Silay energy company upbeat

by Alena Mae S. Flores – February 28, 2016 at 11:25 pm

from Manila Standard

PhilCarbon Inc. is bullish on its portfolio of over 140 megawatts of renewable energy after recently completing the 25-MW Silay solar project in Negros Occidental province.

PhilCarbon, led by president Ruth Yu-Owen, executive vice president Gao Pronove and chairman Rufino Bomasang, developed the Silay solar project, along with Citicore Power.

“Never in my 40-year involvement in promoting indigenous energy development did I ever dream that in 2016, Philcabon would be a partner in a company that would be inaugurating a 25-MW solar power plant in Silay,” said Bomasang, a former energy secretary, in a statement over the weekend.

He said “the Energy Department [during the 1970s and 1980s] was only talking about solar home systems generating several watts and kilowatts. … and even after the turn of the century, the largest Philippine solar power plant was a one-megawatt plant in Cagayan De Oro.”

“The inauguration of the 25-MW solar plant is therefore a milestone event not only for Silay but for the entire Philippines in terms of enhancing national energy security. Just as importantly, it is a milestone event for the entire world in its march towards a carbon-free environment,” Bomasang said.

Owen said PhilCarbon was optimistic the 25-MW solar project would be able to avail of the feed-in tariff, saying the project was completed ahead of the March 15, 2016 deadline set by the department.

She said PhilCarbon was now focusing its efforts on other projects being developed with Citicore Power, such as the 87-MW La Carlota solar farm in Negros Occidental and the 12-MW Himamaylan biomass in Himamaylan in the same province.

“Renewable energy is the future of power generation. By investing in renewable energy, we are sowing the seeds for a cleaner and emission free future,” Owen said.

The company, along with Upgrade Energy of Belgium, is also developing the 1.814-MW Home Depot Solar rooftop in Laguna, 1-MW Solaire solar power, 50-kilowatt micro hydro and 2.5-MW Manicahan river hydro in Zamboanga City, 600-kW Magat F RIS hydro power in Isabela and 33-MW wind power in Bulalacao, Oriental Mindoro.

She said nine solar rooftop projects of PhilCarbon in the pipeline received guarantee from from LGU Guarantee Corp.