South Negros BioPower
South Negros BioPower is a biomass power plant project in La Carlota City, Negros Occidental province in the Philippines. The project will construct a biomass power plant using as fuel waste generated from the harvesting and processing of sugarcane, supplemented by grassy and woody energy crops. The South Negros BioPower stand-alone base-load power plant has a gross power generation capacity of 25 MW and generates 185 million kWh annually. This is equivalent to the energy consumption of around 191,000 people in the region.
OVERVIEW
-
LOCATION
Philippines
-
PROJECT SITE
300,000 ㎡
-
CAPACITY
25 MW
ESG PROFILE
-
CONSTRUCTION JOBS CREATED
(average during construction period) 658 -
NEW PERMANENT JOBS CREATED
646
-
ELECTRICITY REACH (people)
191,193
-
CO2 AVOIDED (tonnes p.a.)
122,142
UN SDGs (directly supported)
Project Videos
Project details
| Project Special Purpose Vehicle (SPV) | South Negros Biopower Inc. |
|---|---|
| Location | Agro-Industrial Land, National Highway, Barangay Cubay, La Carlota City, Province of Negros Occidental, Philippines Coordinates: 10 25 23.32 N, 122 56 13.11 E |
| Technical Specifications | Feedstock type: primarily cane trash Feedstock utilisation: 244,000 tonnes per year Feedstock availability: 1.4 million tonnes per year of biomass are available within a 50 km-radius catchment area Grid connection: to the existing 69 kV substation in San Enrique, 8 km away |
| Supplier/Manufacturer | Boiler: Jinan Boiler Group Company Ltd (China), Steam Turbine: Siemens (India), Generator: Siemens (India), Transmitters: for bidding, Gearboxes: Siemens (India), Distributed Control System: Yocogawa, WaterTreatment Plant: Aquagen, Fuel Handling System: GES, Tractors: Massey Ferguson (USA), Forage Wagons, Rotary Rakes: Pöttinger (Austria), V Rakes: Hodge Industries (Australia), Baler: Nantong Cotton Machinery (China) |
| General Contractor (EPC) | Pöyry Energy Inc. |
| Operations & Maintenance | Pöyry Energy Inc. |
| Lender’s Engineer | Sargent & Lundy LLC |
| Electricity Offtake Counterparty | Interconnection Agreement with Negros Occidental Electric Cooperative Inc. (NOCECO) Wholesale Electricity Supply Market of the Philippines (“WESM”) managed by a government agency |
| Credit Rating Electricity Offtake Counterparty | Standard & Poor’s: BBB+ with stable outlook, Moody’s: Baa2 with stable outlook, Fitch: BBB with stable outlook |
| Status | In operation. |
Status: 30/06/2022
Thomaslloyd is a Signatory to the Principles for Responsible Investment (PRI)
and other Key Responsible Investment Initiatives
ThomasLloyd is committed to investing responsibly. We believe that the integration of material environmental, social and governance (ESG) factors into our investment process is a core part of our fiduciary duty to act in the best interests of our clients and their beneficiaries. To formally incorporate and systematically integrate ESG factors therefore in this process, we have developed a Socially Responsible Investment Policy, Methodology and Framework.
