, Philippines

Philippines approves country’s largest wind farm

Will be located at the town of Burgos in Ilocos Norte province, northern Luzon.

Energy Development Corporation has received approval from the Department of Energy to push through with its US$300 million wind farm project. The Burgos Wind Project will have a capacity of 87MW and will become the largest wind farm in the Philippines.

EDC President Richard Tantoco said this milestone affirms the company’s efforts to pursue and fast track the project in order to be the first to achieve commercial operations by 2014.

“Our recently closed US$80 million club loan plus US$170 million we raised brings our total cash to US$461 million. We have, without a doubt, a fully funded business plan,” he said.

The Burgos wind project is EDC's entry into the wind power sector, complementing its geothermal, hydro and natural gas facilities.

The Burgos wind project is expected to generate approximately 233 GWh annually, enough to supply the energy demand for over a million households.
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Grid-forming inverters seize control to stabilise Asia’s power
Electricity demand is rising faster than the physical networks that deliver it.
Asia fusion market enters decisive phase with $5b China lead
The China Fusion Energy Corporation serves as a $2.1b national hub for artificial sun projects.
Grid links open fresh energy path for Singapore
Momentum builds around cross-border imports of solar, wind, and hydropower.