Global Power to build bio-power plant in Philippines province

Global Business Power (GBPC) has plans to build a biomass power plant in the Philippines province of Negros Occidental, with a feasibility study expected to be completed in the third quarter this year.

The company will join with Roxas Holdings to undertake the project, while Pöyry Energy, a consulting and energy company, is undertaking the feasibility study to determine its viability.

Once complete, the power facility will have a capacity of 40-50MW. This is Global Power's first renewables project.

It has been reported that Global Power is investing $1 billion (€721.9 million) to increase the company's capacity from the current installed 627MW to 1,000MW by 2018.