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INSIGHTS

More wind power projects to proceed in Philippines

More wind power projects to proceed in Philippines
4 more wind power projects with combined capacity of 174 megawatts (MW) are set to be developed after the Energy department declared these ventures as commercially feasible. The Energy department gave the green light for Energy Logics Philippines, Inc. to proceed with construction of its 48-MW wind project in the mu
4 more wind power projects with combined capacity of 174 megawatts (MW) are set to be developed after the Energy department declared these ventures as commercially feasible.

The Energy department gave the green light for Energy Logics Philippines, Inc. to proceed with construction of its 48-MW wind project in the municipality of Pasuquin.

Lopez-led Energy Development Corp. (EDC) also secured a similar certificate for the 63-MW expansion of its existing wind project in the municipality of Burgos.

EDC is building its 87-MW Burgos wind project that is expected to be operational by the middle of 2014.

At the same time, units of AC Energy Holdings, Inc. (ACEHI) -- the power generation arm of conglomerate Ayala Corp. -- also received similar confirmations from the department.

Northern Luzon UPC Asia Corp. (NLUPC) will develop a 45-MW wind project in Barangay Balaoi in the municipality of Pagudpud.

NLUPC -- a joint venture among ACEHI, UPC Philippines Wind Holdco I B.V. and Philippine Investment Alliance for Infrastructure Fund -- is building an 81-MW wind project in Barangay Caparispisan in the same municipality.

The wind farm is expected to be operational by late 2014 or early 2015.

Northwind Power Development Corp., which is 50%-owned by ACEHI, also received the approval of the 18-MW expansion of the existing 33-MW wind farm in the municipality of Bangui.

These 4 wind projects add to the 5 existing wind projects that had already secured similar certificates on declaration of commerciality.
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