Solar PHL bags most of RE capacity in energy auction
BY LENIE LECTURA – JUNE 27, 2022
from Business Mirror
Data from the Department of Energy (DOE) website showed that Solar Philippines won 70 percent of all RE capacity in the DOE auction, or 1380MW out of 1996MW across all technologies, and 91 percent of all the solar capacity, or 1350MW out of 1490MW.
These are the 200MW Concepcion Tarlac 2 of Solar Philippines Commercial Rooftop Projects, Inc. (SPCRPI), 280MW Santa Rosa Nueva Ecija 2 of Solar Philippines Nueva Ecija Corp., 450MW Tayabas solar power of SPCRPI, 30MW Calatagan wind power of Solar Philippines Calatagan Corp., 300MW Kananga-Ormoc solar power of Solar Philippines Visayas Corp., and 120MW General Santos solar power of SPCRPI.
Last week, Solar Philippines said it has submitted power contract offers for its proposed 10 gigawatts, or 10,000MW, of solar projects that are targeted for commercial operations mostly in 2025 and 2026.
The DOE said there were 24 bidders, eight were from solar, another eight from wind, seven were from run-of-river hydro, and one was from biomass. The auction was held last June 17.
The following power projects were also cleared by the agency. These are the 60MW Kapangan hydro of Cordillera Hydroelectric Power Corp., 20MW Sablan 1 hydro of Hedcor, Inc., 40MW PAVI Green Naga solar of PAVI Green Renewable Energy, Inc., 88.980MW Talugtug solar of Greenergy Solutions, Inc., 70MW Caparispisan II wind of Amihan Renewble Energy Corp., 160MW Balaoi abd Caunayan wind of Bayog Wind Power Corp., 100.8MW Kalayaan 2 wind of CleanTech Global Renewables, Inc., 13.2MW Nabas 2 wind of Petrowind Energy, Inc., 3.7MW Malitbog hydro of Philnewriver Power Corp., 3.7MW Silo-O hydro of PPC, 4.85MW Mat-I 1 hydro of Philnew Hydro Power Corp. (PHPC), 6.9MW Clarin hydro of PHPC, and 3.4MW biomass cogeneration of Cotabato Sugar Central Company Inc.
The winning bidders were ranked based on their offers from the lowest to highest bid price and stacked corresponding to the respective RE technology per grid. They will be awarded with 20-year power supply contracts.
