The Energy Regulatory Commission (ERC) has given final approval to the 36-megawatt (MW) Nabas Phase-1 wind power project of PetroWind Energy Inc. (PWEI), with the issuance of a Certificate of Compliance (COC) for the project.
The COC approval means that PWEI has complied with all the technical, equipment, financial, organizational, and manpower requirements to operate the wind farm.
It also signifies the ERC’s acceptance of the proposal of the Department of Energy (DOE) for the June 10 commercial operations date (COD) for the facility.
In a disclosure to the Philippine Stock Exchange (PSE), PWEI said the regular COC will be amended by a COC-FIT (Feed-in-Tariff).
The COC-FIT will be issued later once the ERC decides on the FIT rate for the second batch of wind farms, including Nabas, Pililla, and Guimaras.
The company invested P4.5 Billion to develop the facility, making it the single biggest investment in Aklan province and largest renewable energy facility in Panay Island, to date.
The Nabas facility started providing clean power to the Visayas grid on March 24 from 8 wind turbine generators at the start of its commissioning tests.
The facility is composed of 18wind turbine generators made by Spanish firm Gamesa Eolica S.L. Unipersonal.
Testing of the remaining 10 wind turbine generators was completed on June 9.
PWEI Executive Vice President for Operations, Francisco G. Delfin Jr. said the ERC approval formalizes PWEI’s and its parent company’s status as a power generation entity.
“PWEI looks forward to higher production of clean and renewable energy from Nabas as we enter the high wind season this third quarter of 2015,” he added.
Since March 24, PWEI has contributed over 15,000 MWh of electricity to the Visayas grid.
PWEI is a joint-venture firm owned by Singapore-based CapAsia Asean Wind Holdings Cooperatief U.A., EEI Power Corporation, and PetroGreen Energy Corporation (PGEC).
PGEC is a 90 percent subsidiary of PetroEnergy Resources Corp.