The Energy Department approved the first phase of Philippine Hybrid Energy Systems Inc.’s P2.5-billion wind power project in Oriental Mindoro.
Phesi chief operating officer Nicanor Villasenor told reporters the agency issued a confirmation of commerciality for the project on Sept. 12, which allowed the company to proceed with the construction of the first phase involving 16 megawatts.
“This project will complement the predominantly diesel power supply in Oriental Mindoro, which is seeing exponential economic growth,” Villasenor said.
Phesi’s certificate of commerciality is “the first granted to a wind project in the off grid area.”
It is also the first company to be granted a certificate of commerciality to a project located in the missionary area “not covered by the feed-in tariff.” The feed-in tariff serves as incentive to power players to develop renewable energy projects.
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by MST.ph.
Comments are views by manilastandardtoday.com readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandardtoday.com. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with MST.ph editorial standards, MST.ph may not be held liable for any false information posted by readers in this comments section