Philippine Department of Energy Director, Mario Marasigan, said that there are already 6 Wind Farm Projects in the Philippines in Development. Total investment in these projects would reach about $1B with 1 MW of power costing about $2.5 Million to harvest.
The Six Projects Are :
- PNOC-Energy Development Corp. (PNOC-EDC) 140 megawatt (mw) in Ilocos.
- UPC Asia (100 mw)
- Energy Logics (40-60 mw)
- A Spanish firm in Burgos province (10-15 mw)
- Aklan project (10-15 mw)
- Bulalacao project (40 mw)
Last year, the DOE was offering 16 sites in the Philippines to investors which were ideal locations for windfarms. These locations were:
Carmen and Oslob in Cebu; Bago City and Cauayan in Negros Occidental; Allen-Lavesares and Calbayog City in Northern Samar; Siquijor; Pasuquin, Ilocos Norte; Bantay, Ilocos Sur; Bani and Bolinao in Pangasinan; Maconacon, Isabela; Tagaytay, Cavite; San Andres, Quezon; and Mercedes and Daet in Camarines Norte.
The DOE has often said that one of the hurdles faced in getting investors to invest in the wind power generating sector is the slow passage of the Philippine Renewable Energy Bill (RE) which is languishing in the Philippine Congress.
RE will give incentives to investors and will also allow the shortened documentation and processing of RE projects through creation of a one-stop-shop.
According to a study conducted by the US Dept of Energy. The Philippines has a 76,000 MW wind potential capacity in an area of 11,000 sq. kmCategory: Wind, Philippines