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Hydropower Energy

ABOUT 10 PROJECTS in biomass and run-of-river hydroelectric power generation are set to benefit should the Department of Energy (DoE) approve the extension of the guaranteed feed-in-tariff (FiT) offered for these renewable energy technologies.

Continue reading FiT extension could be lifeline for 10 projects

Aboitiz Power Corporation (AboitizPower), the subsidiary of listed conglomerate Aboitiz Equity Ventures, is continuously expanding its renewable energy (RE) portfolio in the country as it ramps up the development of all its hydropower projects.

Continue reading AboitizPower widens RE portfolio, with hydro projects

MANILA, Philippines — Aboitiz Power Corp. is set to switch on two new powerplants before the end of the year as it moves toward its goal of reaching total capa-city of 4,000 megawatts (MW) by 2020.

Continue reading AboitizPower switching on 2 hydro plants

MANILA, Philippines — Businessman Gregorio “Greggy” Araneta III is building an 800-megawatt hydropower plant in Laguna.

Continue reading Araneta to build 800-MW hydro plant in Laguna



GLOBAL BUSINESS Power Corp. (GBPC) is developing a pumped-storage hydroelectric power plant in the Visayas with an initial capacity of 100 megawatts (MW) that it plans to use as back up power to the grid operator, its top official said.

Continue reading GBPC plans pumped-storage hydropower plant in Visayas

THE Department of Energy (DOE) is not inclined to extend the implementation of the “degressed” feed-in-tariff (FIT) rates for hydro and biomass power projects.

Continue reading DOE may not extend ‘degressed’ FiT rates for hydro and biomass projects

THE GOVERNMENT IS LOOKING TO REHABILITATE THE AGUS RIVER HYDROELECTRIC SYSTEM IN MINDANAO THROUGH CHINESE FUNDING, AN OFFICIAL SAID.

Continue reading Agus Pulangi hydro system rehab eyed for Chinese funding

MANILA, Philippines — The government is planning to ask China for funding assistance for the rehabilitation of the 982-megawatt Agus-Pulangi Hydroelectic Power Plants, according to the Department of Finance (DOF).

Continue reading Government eyes China funding for Agus power plant rehab

The proposed rehabilitation of the Agus-Pulangi hydroelectric power plants in Mindanao will be included in the second basket of projects the Duterte administration would submit to China for possible financing.

Finance Secretary Carlos G. Dominguez III said the Philippines and the Chinese governments are currently discussing additional six to eight infrastructure projects for possible financing, which included Mindanao’s hydroelectric power plants.

Dominguez said the new set will be the second basket of infrastructure projects they plan to propose for official development assistance (ODA) from China.

“We discussed also the basket of the next projects which is a basket of about six or eight projects,” Dominguez told reporters in an interview at the DOF headquarters. “Among them which is quite important to us is the rehabilitation of the Agus river hydroelectric system.”

The finance chief noted “we have excess capacity in Mindanao, now is the time to fix that up so that you know at the time when they have to shut the plugs down for maintenance, we will have the extra capacity there.”

Dominguez, however, clarified that second basket of projects is not yet definite, adding “it’s still in the discussion stage” and “probably” will be finalized during the final three-months of the year.

Asked about the amount of financing needed for Agus-Pulangi hydroelectric power plants, Dominguez said the government has yet to conclude the project’s feasibility study. “It’s quite a complex project because Agus has one, two, three, four, five plants. We have to prioritize that area… I am not even sure which one of which has the lowest performance. But those are the items among the proposal,” the DOF chief said.

In June, Dominguez initially said the government may need to borrow R34 billion, or around $686 million, in ODA from China for the rehabilitation of the Mindanao’s major power source.

The Agus complex has 728-megawatt installed capacity, consisting of six cascading-power plants strategically located along the Agus River.

The Pulangi complex, on the other hand, is a 255-megawatt hydropower facility with three generating units. Both facilities, however, already have derated generation.

Both supply Mindanao electric-power consumers more than 50 percent of its total electricity requirements.

The power facility is owned by Power Sector Assets and Liabilities Management Corp. (PSALM), the agency tasked to manage state-owned power assets, and is operated by state-run National Power Corp. (Napocor).

Dominguez said the Agus and Pulangi power plant complexes need urgent repair, noting they are “only operating for about 40 percent capacity. So, you better repair while you have enough capacity, before it catches up to you.”

The target is to have them operational close to 100 percent, Dominguez said.

“We submitted that for Chinese funding. Once you have that, [maybe we] can implement the interconnection… to be able to bring the power to Visayas, to be able to complete the grid,” the finance chief said.

“If you can fix the Agus, then it will be a good power base for interconnecting the whole Philippine grid,” he added.

Earlier, Dominguez said the government wanted the rehabilitation of Agus hydropower complex before they put they on the auction block.

“I am telling Secretary (Alfonso) Cusi, we have to rehabilitate it because that’s only operating at 40 to 50 percent capacity… we have to rehabilitate it first then maybe privatize the operations later,” the finance chief said.


Reference:

Leyco, C. S. (October 9, 2017). Agus-Pulangi hydropower plant rehab included in China’s second infra basket. Manila Bulletin. Retrieved from https://business.mb.com.ph/2017/10/09/agus-pulangi-hydropower-plant-rehab-included-in-chinas-second-infra-basket/

ALSONS Consolidated Resources, Inc. is investing P1 billion in a 15.1-megawatt (MW) run-of-river hydropower project, the company said on Friday, marking its move towards developing renewable energy.

Continue reading Alsons investing P1 billion in Sarangani river hydro project

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