Last Thursday the Philippine Department of Energy (DOE) was packed by interested bidders for the round of Geothermal Energy Contracts that they were giving out. The department received about 24 bids from 13 companies for only 10 contracts being offered out. The department is expected to announce next week those who have qualified for those contracts.
DOE assistant secretary Mario Marasigan and in charge of the Renewable Energy Management Bureau said that the intense interest was due to the passage of the renewable energy law (RA 9513) that gives incentives to investors in clean & renewable energy projects.
Included in the list of bidding companies are: Constellation Energy Philippines, Pan Pacific Power Corp., Aragorn Power Energy Corp., Baca Valley Energy Inc., Filtech Energy, Envent Holdings Philippines, Energy Development Corp. (EDC), PNOC-Renewables Corp., Clean Rock Renewable Energy Resources Corp., Primary Energy Corp., SKI Construction Group Inc. and Magma Energy Corp.
Constellation Energy is looking at the Montelago area in Oriental Mindoro. Pan Pacific is for Daklan in Benguey and Natid in Bataan. Aragorn Power is looking at Labo in Camarines Norte and Baca Valley Energy is gunning for Mainit in Surigao del Norte and Maibarra, which covers Batangas and Laguna.
Some of the geothermal energy areas being offered for bid by the DOE are Cagua/Baua in Cagayan (69,748 hectares), Daklan in Benguet (23,639 has), Acupan-Itogon in Benguet (18,407.64 has), Natib in Bataan (11.928.72 has) and Montelago in Oriental Mindoro (4,032.97 has), Labo in Camarines Norte (9,324.30), Isarog in Camarines Sur (16,279.1), Sta. Lourdes-Tagburos in Puerto Princesa City, Palawan (1,599.80 has), Mainit in Surigao del Norte (37,690.93) and Maibarara which (1,599.80 has).
In the Philippine today, the Lopez Group’s Energy Development Corp (EDC) is the leader in geothermal energy production. The Philippines is second only in the world today as the country having the most number of geothermal energy based power plants.
Category: Clean Energy, Geothermal
