Aboitiz unit Hedcor, Inc. is finalizing plans for four more hydroelectric plants with generating capacity of roughly 40 megawatts (MW). Two of the new plants will be along Sibulan River in Sta. Cruz, Davao del Sur, where the company is already operating a 26.5-MW hydropower facility. The other two will be in Compostela Valley and [...]
Posts Tagged ‘Hydro energy’
Aboitiz proposes four new hydropower plants (4/23/2010)
Posted in Business World News, tagged Aboitiz, Generation, Hydro energy, Investments, Mindanao on September 23, 2010 | Leave a Comment »
Mindanao traders cite urgent need for more power plants (9/20/2010)
Posted in Philippine Star News, tagged Hydro energy, Investments, Mindanao, Power supply on September 20, 2010 | Leave a Comment »
Big Mindanao-based business leaders are calling for the construction of additional generating capacities throughout the island. Ralph Paguio, chairman of the Cagayan de Oro City Chamber of Commerce and Industry, said Mindanao needs to “power up” to meet the growing demand of power supply and to veer away from too much reliance on hydroelectric dams [...]
Mindanao needs 500 MW in non-hydro power capacity (9/20/2010)
Posted in Inquirer News, tagged Coal, Generation, Hydro energy, Mindanao, Power supply on September 20, 2010 | Leave a Comment »
Energy Secretary Jose Rene D. Almendras wants the Mindanao grid to have at least 500 megawatts (MW) in baseload generation capacity from non-hydro sources such as coal, to insulate the island from severe power outages and unstable supply in the near future. “Our problem in Mindanao is our overdependence on hydropower,” Almendras said. With climate [...]
Aboitiz opens hydro plant, eyes coal (9/17/2010)
Posted in Business World News, tagged Aboitiz, Coal, Generation, Hydro energy, Mindanao on September 17, 2010 | Leave a Comment »
LISTED ABOITIZ Power Corp. opened its new hydroelectric power plant in Davao yesterday, in a bid to meet increasing power demand in the region. The 42.5-megawatt (MW) Sibulan hydropower plant in Davao del Sur was formally launched yesterday with President Benigno Simeon C. Aquino III as guest of honor. Aboitiz Power President and Chief Executive [...]
Aboitiz opens Davao hydro plant (9/16/2010)
Posted in Business World News, tagged Aboitiz, Generation, Hydro energy, Power supply on September 16, 2010 | Leave a Comment »
LISTED ABOITIZ Power Corp. launched its 42.5-megawatt Sibulan hydroelectric power plant in Davao del Sur today. In a statement, Aboitiz Power President and Chief Executive Erramon I. Aboitiz said the plant should help address growing demand for power in Mindanao. “The Sibulan hydropower project is a vital greenfield project for Southern Mindanao. It will deliver [...]
Firm wants to upgrade plant — DoE (9/08/2010)
Posted in Business World News, tagged Agus, Hydro energy, Mindanao, Privatization on September 8, 2010 | Leave a Comment »
A PRIVATE sector proposal to rehabilitate the Agus hydropower plant in Mindanao has been received by the Department of Energy (DoE), and the agency wants to get permission to lead the project. The plant is supposed to be privatized, and the government is barred by the law that mandated the sale of state power assets [...]
Agus-Pulangi privatization deferred to attract investors (8/19/2010)
Posted in Business World News, tagged Hydro energy, Mindanao, Privatization on August 19, 2010 | Leave a Comment »
PRIVATIZATION of the Agus-Pulangi hydroelectric power plant in Mindanao has been deferred by the Department of Energy (DoE) in hopes of managing electricity prices in the region to attract investors. Energy Secretary Jose Rene D. Almendras told reporters that the DoE is recommending to Congress to amend the Electric Power Industry Reform Act of 2006 [...]
TeaM Energy explores mini-hydro projects for RE portfolio compliance (8/16/2010)
Posted in Manila Bulletin News, tagged Generation, Hydro energy, Renewable energy on August 17, 2010 | Leave a Comment »
Japanese joint venture firm TeaM Energy Philippines has been exploring mini-hydro projects as part of its future venture in the country and also integrate such into its compliance to the renewable portfolio standard (RPS) prescribed under the Renewable Energy Act. “We are looking at mini-hydros…initially, we have prospects in Luzon for 3 to 5 megawatts [...]
Oriental Energy eyeing to trade carbon credits (8/13/2010)
Posted in Manila Bulletin News, tagged Carbon emission, CDM, Hydro energy, Renewable energy on August 13, 2010 | Leave a Comment »
Oriental Energy and Power Generation Corporation is eyeing to trade the carbon emissions reduction that will be generated from its five mini-hydro power projects to bring it more cash value. The company already inked a deal with Carbonergy Business Consultancy Services, a Philippine-registered company, to develop a program that shall enable it to trade its [...]
AboitizPower geothermal, hydro power assets awarded COCs by ERC (8/05/2010)
Posted in Philippine Star News, tagged Aboitiz Power, COC, Hedcor, Hydro energy, Renewable energy on August 5, 2010 | Leave a Comment »
Renewables, Inc. and Hedcor Sibulan, Inc., both wholly owned subsidiaries of AboitizPower Corp., were recently granted certificates of compliance (COC) by the Energy Regulatory Commission (ERC). The COCs were granted after APRI’s ten-unit geothermal facilities in Laguna and Batangas and Hedcor’s Hydropower Plant B in Davao del Sur were found to be compliant with the [...]
