OFF-GRID electricity generator DMCI Power Corp. (DPC) is set to build a wind power plant in Semirara Island, home of the biggest coal reserve in the Philippines.
In a disclosure to the local bourse, Monday, June 5, 2023, DPC intends to finalize the wind power capacity in the coming months, with projections ranging from eight to 12 megawatts and operational implementation expected within 12 to 15 months.
The project will be funded and undertaken independently by the company. Besides wind energy, DPC president Antonino Gatdula Jr. said they are also looking at solar energy to augment the supply on the island. But they are prioritizing wind resource development because it has shown the most promise.
The firm said current studies suggest that wind power could potentially deliver a 33 percent plant utilization rate, compared to just 17 percent for solar. Capital expenditure per megawatt for both wind and solar projects is also roughly the same. (PR)
June 05, 2023
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