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Renewable energy projects in Philippines get incentives

Posted: 22 Jan 2015 ?? ?Print Version ?Bookmark and Share

Keywords:renewable energy? FIT? biomass? solar power? hydropower?

In order to promote renewable energy (RE) in the Philippines, the country's Department of Energy (DOE) has recommended 14 RE projects to the Energy Regulatory Commission's feed-in-tariff (FIT) scheme, Philippine Star reported.

FIT covers an array of incentives given to RE players, wherein companies are entitled to the following rates: $0.13/kWh for run-of-river hydroelectric power, $0.19/kWh for wind and $0.22/kWh for solar power.

Five biomass facilities, three hydropower plants, two solar plants and four wind farms received certificates of endorsements, comprising a total FIT capacity of 304.051MW, according to DOE.

The biomass projects awarded with COEs include Green Future Innovation Inc.'s 19MW bagasse-fired cogeneration facility with FIT capacity of 3MW, Montalban Methane Power Corp.'s 14.8MW Montalban landfill methane recovery and power generation facility with FIT capacity of 2.175MW, Pangea Green Energy Philippines Inc.'s 1.2MW Payatas landfill methane recovery and power generation facility with FIT capacity of 0.876MW, Lucky PPH International Inc.'s 3.6MW biomass gasification plant with FIT capacity of 3.6MW and San Jose City I Power Corp.'s 24MW San Jose City rice husk-fired biomass plant with FIT capacity of 9.9MW.

The hydropower projects given COEs are as follows: Hedcor Inc.'s Irisan 1 hydroelectric plant with FIT capacity of 3.8MW and Tudaya 2 hydroelectric plant with FIT capacity of 7MW, and Smith Bell Mini Hydro Corp.'s Commonal Uddiawan hydroelectric power plant with FIT capacity of 1.8MW.

For wind projects, the DOE has issued COEs to Northwind Power Development Corp.'s Bangui Bay wind power project Phase 3 with FIT capacity of 18.9MW; Energy Development Corp.'s Burgos Wind Project Phase 1 with FIT capacity of 87MW and Burgos wind project Phase 2 with FIT capacity of 63MW; and North Luzon Renewable Energy Corp.'s Caparispisan wind project with FIT capacity of 81MW.

Solar projects that got DOE's nod are San Carlos Solar Energy Inc.'s San Carlos power project Phase A with FIT capacity of 13MW and San Carlos power project Phase B with FIT capacity of 9MW.

The department has been increasing the number of projects given COEs, said Energy Secretary Carlos Jericho Petilla, adding that the application process has been shortened from 100 days previously to nearly 45 days to encourage the development of more RE projects in the country.

With the easing of the processing period, the DOE said more private companies have expressed interest in developing potential RE areas in the country.





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