Techpreneur Leandro Leviste-led Solar Philippines won most of the contracts in the recently concluded Green Energy Auction Program of the Department of Energy.
Solar Philippines bagged 91 percent of all solar capacity auctioned by the government with its bid totaling 1,350 MW out of the 1,490 MW solar capacity auctioned last June 17.
It also won 70 percent of the capacity out of the 1,966 MW auctioned across all technologies, with its total bid of 1,380 MW.
“The winning bidders were ranked based on their offers from the lowest to the highest bid price and stacked corresponding to the respective RE technology per grid,” DOE said in its notice of award.
The Green Energy Auction -Bids Evaluation and Awards Committee (GEA-BEAC) evaluated bids using the terms of reference and auction round procedures for the first Green Energy Auction Round.
Solar Philippines’ winning bids include the 200 MW Concepcion Tarlac 2 solar project, 280 MW Santa Rosa Nueva Ecija 2 solar project and 450 MW Tayabas solar project, 300 MW Kananga-Ormoc Solar Power project, 120 MW General Santos Solar and 30 MW Calatagan wind project also won in the auction for wind capacity.
For hydro capacities in Luzon, the winning bidders are Cordillera Hydro Power Corp.’s 60 MW Kapangan hydro project and Hedcor, Inc.’s 20 MW Sablan hydro project.
The winning bids for solar capacity in Luzon are PAVI Green Rnewable Energy, Inc.’s 40.4 MW PAVI Green Naga solar project and Green Energy Solutions Inc.’s 99.98 MW Talugtug solar project.
For wind capacity in Luzon, DOE awarded the capacity to Amihan Renewable Energy Corp.’s 70 MW Caparispisan II wind project, Bayog Wind Power Corp.’s 160 MW Balaoi and Caunayan wind project and CleanTech Global Renewables, Inc.’s 100.8 MW Kalayaan 2 wind project.
Petrowind Energy, Inc.’s 13.2 MW Nabas 2 wind project won the bid to supply wind capacity in the Visayas, while Philnewriver Power Corp.’s hydro projects, namely the 3.7 MW Malitbog hydro project and 3.7 MW Silo-O hydro projects, 4.85 MW Mat-I hydro project, and 6.9 MW Clarin hydro project were awarded for hydro capacities in Mindanao.
Cotabato Sugar Central Company, Inc. will supply 3.4 MW of biomass power in Mindanao.
ERC set the auction prices at P3.6779 per kilowatt-hour for solar, P6.0584 per kWh for wind, P5.0797 per kWh for biomass, and P5.4913 per kWh for run-of-river hydro.