent visit in Ilocos Norte province to check on three wind … Continue reading Wind energy in Philippines: 3 wind farms near completion

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EDC gets $315-M loan for Philippines wind power project

Energy Development Corp. (EDC), which has several government contracts for renewable energy (RE) development, signed a $315-million financing agreement with a group of foreign and local banks for the construction of the 150-megawatt (MW) Burgos wind energy project (BWP) in Ilocos Norte. The finance facility, denominated in US dollars and Philippine pesos, will mature in … Continue reading EDC gets $315-M loan for Philippines wind power project

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EDC bags new contracts for solar power, wind energy projects in Philippines

Energy Development Corp (EDC) has secured seven new contracts from the government for the development of solar power and wind energy projects. In a disclosure to the Philippine Stock Exchange, Lopez-owned EDC said it received one solar energy service contract and six wind energy service contracts from the Department of Energy (DOE). EDC’s solar energy … Continue reading EDC bags new contracts for solar power, wind energy projects in Philippines

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Philippines eyes raising megawatts for wind energy projects

The National Renewable Energy Board say raising installation targets for wind energy projects to 500 megawatts will help ease the summer power crisis in 2015.   Not many are interested in the idea, however, according to NREB member and Energy Development Corporation (EDC) executive vice president Ernesto Pantangco. “As NREB, we are proposing an increase … Continue reading Philippines eyes raising megawatts for wind energy projects

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EDC set to start operation of Burgos wind power in Philippines

Renewable energy producer Energy Development Corp. expects to start the testing and commissioning of the 150-megawatt Burgos wind power project in Ilocos Norte within the year, a company official said over the weekend. EDC is considering expanding its recently-commissioned 49.4-megawatt (MW) geothermal power plant in Negros Oriental.   “For the Burgos wind power, it’s more … Continue reading EDC set to start operation of Burgos wind power in Philippines

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Negros wind farm to be completed in 2015 in Philippines

A 50 MW wind power project in Negros Occidental is expected to be completed late next year, data from the Energy department showed. In its updated report on private-sector initiated projects, the department noted that the wind farm of First Maxpower International Corp. is scheduled for testing and commissioning in November 2015. The project — … Continue reading Negros wind farm to be completed in 2015 in Philippines

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WWF supports Philippines solar power target

The World Wide Fund for Nature (WWF-Philippines) has backed the Department of Energy’s (DOE) move to increase solar energy capacity targets, saying this will make power prices cheaper in the long run, contrary to claims of critics such as the Foundation for Economic Freedom (FEF). The FEF claims new solar projects will add P0.32 per … Continue reading WWF supports Philippines solar power target

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Solar energy and wind power project signed in Subic, Philippines

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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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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EDC has secured financing of its wind power project in Burgos, Ilocos Norte, Philippines

“EDC signed separate two-year bridge facilities totaling P2.7 billion with Philippine National Bank and Security Bank Corp. to partly finance the construction of Phase 2 of the 150-megawatt [MW] Burgos Wind Farm while the company is arranging the project financing,” EDC Investor Relations Manager Erudito Recio said. The company plans to raise $315 million for … Continue reading EDC has secured financing of its wind power project in Burgos, Ilocos Norte, Philippines

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EDC 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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