TO speed up the development of its hydropower projects in the country, the state-owned Philippine National Oil Co.-Renewables Corp. (PNOC-RC) is opening its doors for a possible partnership.
In a statement, PNOC-RC said it is inviting interested parties to apply for eligibility so that they could jointly develop hydropower plants that are packaged in three separate projects.
These hydropower projects are located in Nalatang in Kabayan, Benguet; Dulangan in Baco, Oriental Mindoro; and Pasil B and C in Lubuagan, and Saltan B in Balbalan, all in Kalinga.
The Nalatang project is expected to have a potential installed capacity of 44 megawatts (MW); Dulangan, 8.25 MW; Pasil B, 20 MW; Pasil C, 16 MW; and Saltan B, 24 MW.
PNOC-RC business development manager Pamela M. Cea-Borlaza said they are targeting to put up total power generating capacity of up to 300 MW of renewable energy in the next five years.
She also said that at least five small hydro projects in Negros Oriental are expected to be bid out on July 9.
Aside from the hydro power plants, PNOC-RC is also planning to develop 1-MW of power generating capacity by tapping irrigation canals in Nueva Ecija.
The PNOC-RC was created to lead the country’s initiatives in renewable energy.
PNOC president and CEO Antonio M. Cailao said they have purchased the entire solar power equipment inventory of Shell Solar Philippines Inc., making PNOC the country’s leader in solar energy.
He said the company will soon be installing 40,000 solar home units throughout the country.
Cailao added that other projects such as hydropower, geothermal, wind and biofuel are already in the pipeline.