by Alena Mae S. Flores, February 12, 2015
from Manila Standard Today
BURGOS, Ilocos Norte–Energy Development Corp., a subsidiary of First Gen Corp., is expanding its renewable energy footprint with the expected completion of a 4.1-megawatt solar power plant next month and the start of operation of the largest wind project in this town.
First Gen vice president Aloysius Santos told reporters the solar plant, once completed in March, would add power capacity to the Luzon grid in addition to EDC’s 150-MW wind power project here.
“Whatever wind it can pick up, it can go to the grid. It will add to and augment the capacity that’s needed,” Santos said, referring to the wind project, the country’s largest to date.
The Luzon grid is anticipated to have a tight power supply starting March due to lack of reserves.
The 150-MW Burgos wind project is expected to power around 150,000 homes with a monthly consumption of about 200 kilowatt-hours per month.
“The important thing is it’s all clean energy,” Santos said.
EDC installed 50 units of the Vestas V90 wind turbines with a capacity of 3 MW each.
Santos said EDC was looking at other wind project sites in Luzon. The company has an approved wind service contract in Pagudpud, Ilocos Norte.
Santos said power from the wind and solar projects would be under the feed-in tariff and would be sold to the spot market.
EDC’s Burgos wind project was named the Asia-Pacific Renewables Deal of the Year by Project Finance International, the only project in the Philippines that made it to the 2014 PFI list.
PFI cited the Burgos wind project as a ground breaking project for being the first wind farm project financing in the Philippines to reach financial close.
EDC invested $450 million in the Burgos wind project.