Conglomerate Ayala Corp. is expanding its wind power production in Ilocos Norte, as it agreed to infuse a 64-percent equity in a $220-million wind farm in Pagudpud. Ayala Corp. said in a statement wholly-owned subsidiary AC Energy Holdings Inc. signed an investment framework and shareholders
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Wind energy in Philippines: 54 MW wind farm in Guimaras
Trans-Asia Oil and Energy Development Corp. of the Phinma group said it disbursed over P116 million Thursday to fund a 54 megawatt (MW) wind energy project in Guimaras province. In a disclosure to the Philippine Stock Exchange, Trans-Asia said the amount came from the proceeds of its 2012 stock rights offering (SRO), from which gross … Continue reading Wind energy in Philippines: 54 MW wind farm in Guimaras
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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
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Wind 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
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Philippines approves 3 wind farm projects to generate 208 MW
Philippines has approved three wind farm projects that will generate 208 MW, enough to power more than 40,000 middle-class homes, an energy official said on Monday. The wind energy projects will be the first to benefit from an incentive scheme that aims to ensure half the country’s energy comes from renewable sources by 2030, compared … Continue reading Philippines approves 3 wind farm projects to generate 208 MW
Continue readingEDC
Lopez-led Energy Development Corporation (EDC) has gotten the green light from the Department of Energy (DOE) to push through with the development of its $300-million wind project in Burgos, Ilocos Norte. The DOE granted the Certificate of Confirmation of Commerciality for the 87-MW Burgos Wind Project, which aims to become the largest wind farm in … Continue reading EDC
Continue readingEDC plans to expand wind farm in Ilocos
Energy Development Corp. (EDC), the Lopez-led geothermal arm, has plans to expand its 87-megawatt Burgos Wind Farm in Ilocos, a ranking official said. “We’re very excited about the wind because there’s a chance for us to actually expand Burgos,” said EDC president Richard Tantoco. He said there is room to expand Burgos to 150 MW … Continue reading EDC plans to expand wind farm in Ilocos
Continue readingIlocos Norte welcomes 2nd wind farm in Burgos
Another wind farm project in Ilocos Norte breaks ground today in Burgos town, 50 kilometers north of Laoag City. The Energy Development Corp., the country’s largest geothermal producer, will build the $300 million, 87-megawatt Burgos Wind Project (BWP) which covers around 600 hectares of land across three villages in Burgos, namely, Saoit, Poblacion and Nagsurot. … Continue reading Ilocos Norte welcomes 2nd wind farm in Burgos
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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
Continue readingWind 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
Continue readingVestas 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
Continue readingWind energy to propel Mindoro island
Filipino officials and business leaders believe this kind of project can be replicated in various areas of the country, and reduce the cost of electricity which can help propel the country to greater heights of development. A 48-megawatt (MW) wind farm project will soon installed in Mindoro Island to substantially serve the energy needs of … Continue reading Wind energy to propel Mindoro island
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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
Continue readingUPC 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
Continue readingGeothermal 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
Continue readingWind 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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