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Philippines

Philippines

Vestas signs 87MW Philippines deal

PHILIPPINES: Vestas today announced it has signed a turbine supply deal for a project in the northern Philippines totalling 87MW.

The project will use Vestas' V90 turbine
The project will use Vestas' V90 turbine

Filipino state-run Energy Development Corporation (EDC) has ordered 29 Vestas V90 3.0MW turbines for its project in Burgos, Ilocos Norte province.

The deal includes installation and commissioning of the units, as well as a ten-year service contract. Commissioning for the project is scheduled for the second half of 2014.

Vestas was named the preferred supplier for the deal in March and the company said today it had been working closely with EDC on developing the Burgos project over the past two years.

"The Burgos order is the result of a very fruitful co-operation between EDC and Vestas," said Jens Tommerup, president of Vestas Asia Pacific & China.

Once operational, the Burgos wind power plant will produce around 233,000MWh of electricity per year.

Since 2010, operational wind capacity in the Philippines has remained at 33MW. However, in mid-2012 the state-run Energy Regulatory Commission (ERC) finally approved feed-in tariff (FIT) rates for wind, biomass, solar and hydroelectric. The wind FIT is PHP 8.53/kWh ($0.21/kWh).

Implementing FIT rates should start to get the Philippines' wind industry moving. The government is targeting 200MW of wind between 2013 and 2015, although the earliest project will be not be completed until mid-2014.

The Philippines' only wind power plant in operation at the moment was completed in 2008 and comprises 20 Vestas V82-1.65MW turbines.

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