The battle for the privatization of the 246 MW Angat Hydroelectric Power Plant in Norzagaray Bulacan gets competitive as major players announced their intent to join in the public bidding that is going to be conducted by Power Sector Assets and Liabilities Management Corp. (PSALM).

Those conglomerates who expressed their intent to bid for the project were the Ayala Group (in partnership with Metro Pacific Investments Corp.), San Miguel Corp., Aboitiz Power Corp, and the Lopez Group’s First Gen Holdings Corp.
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The government’s Philippine Agricultural Development and Commercial Corp announced that they would be conducting a roadshow in the United States in order to attract companies that can bring in Cellulosic Bioethanol production to the Philippines.

According to them they received word from the United States Department of Agriculture that the technology is ready for commercial applications. (This I got to see!)
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The Philippine Economic Zone Authority (PEZA) has approved last January 15th the creation of the P55 million Cavite Biofuels Ecozone applied for by the Cavite Biofuel Producers Inc (CBPI). All that’s needed now is a presidential proclamation in order to make it official as an Agro-Industrial Economic Zone.
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It was reported that the Zamora Group, via Tranzen Energy, has plans to put up a 230 MW hydro electric power plant in Mindanao by 2014. This will be a new power plant as opposed to the common strategy of bidding for government power plants set on the privatization block by PSALM.

The group is behind the Montalban Methane power plant that converts the methane from the Rodriguez waste dumps to useful energy. Montalban is 60% owned by them with the remainder belonging to Carbon Assets Fund of Cayman Island that is in part owned by the United Kingdom Carbon Capital Markets. They are also planning to setup similar methane power projects in Angeles, Olongapo, Davao and San Mateo Rizal.
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Constellation Energy, a subsidiary of EnerAsia Renewables Corp. of Canada, announced that they are looking to develop Renewable Energy projects in Biliran, Leyte (geothermal); Panglao, Bohol (wind), Bago (13.2 MW hydro), Salug Daku 2 (6 MW hydro), Salug Daku 3 (2.5 MW hydro), and Salug Daku 4 (4 MW hydro).

They already have signed Renewable Energy service contracts for the rights to 3 hydro projects in Dupinga (3 MW); Alag (39.5 MW); and Bongabong (28 MW).
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Ayala Corp, of the Zobel Family, announced that they are interest in investing in the emerging renewable energy industry in the Philippines given the opportunity. Jaime Augusto Zobel de Ayala, the current chairman and chief executive, said that it is their commitment to sustainable development and innovation that makes this investing in this sector appealing.

“We just can’t say we don’t want to venture into this industry because we need all these resources for the betterment of the people. There’s a better way of doing them. Our partners or the companies we plan to bring in are also demanding it,”
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