Green biomass plants on a roll
The company will push ahead with three of its planned biomass projects totalling 87.5 megawatts (MW) in response to the government’s request to speed up delivery of power in the Visayas and Mindanao provinces.
The projects are Green Power Panay Philippines (35 MW), the Green Power Nueva Ecija (17.5 MW) and Green Power Bukidnon (35 MW). The investment cost for 17.5 MW capacity is estimated to reach P2.3 billion (€36.7 million).
‘We are in the process of awarding our equipment and EPC contracts for the first three projects before the end of this March, and our first Panay project is already under construction,’ Stephen Waterfield, Global Green Power CEO, comments.
The direct assistance of the Department of Energy in helping renewable energy developers, combined with the benefits of the Renewable Energy Act, has enabled the company to move forward quickly to deliver decentralised power plants.
Green Power Panay received its renewable energy certificate on 19 February.