Tag Archives: Philippines

Wind energy in Philippines: Negros wind farm may start in 2015

FMIC President Francis Paderna said the company’s 50-megawatt (MW) Pulupandan wind power facility is already in the “advanced stage” of construction. The company has also submitted a letter of declaration of commerciality for the wind farm to the Department of Energy. The said letter informs the energy department that FMIC has already completed the wind … Continue reading Wind energy in Philippines: Negros wind farm may start in 2015

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Wind energy in Philippines: EDC gets $80-m wind farm loan

Energy Development Corp., the country’s biggest producer of geothermal energy, said it signed an $80-million new term loan facility due in June 2018. “The new facility shall be used for capital expenditure needs and general corporate purposes of the company,” EDC said in a disclosure to the Philippine Stock Exchange. EDC tapped Mizuho Corporate Bank … Continue reading Wind energy in Philippines: EDC gets $80-m wind farm loan

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Vestas Joining EDC Wind Energy Project in Philippines

Energy Development Corporation  (EDC) has a $300 million full-turnkey deal with Danish firm Vestas for its planned 87-megawatt wind power project in Burgos, Ilocos Norte. In an announcement, the Lopez-run firm noted that the deal with Vestas will finally move the project into construction following years of getting stalled at its investment drawing board. For … Continue reading Vestas Joining EDC Wind Energy Project in Philippines

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Vestas CEO Ditlev Engel discusses wind energy with Philippines President Benigno Aquino III

Today, there is information in the market regarding Vestas having been appointed preferred supplier for the Burgos wind project in the Philippines. Vestas can confirm that Energy Development Corporation has appointed Vestas preferred supplier for the Burgos wind farm project in the Philippines. If this results in a firm and unconditional order, Vestas will make … Continue reading Vestas CEO Ditlev Engel discusses wind energy with Philippines President Benigno Aquino III

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New Zealand scientists to help develop Philippine geothermal energy

Geothermal energy development was one of a number of areas of improved cooperation, including defense, tourism, and trade, which were discussed during the two-day state visit of Philippines President Benigno Aquino to New Zealand this week. New Zealand’s Institute of Geological and Nuclear Sciences (GNS Science) will conduct viability reviews of the Philippines’ Energy Development … Continue reading New Zealand scientists to help develop Philippine geothermal energy

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Wind energy in Philippines: Mindoro wind farm

The 48-megawatt Wind Energy Power System  consists of three phases each generating 16MW. The country’s largest wind farm starts construction tomorrow on a site overlooking Verde Island, involving a P6-billion private investment on power generation. Valencia Energy Secretary Rene Almendras and Oriental Mindoro Rep. Rodolfo Valencia will he joined by Italian Ambassador Luca Fornari, industry … Continue reading Wind energy in Philippines: Mindoro wind farm

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Geothermal energy in Philippines

The geothermal energy industry in the Philippines is quite a huge one. In fact it is the largest producer of geothermal power in all of Asia-Pacific. Research and Markets (http://www.researchandmarkets.com/research/5gvdzd/analyzing_geotherm) has announced the addition of the “Analyzing Geothermal Power in Philippines 2012” report to their offering. The country ranks second in the world in terms … Continue reading Geothermal energy in Philippines

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UPC Renewables eyeing two more wind energy projects

Manila Standard Today reported that UPC Renewables Philippines, a unit of UPC Asia, is pursuing two more wind farm projects in Burgos, Ilocos Norte with a combined capacity of 134 MW. UPC Renewables, through Northern Luzon UPC Asia Corporation, has pending wind service contract applications with the Energy Department for the 90 MW Bayog project … Continue reading UPC Renewables eyeing two more wind energy projects

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Geothermal Energy in the Region – Asia Pacific

  The international demand for geothermal energy is heating up.   Asia Pacific, host to the world’s top producers of geothermal power, is poised to see significant growth as geothermal energy emerges as a viable source of green, reliable and cut-rate power.   While past geothermal usage is minimal, the region is expected to see a boom kindled by the convergence of the following … Continue reading Geothermal Energy in the Region – Asia Pacific

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Wind energy in Philippines: Mindoro wind farm

Puetro Galera wind farm is the second project under the renewable energy program of Mindoro’s Power Development Plan for 2012-2014 following the 4.5-MW Linaw-Kawayan Mini-Hydro plant in San Teodoro town. The memorandum of agreement and service contract for Phase 1 were approved last June by Energy Secretary Jose Almendras witnessed by representatives from CMC Asia, … Continue reading Wind energy in Philippines: Mindoro wind farm

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The price of electric vehicles will go down by a third

EVWIND The price of electric cars will go down by a third if the government grants fiscal incentives to the fledgling industry producing these transport products, the association of local manufacturers of electric vehicles said. The Electric Vehicle Association of the Philippines (EVAP) pressed its plea for government incentives, saying these would result not only … Continue reading The price of electric vehicles will go down by a third

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Electric vehicles group wants Senate to pass SB 2856

The Electric Vehicle Association of the Philippines (EVAP) is urging the Senate to approve Senate bill 2856, authored by Senator Ralph Recto, which provides incentives to importers and manufacturers of electric vehicles. Now pending at the Senate, SB 2856 is the counterpart measure of House bill 5460 earlier approved by the House of Representatives. “We hope the … Continue reading Electric vehicles group wants Senate to pass SB 2856

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