By Alena Mae S. Flores – August 23, 2023, 7:15 pm
from manilastandard.net
The Department of Energy is bidding out 20 pre-determined areas with a combined renewable energy capacity of more than 247.98 megawatts on Aug. 29.
It is offering three geothermal areas for private sector development including the 100-MW Buguias-Tinoc geothermal project in Ifugao, the 40-MW Mabini geothermal project in Batangas and the 20-MW Mt. Sembrano geothermal project in Rizal and Laguna.
The agency is also offering 14 hydro areas for the private sector to develop. These include the 5=MW Tinoc 4 hydro, 16.2-MW Alilem hydro, 4.2-MW Sibalom (upper) hydro, 15-MW Main Aklan hydro, 0.5-MW Basak II hydro, 4.5-MW Sawaga hydro and 1-MW Davildavian River hydro.
Also offered are the 16.3-MW Carac-an hydro, 4-MW Ruparan hydro, 5.65-MW Canayan hydro, 7-MW Three Rivers hydro, .3-MW Catuiran (upper cascade) hydro, 3.6-MW Langaran hydro and 1.71-MW Baua hydro.
The DOE is offering four wind projects with yet to determine capacity for development including San Jose wind in Nueva Ecija, Pantabangan wind also in Nueva Ecija and Bagac wind power project in Bagac, Bataan.
The DOE said applications would be evaluated based on the work program, technical qualification and financial qualification. The highest-ranking application that meets the requirement will be selected, it said.
It set the bid submission deadline for OCSP 4 at 11 a.m. of Aug. 29, with bid opening following at 12 noon of the same day.
Energy Undersecretary Rowena Cristina Guevara earlier said OCSP 4 is an investment promotion mechanism where potential areas for RE development or pre-determined areas will be offered to private investors.
“These PDAs have sufficient technical data for geothermal, hydropower and wind energy,” Guevara said.