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Belgian firm Enfinity eyes energy project in Libjo, 14 others

Belgium-based renewable energy developer Enfinity has sought government approval of 15 applications for renewable energy service contracts for its proposed solar-power projects, according to the Department of Energy.

DOE documents showed that Enfinity, through its local subsidiary Enfinity Philippines Renewable Resources Inc., planned to put up separately two 50-megawatt solar power facilities within the Clark Freeport Zone and Cavite Export Zone.

Enfinity Philippines also has five other proposed projects, which have a combined capacity of 10 MW, to be located at Libjo, Surigao del Norte; Poro, Cebu; Casiguran, Aurora; Burdeos, Quezon; and San Fernando, Romblon.

Based on the applications they submitted to the DOE, Enfinity Philippines is also looking at several prospective solar areas for their power projects, including Tawi-tawi; Palawan; Calamansig, Sultan Kudarat; Sacol Island; Barangay (village) Matti, Digos, Davao del Sur; Victoria, Tarlac; Conception, Tarlac; and the Mactan Economic Zone. The company has yet to announce more specific details for these particular projects.

Enfinity earlier announced during a signing ceremony held at the Board of Investments that it targeted to invest some $1 billion to complete a 500-MW power portfolio in the country. These investments are expected to be poured in within the next three to five years.

The company has signed agreements with electric cooperatives such as Davao del Sur Electric Cooperative Inc. (Dasureco), Zamboanga Electric Cooperative Inc. (Zamcelco) and Tarlac Electric Cooperative Inc. II (Tarelco II), as well as with the various economic zones in the country for its planned investments.

It has also forged an agreement with state-run National Power Corp. for the establishment of solar-power projects in off-grid areas in Romblon, Palawan and Quezon.

Based on earlier discussions, Napocor president Froilan A. Tampinco had said that Enfinity was considering putting up a total of 10 MW of solar-power capacity in Napocor’s Small Power Utilities Group areas. This capacity, however, could go as high as 20 MW to take advantage of economies of scale, he added. (inquirer.net)

1 comment:

Anonymous said...

These are the projects that our government (both National and Local) should pursue with vigor and exploit with fervor as it is environmentally friendly (GREEN)...the only issue i would like to emphasize - AND I CANNOT STRESS THIS ENOUGH IN ANY SHAPE OR FORM - is that before we sign the 'dotted line below for the agreement' we MUST first study all the business pros and cons, for typically, we the consumers and beneficiaries of said project might end up with provisions that we have no control like cost of operating which translates to sometimes outrages per kilowatt prices beyond the reach of residential users (typical example are the toll increases that are to take or already took effect on the SLEXpressway, etc.) ... and not to sign or better still, have the right to strike down incremental/tier-type pricing for every song-and-dance the energy providers can muster to incorporate on the energy cost which is detrimental to the consumer...a build-operate-transfer idea will be presented in the table, likewise the collective members which will be the electric cooperatives (utilities) has the option or perhaps the prerogative to buy alternative energy sources when the cost to pass this to the consumers becomes prohibitive and not to the best interest of the public... or when demand is great which very often, a justification for rate increase/s and bargaining chip that will be used to compel consumers to just plain accept it.

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