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Hot Off the Press

The official newsletter of Green Heat




DOE sets sustainability, security goals for 2015

By Iris C. Gonzales

January 4, 2015



Toward this end, he said the DOE has hastened renewable energy (RE) development with its policy issuances on milestone approach for the awarding of service contracts, the first-come-first-served approach in the feed-in tariff (FIT) allocation, and the recommendation for increased FIT installation targets for solar to 500 megawatts.

The FIT is a scheme whereby renewable energy companies are given incentives. Under the FIT system, renewable energy companies are entitled to the following rates: P9.68 per kwh for solar power, P8.53 per kwh for wind and P5.90 per kwh for run-of-river hydroelectric power.

"As a result, 2014 was a banner year for RE with the commissioning of large-scale power plants throughout the country for solar such as the 22 MW San Carlos solar power project in Negros and wind power plants in Ilocos Norte," Petilla said.

These are the 33-MW Northwind power project, 150-MW Burgos wind power project, and 81-MW Caparispisan wind power project; and 54-MW San Lorenzo wind power project in Guimaras.

These projects have helped put total installed capacity of renewable energy at 5,396.82 MW.

"At the same time, the DOE has also awarded a total of 638 RE projects with a total potential capacity of 10,068.031 MW," Petilla said.

To further extend the campaign on RE utilization, Petilla said the DOE also spearheaded the installation of solar rooftop facilities in several academic institutions such as La Consolacion College of Manila, Manuel Luis Quezon University and St. Scholastica's College of Manila.


Source: www.philstar.com