BY LENIE LECTURA – JULY 18, 2022
from Business Mirror
ABOITIZ Power Corp.’s renewable arm in geothermal power, AP Renewables, Inc. (APRI), will build a 17-megawatt (MW) binary plant in Tiwi, Albay.
The plant will utilize excess heat from spent brine at the Tiwi geothermal facility, the country’s first geothermal power plant. APRI has signed an agreement with its steam provider for the supply of brine that will fuel the binary facility.
“The expansion of our Cleanergy portfolio isn’t solely hinged on acquisitions or the construction of big-ticket projects. At Aboitiz Power, and within the Aboitiz Group, we always seek ways to optimize available resources. This project is a testament to that,” Aboitiz Power President and Chief Executive Officer Emmanuel V. Rubio said.
The Tiwi binary plant will be built from the ground up with an entirely new binary plant system, pipes, and transmission line. Construction on the project is targeted for completion at the end of 2023. Geothermal energy, which is a form of renewable energy, comes from the heat of the earth, produced by drilling holes into the ground to tap steam—or the hot water rising to the surface of the earth—from geothermal reservoirs. Residual heat from the hot brine side of the geothermal production process that is otherwise discarded is harvested to produce electricity through the binary geothermal power plant.