Furukawa Electric secures submarine power transmission project in Cebu
Furukawa Electric Co., Ltd. and S.L. Development Construction Corporation have secured a submarine power transmission project in the Philippines for a total of approximately JPY4.3 billion (US$35.4 million).
The project was awarded by the National Grid Corporation of the Philippines, a corporation in charge of operating, maintaining, and developing the Philippines's state-owned power grid. Delivery and completion of the cable system are scheduled for 2023.
The transmission project will connect the Cebu Substation and Lapulapu Substation in Visayas. Furukawa Electric will supply 230kV AC XLPE-insulated 1600 mm2 triple-core submarine cable and cable temperature and load monitoring system. The new submarine power transmission will reinforce power transmission capacity and maintain the continuous transmission of power towards the major loads centers in Mandaue and Mactan even during N-1 contingency condition.
Country updates
-
-
March 18, 2022
HSBC lends debt financing for 160 MW wind project in Ilocos Norte
Philippine-based renewable energy developer AC Energy Corp. has secured a sustainable commercial letter of credit (LC) from HSBC Philippines to support the development of the 160 MW Bal...
Read more -
March 07, 2022
Basic Energy to invest US$31mn for 50 MW wind project in Batangas
Philippine-based Basic Energy Corporation (BEC) is investing up to US$31 million to develop the 50 MW wind farm project in the province of Batangas in the Philippines. The wind farm will b...
Read more -
March 02, 2022
AC Energy connects 120 MW Alaminos solar project to energy storage in Laguna
AC Energy, the renewable energy development arm of Ayala Corporation, has connected its operational 120 MW Alaminos solar photovoltaic project to the 40 MW/60 MWh Alaminos Energy Storage system in the...
Read more -
February 10, 2022
SPNEC signs 10-year PSA for its 500 MW solar project in Central Luzon
Solar Philippines Nueva Ecija Corporation (SPNEC) has signed a 10-year renewable power supply agreement (PSA) with distribution utility Angeles Electric Corporation (AEC) for its 500 MW solar pho...
Read more -
February 02, 2022
The Blue Circle partners with CleanTech Global Renewables for 1.2 GW wind project in Bulalacao
The Blue Circle and its partner CleanTech Global Renewables, Inc. have signed their first wind energy service contract for the 1.2 GW offshore wind project in Bulalacao, Oriental Mindoro, the Phi...
Read more
