San Carlos BioPower

Expertise

PROJECT SITE

NEGROS OCCIDENTAL, PHILIPPINES

Expertise

CAPACITY

20 MW

Expertise

REACH OF ELECTRICITY SUPPLY

212 000 PEOPLE

Expertise

CO2 REDUCTION

16.480 TONNES P.A.

Landkarte Portfolioreport Web SanCarlos BioPower

Impressions project progress

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Videos

San Carlos BioPower
Groundbreaking, April 2013

Michael G. Airey, ThomasLloyd
Managing Director, CEO Asia Pacific

Juan Xavier Zabaleta, Bronzoak
Philippines, Vice Chairman

Ramon Allan V. Oca, Secretary
Department of Energy Philippines

Project details

Project Special Purpose Vehicle (SPV)	San Carlos BioPower Inc.
Location	San Carlos Ecozone (Agro-Industrial Economic Zone), Circumferential Road, Barangay Palampas, San Carlos City, Province of Negros Occidental, Philippines Coordinates: 10 30 36 N, 123 25 16 E
Technical Specifications	Project site: 210,000 m² Feedstock type: primarely cane trash with some grassy and woody energy crop plants (ECP) Feedstock utilisation: 170,000 tonnes per year Feedstock availability: 1.1 million tonnes per year of biomass are available within a 40 km-radius catchment area Grid connection: To an existing 69 kV substation, 1.5 km away
New permanent jobs	600 in the plant / 2,000 in feedstock production and collection
Supplier/Manufacturer	Boiler: Wuxi Huaguang Boiler (China) Turbine: Harbin Turbine (China) Generator: Shandong Jinan Power Equipment Factory (China) Motors, Transmitters: ABB (Switzerland) Pneumatic Control Valve/Actuator: Nihon Koso (Japan) Boiler Feed Pumps: Sulzer (Switzerland) Gearboxes: Siemens (Germany) Mobile Fuel Shredder: Roto Grind (Germany) Tractors: Massey Ferguson (USA) Forage Wagons, Rotary Rakes: Pöttinger (Austria) V Rakes: Hodge Industries (Australia) Baler: Nantong Cotton Machinery (China)
General Contractor (EPC)	Wuxi Huaguang Electric Power Engineering Co., Ltd.
Operations & Maintenance	Wuxi Huaguang Power Systems (Phils) Inc.
Owner‘s Engineer	Poyry Energy Inc.
Lender´s Engineer	Sargent & Lundy LLC
Electricity Offtake Counterparty	Interconnection Agreement with Victorias-Manapla-Cadiz Rural Electric Service Cooperative Inc. (VRESCO) 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 positive outlook Fitch: BBB- with stable outlook
Specifications of the Power Purchase Agreement	Statutorily guaranteed feed-in-tariff rate of PHP 6.63 (USD 0.15) 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.
Commercial Operations Date (COD) based on EPC contract	Q4 2017

Status: 31.03.2018