Friday, March 24, 2017

Philippines: 232-MW solar, wind project launched

Philippines: 232-MW solar, wind project launched

Energy Logics Philippines Inc. on Thursday launched a 232-megawatt
integrated solar and wind energy project in Ilocos Norte province.

Energy Logics tapped engineering, procurement and construction contractor
Qingdao Hengsun Zhongsheng Group Co. Ltd. of China to build the $430-million
project starting this year.

The project involves the construction of a 132-MW wind facility in Burgos,
Ilocos Norte and a 100-MW solar plant in Pasuquin, Ilocos Norte. Both the
wind and solar plants will be built simultaneously.

"This is the biggest project in the Philippines that has both wind and solar
energy," Qingdao Hengsun chairman Lu Min told reporters in Davao City.

He said construction of the wind and solar projects was expected to start
this year and would be completed within 18 months from groundbreaking.

"We are honored to be EPC contractor for this project. We build and design
energy projects for industrial parks. This is our first project in the
Philippines," Lu said.

Qingdao Hengsun currently has EPC projects in South Africa, Zimbabwe and
Indonesia.

"We hope through this project we will give good quality life to the
Philippines people as well as start using this project to secure future
projects to contribute to Philippine society," Lu said.

He said the project would showcase the company's expertise in solar and wind
power development.

"We want this project to be completed to bring electricity to the people,"
Lu said.

Xidian Holdings Philippines Corp., funded by Chinese investors together with
a Singaporean-based consortium and local investors acquired Energy Logics
from the Delgado Group in December.

This latest investment is an offshoot of the successful visit of President
Rodrigo Duterte in China last October.

"Geographically Philippines is very near to China so since last year when
your President visited China.the relationship between two countries has been
improving tremendously and more Chinese enterprise coming into the
Philippines," Lu said.

The projects are seen to generate 2,000 jobs during construction and 500
jobs during operation and maintenance.

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Link to Original Article:
http://thestandard.com.ph/business/power-technology/232519/232-mw-solar-wind
-project-launched.html


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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