Gov. Alfredo Marañon Jr. yesterday said the P2.5 billion German investment in an 18-megawatt power plant in San Carlos City and the plan to build two more in Negros Occidental is very good for the province.
“This is very good for the province and very good for our economy,” Marañon said, pointing out that the province, that is faced with a power shortage, needs its own plants.
Energy Secretary Jose Rene Almendras has warned that Negros Occidental could face a serious power shortage by 2014 to 2015 if it does not start building its own power plant starting this year.
The DOE has projected that by 2015 Negros will have a power deficit of 93 megawatts, Cebu 248 megawatts and Bohol 44 megawatts.
German investors are bringing in P2.59 billion ($60 million) in investments into the San Carlos BioPower Inc. 18-megawatt biomass plant to be built in the San Carlos City ecozone starting next year, Jose Ma. Zabaleta, chairman of BronzeOak Philippines and SCBioPower, said Monday.
Bronzeoak Philippines is the proponent of San Carlos BioPower that aims to provide sustainable power to the local grid from renewable sources of energy on completion of its San Carlos plant in late 2013.
Zabaleta said the Germans investors are also looking into investing in two other 18-megawatt biomass plants possibly in the Cadiz and Bago areas, provided there is available agricultural residue biomass, noting that each plant will need about 160,000 tons of it.
Marañon said biomass powered plants are labor intensive so they will also be good for local employment.
“We will also make money from agricultural waste that we have just been burning all these years,” he said.
“And we will be producing renewable, sustainable and clean energy,” the governor added.*CPG