73 RE projects qualified to bid for 2,000MW capacity auction
By Myrna M. Velasco – June 1, 2022, 11:04 AM
from Manila Bulletin
About 73 projects have been qualified to bid for the 2,000 megawatts of renewable energy (RE) capacities to be administered by the Department of Energy (DOE) this June 17 in compliance with the Renewable Portfolio Standards (RPS) policy of the government.
For Luzon grid, 32 projects being undertaken by various companies had been qualified to join the bidding for the 900MW of solar capacities; 12 companies for the auction of 360MW wind capacities; three (3) project developers can slug each other out in 60MW biomass capacities on offer; and four bidders will be in competition for 80MW run-of-river hydro capacities.
In the Visayas grid, six project-companies are qualified in the 260MW solar capacity bidding; three (3) companies for 120MW biomass capacity; and two (2) companies for 20MW wind capacity.
The RE capacity tendering for Mindanao grid also attracted four qualified bidders for 50MW biomass capacity; five bidders for 50MW hydropower capacity; and two bidders for 100MW solar capacity.
Across RE technologies, the aggregate solar capacities to be offered will be 1,260MW for all grids; 380MW for wind farm installations; 230MW for biomass; and 130MW for hydropower developments.
The green energy auction reserve (GEAR) prices prescribed by the Energy Regulatory Commission (ERC) for each of the RE technology on tender had been: P3.6248 per kilowatt hour (kWh) for solar; P5.2887 per kWh for wind; P5.5480 per kWh for biomass; and P5.8705 per kWh for hydropower.
The GEAR prices will serve as the cost ceiling for financial offers that RE developers will be submitting per technology – and the winners are those with lower price tenders vis-à-vis the reserve price. In addition, the qualified bidders will need to meet the technical as well as legal qualifications warranted in the terms of reference (TOR) of the Green Energy Auction Program.
In a notice issued by Energy Senior Undersecretary Felix William B. Fuentebella, he directed all qualified bidders to join the pre-bid conference slated this June 1, so the relevant parties can raise all questions and concerns relating to the scheduled RE auction process this month.
The energy department is scheduling the award of 20-year power supply contracts to the winning RE bidders -wherein their generated electric capacities shall be slated for deliveries from December 26, 2022 to December 25, 2025.
The qualified bidders for solar capacities are: SolarAce1 Energy Corp, Greencore Power Solutions 3 Inc., Citicore Solar Tarlac 1, Greentech Solar Energy Inc., PetroGreen Energy Corp., CleanTech Global Renewables Inc., Solar Philippines Commercial Rooftop Projects Inc., Solar Philippines Tagoloan Corporation, Gigasol 3 Inc., PV Sinag Power Inc., PAVI Green Renewable Energy Inc., Metro Solar Power Solutions Inc., Raslag Corp., TeaM (Philippines) Renewable Energy Corp., Santa Cruz Solar Energy Inc., Solar Philippines Nueva Ecija Corporation, Sapang Balen Solar Sustainable Energy Corp., Greenergy Solutions Inc., PetroSolar Corporation, Sinocalan Solar Power Corp., 4 Barracuda Energy Corp., 5 Barracuda Energy Corp., AP Renewables Energy Corp., and Trustpower Corp. for Luzon grid; then Aboitiz Solar Power Inc., Solar Philippines Visayas Corporation, Solar Philippines Commercial Rooftop Projects Inc., San Carlos Sun Power Inc., Citicore Solar Negros Occidental Inc. and Citicore Solar Cebu Inc. for Visayas grid; and Solar Philippines Commercial Rooftop Projects Inc. and Solar Philippines Tagoloan Corporation for Mindanao grid.
The qualified bidders for wind capacities are: Amihan Power Inc., Bayog Wind Power Corp., Northwind Power Development Corp., Solar Philippines Calatagan Corp., Amihan Renewable Energy Corp., CleanTech Global Renewables Inc., Quezon Wind Energy Corp., Alternergy Sembrano Wind Corporation, Island Wind Energy Corp., and Energy Logics Philippines Inc. for Luzon grid; and then Triconti ECC Renewables Corp and PetroEnergy Inc. for Visayas grid.
In the realm of hydropower technology, the bidders would be: Hydrocore Corp., Cordillera Hydroelectric Power Corp., Hedcor Benguet Inc., and Hedcor Inc. for Luzon grid; as well as Philnew Hydro Power Corp., Philnewriver Power Corporation and Maramag Hydropower Corp for Mindanao grid.
The RE auction for biomass will have the following as qualified bidders: Hypergreen Energy Corp., Trustpower Corp. and Isabela La Suerte Ricemill Corporation for Luzon grid; North Negros Biopower Inc., San Carlos Biopower Inc. and South Negros Biopower Inc. for Visayas grid; and then Cotabato Sugar Central Company Inc., Davao Sugar Central Company Inc., Green Aces Renewable Energy Corp. and Lumino Biomass Power Inc. for Mindanao grid.
