Over 190MW of biomass power planned for Philippines
CHE Group has entered into a memorandum of understanding (MoU) with Full Advantage to build a number of biomass-fired power plants across the Philippines.
Under the $480 million (€386 million) contract, the companies will develop 16 biomass plants totalling 191MW constructed in strategic locations in the Philippines. The facilities will be built over the next five years, with engineering work on the first plant set to begin in Q2 2015. This is CHE Group's first biomass-to-energy project to be located in the country.
The equipment for these power plants will be manufactured and supplied by CHE Group from Malaysia. CHE Group, which partners with European technology companies Torftech (UK) and ERK Eckrohrkessel (Germany), has designed a system able to utilise energy crops as biomass fuel to generate electricity.
Torche Energy, a joint venture between CHE Group and Torftech, will be the main contractor to execute the project. It will be managed by the group's sister company, WVEL Energy.