EDC receives approvals for 1.5 GW wind projects in the Philippines
Date
June 27, 2016
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Energy Development Corp. (EDC) has plans to develop six wind power projects in Philippines totaling 1.5 gigawatts (GW).
The company has recently received the approval from the Philippines' Energy Department to carry out grid impact studies on the six potential wind power projects in Luzon and the Visayas. The projects are the following:
- 153-MW Matnog 1 and 206-MW Matnog 2 wind projects in Matnog, Sorsogon;
- 213-MW Iloilo 1 in Batad and San Dionisio and
- 500-MW Iloilo 2 in Concepcion, Iloilo.
- expansion of the 183-MW Burgos wind project in Burgos, Ilocos Norte
- 262-MW Negros wind project in Manapla and Cadiz.
Energy Development Corporation is a global geothermal energy industry pioneer. It is the Philippines’ largest vertically-integrated geothermal developer, delivering 1,457.8MW of clean and renewable energy to the country.
The firm continues to diversify its renewable energy portfolio through investments in solar, hydropower and wind power projects in the Philippines.
List of country news
Country news
-
-
June 08, 2016
Metro Pacific Investments Corporation agrees to acquire an additional 25% interest in Beacon Electric Asset Holdings
First Pacific Company Limited has announced that Metro Pacific Investments Corporation (MPIC) has agreed to acquire an additional 25% interest in Beacon Electric Asset Holdings, Inc. for PHP26.2 billion (US$567.3 million) from PLDT Communications and Energy Ventures, Inc. (PCEV), a subsidiary of Philippine Long Distance Telephone Company (PLDT), the Philippine’s premier telecommunications provider. Read more -
May 06, 2016
Infraco Asia signs development agreement for Philippine hydropower portfolio
InfraCo Asia Development (IAD) has entered into a Joint Investment and Development Agreement (JIDA) and a Convertible Loan Agreement (CLA) with Alternergy Hydro Partners Corporation (AHPC), a developer of renewable energy projects based in Manila, Philippines. Read more -
May 03, 2016
Philippine GSIS mulls new $400-M fund for infrastructure
Government Service Insurance System (GSIS), a social insurance institution created under Commonwealth Act Number 186 tasked to secure the future of all employees of the Philippine government, has recently announced that it is planning to set up a US$400 million fund for major infrastructure projects. Read more -
April 25, 2016
Emerging Power, Inc. (EPI) secures fund for renewable projects
Nickel Asia Corporation has announced it is investing P2.16 billion (around US$46 million) in projects of its renewable energy unit Emerging Power, Inc. (EPI). Read more -
April 12, 2016
Bidders line-up for Chevron geothermal assets
French power and gas group Engie and Japan's Marubeni have plans to bid for the Chevron Corp's Asian geothermal energy blocks located in Indonesia and Philippines. Read more
