Philippines: 3 power projects get support

Philippines: 3 power projects get support

Only three power projects were endorsed by the Department of Energy (DOE)
for commercial operations in November, government data showed.

The DOE has issued certificates of endorsements (COE) for three power
projects - one solar project, one coal-fired power plant and one battery
storage project.

The solar plant is a development of First Toledo Solar Energy Corp., which
will put up a 60-megawatt (MW) solar farm in Toledo City, Cebu.

Minergy Power Corp. also received a COE from DOE for its 110-MW coal-fired
power plant in Balingasag. Misamis Oriental.

The last company to get an endorsement is AES Philippines Energy Storage Co.
Ltd. for its 40-MW battery storage in Kabankalan, Negros Occidental.

The COE is a requirement for the issuance of Certificate of Compliance (COC)
by the Energy Regulatory Commission (ERC). It is a prerequisite before any
generating company can start operating its power project.

As of end-November, the DOE has endorsed 57 projects to the ERC.

Of the total, 29 projects are renewable energy plants - 25 of which are
solar, two hydropower, one wind and one biomass.

The DOE also endorsed seven coal power projects, 18 diesel plants and two
battery energy storage facilities.

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Link to Original Article:
http://www.philstar.com/business/2016/12/30/1657907/3-power-projects-get-sup
port

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com