Repower bags 500-MW wind power contracts

By Alena Mae S. Flores – March 19, 2024, 8:05 pm
from manilastandard.net

The Department of Energy (DOE) awarded Repower Energy Development Corp. (REDC) wind energy service contracts totaling 500 megawatts that would further expand its portfolio of clean-energy facilities around the country.

The 25-year wind contracts would allow the company to build the wind farms in Real and Mauban in Quezon province.

“REDC is committed to providing accessible, affordable, and sustainable energy to the underserved Filipino communities, and these new wind energy service contracts will allow us to succeed in continuing achieving this goal,” REDC president and chief executive Eric Peter Roxas said in a statement to the Philippine Stock Exchange Tuesday.

“Developing our wind-energy capabilities will complement our core capabilities in operating run-of-the-river hydropower plants, enabling REDC to continue enjoying its ongoing multi-year growth in revenue and net income,” he said.

The projects include the 100-MW Silang onshore wind farm covering 2,592 hectares of land, the 100-MW Mauban offshore wind farm on 3,888 hectares, the 200-MW Real offshore wind farm covering 14,661 hectares and the 100-MW Pandan Labayat onshore wind farm spanning 2,025 hectares.

The company said it plans to have its wind turbines shipped via sea and start its construction of wind farms in Quezon later this year.

The projects are situated within the vicinity of REDC’s 3 operating hydropower plants, where it operates a base for the province. It also operates a large switching station that is directly connected to the grid operated by the National Grid Corporation of the Philippines (NGCP).

REDC, a subsidiary of Pure Energy Holdings, said a jetty port, being built by one of the country’s leading conglomerates, is near its property that it could use for its equipment.