PetroEnergy Resources Corp. (PERC) vice president, Francisco Delfin Jr., announced that they will put up a 30 MW wind power plant in Nabas-Buruanga-Malay in Aklan and another 30MW wind power plant in Sual Pangasinan. Both are expected to cost about P2.6 Billion each to construct.
Prior to that, they will spend around $500,000 over the next two years to assess and confirm the wind power potential of the two areas. They also announced that they will use wind technology for their wind project from NRG Wind Mast Systems.
In line with this, they are also asking for a “favorable” feed-in tariff from the government. The feed-in tariff is a provision provided by the Philippine Renewable Energy Act which allows the government to set an above-market energy rate to encourage investors to develop more RE projects.
According to a study conducted by the US Dept of Energy. The Philippines has about 76,000 MW of harvestable of wind power situated in different areas of the country.
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Category: Wind, Clean Energy
