Wednesday, January 20, 2016

DOE awards service contracts on renewable energy

In aggressively fulfilling international commitments and promoting indigenous sustainable energy, the Department of Energy (DOE), through the facilitation of its Renewable Energy Management Bureau, has awarded renewable energy service contracts (RESCs) accounting for about 1,700 megawatts (MW) potential capacities.

These projects are on top of the additional total potential capacity of 12,128 MW recorded in November 2015. If all these projects are aggregated and realized, the country's installed capacity could reach up to about 20,000 MW by 2030, which is higher than the initial National Renewable Energy Program target.

Energy Secretary Zenaida Y. Monsada emphasized that “We are committed to increase our RE capacity and maintain a minimum of 30% share in the power generation mix in the coming years.”

Through this government intervention, the country will be able to achieve its undertaking to triple installed RE capacity by 2030, reflecting its 21st Conference of the Parties pledge and proactively responding to the Asia-Pacific Economic Cooperation’s aspiration of doubling RE capacities of member-economies from 2010 level by 2030.

Towards the last quarter of 2015, the newly appointed Energy Secretary has greenlighted the renewable energy projects after having meticulously reviewed each contract.

The power companies in Mindanao are the Lamsan Power Corporation in Sultan Kudarat, Maguindanao (5.5 MW Biomass Cogeneration Power Plant); Gerphil Renewable Energy, Inc. in Impasugong, Bukidnon (Atugan 4 Hydro Electric Plant); and GPower, Inc. in San Francisco, Agusan del Sur (San Francisco Solar Power Plant).

The DOE would also like to call on concerned government agencies and local government units to extend utmost assistance to the project proponents to fast track the timely realization of these vital renewable energy projects.  (DoE)

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