Davao Sur looking for RE power investors

THE PROVINCIAL government of Davao del Sur is seeking investors for the establishment of renewable energy plants in the province.

In its website, the provincial government identified the proposed establishment of hydropower plants and geothermal plants as part of the investment priority areas. These may be implemented in a form of public-private partnership or build-own-operate.

The list includes the proposal to set up three megawatts of hydropower plant in Malita; 10 megawatts in Don Marcelino; 25 megawatts in Jose Abad Santos and eight megawatts in Digos. The province also planned for the expansion geothermal plants that would generate additional 108 megawatts.

The proposed projects will have a combined capacity of 154 MW.

Based on the project description on the proposed expansion of geothermal plants in Mt. Apo, for instance, it is aimed to “generate 108 MW clean energy to feed grid of power generated from volcanic steams, create jobs and help solve energy outages in Mindanao.”

The investment requirement on the proposal valued at $500 million or P2 billion.

Aboitiz Power Corp. already signified its intention to set up a 200-megawatt geothermal power plant in Mt. Apo as it has exploring about 20,000 hectares for the project.

“By tapping the geothermal resources in Davao City, Davao del Sur and North Cotabato, we aim to utilize clean energy to benefit power users in these places and the rest of Mindanao,” Manuel Orig, first vice president for Mindanao Affairs of APC, said earlier during the press conference in July.

On the proposal to build hydropower plants in the province, the provincial government said the proponents would need $190 million or P828 million worth of investment.

The proposed project in Digos which would cost P144 million, for instance, will tap the surface water at Tiguman.

Based on the project description of the proposal, it is aimed to “generate 8 MW clean energy to feed grid of power generated from hydro turbine utilizing surface waters and converting into power generation to help power outages in Mindanao.”

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