Aboitiz family beefs up RE portfolio with new geothermal plant in Albay

Aboitiz Power Corp. is set to construct a binary geothermal power plant , with a gross capacity of 17 megawatts, in Tiwi, Albay.

“The expansion of our Cleanergy portfolio isn’t solely hinged on acquisitions or the construction of big-ticket projects. At AboitizPower, and within the Aboitiz Group, we always seek ways to optimize available resources. This project is a testament to that,” said AboitizPower president and CEO Emmanuel V. Rubio said.

The Tiwi binary plant will be built from the ground up with an entirely new binary plant system, pipes, and transmission line.

Last April 29, APRI signed an agreement with its steam provider for the supply of brine that will fuel the binary facility. Construction of the project is expected to be completed at the end of 2023.

AP Renewables Inc. president and CEO Jeffrey Estrella said recovering heat from geothermal brine and converting it into electricity increases the overall generation productivity from the Tiwi geothermal facility.

“This project is meant to recycle our by-product and turn it into productive energy in the form of electricity, through the addition of a binary plant. We are always keen on investing in improvements and technical innovations that extend the useful life and improve the output of our renewable energy assets,” he said.

Aboitiz Power acquired the Tiwi-MakBan facilities in 2009.

Samat  cleared to start LNG project in Bataan

Samat LNG Corp. has received the greenlight from the Department of Energy to start the development of a small-scale liquefied natural gas (LNG) receiving terminal and regasification facility in Brgy. Sisiman, Mariveles, Bataan.

CA thumbs down SMC unit’s TRO plea vs ERC order

The Court of Appeals (CA) has denied the petition filed by San Miguel Corp. to nullify the Energy Regulatory Commission’s order rejecting the power rate hike sought by its power subsidiaries and Manila Electric Co. (Meralco).

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