North Negros BioPower

Project site

PROJECT SITE

Negros Occidental, Philippines

Capacity

CAPACITY

25 MW

 

Reach of electricity supply

REACH OF ELECTRICITY SUPPLY

265,000 people

CO2 reduction

CO2 REDUCTION

20,600 tonnes p.a.

Impressions of the project

Project details

Project Special Purpose Vehicle (SPV) North Negros BioPower Inc.
Location Agro-Industrial Land, Barangay Sta. Teresa, Municipality of Manapla, Province of Negros Occidental, Philippines
Coordinates: 10° 56’ 30.87“ N, 123° 10’ 20.42“ E
Technical Specifications 24.99 MW biomass plant (electricity production from agricultural waste)
Project site: 252,900 m²
Feedstock type: primarely cane trash with some grassy and woody energy crop plants (ECP)
Feedstock utilisation: 244,000 tonnes per year
Feedstock availability: 2.1 million tonnes per year of biomass are available within a 50 km-radius catchment area
Grid connection: To an existing 69 kV transmission line, 0.10 km away
Reach of Electricity Supply 265,000 people
New permanent jobs 675 in the plant / 2.500 in feedstock production and collection
Supplier/Manufacturer Boiler: Jinan Boiler Group Company Ltd (China)
Steam Turbine: Siemens (India)
Generator: TBC
Motors, Transmitters: TBC
Pneumatic Control Valve/Actuator: TBC
Boiler Feed Pumps: TBC
Gearboxes: TBC
Mobile Fuel Shredder: TBC
Tractors: Massey Ferguson (USA)
Forage Wagons, Rotary Rakes: Pöttinger (Austria)
V Rakes: Hodge Industries (Australia)
Baler: Nantong Cotton Machinery (China)
General Contractor (EPC) Poyry Energy Inc.
Operations & Maintenance Poyry Energy Inc.
Lender’s Engineer Sargent & Lundy LLC
Electricity Offtake Counterparty Interconnection Agreement with Northern Negros Electric Cooperative (NONECO) Renewable Energy Purchase Agreement with National Transmission Corporation (Administrator of the government backed Feed-in Tarif Fund)
Credit Rating Electricity Offtake Counterparty Standard & Poor’s: BBB+ with stable outlook Moody‘s: Baa2 with stable outlook Fitch: BBB with stable outlook
Specifications of the Power Purchase Agreement (PPA) Statutorily guaranteed feed-in-tariff rate of PHP 6.59 (USD 0.13) per kWh plus an annual escalation in electricity prices to account for inflation and exchange rate fluctuations. The rate has been set and approved for 20 years by the Government‘s Energy Regulatory Commission.
Status In full operation since January 2020
South Negros BioPower
29. November 2015

Status: 31/08/2020

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