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Bacolod City, Philippines Tuesday, October 8, 2013
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Launching of
3 power plants set


The groundbreaking of a commercial solar plant and the launching of two other power plants are set in San Carlos and La Carlota cities this week, Jose Maria Zabaleta, chairman of the firms undertaking the projects, said yesterday.

The launching of the P3.5 billion San Carlos Biomass Power Plant and the groundbreaking of the first commercial solar plant will be held in San Carlos City 9 a.m. on Wednesday

The solar plant that will produce 20 megawatts of power will be built by a company called San Carlos Solar Energy Inc. whose investors are Thomas Lloyd and Bronzeoak Philippines, and will be completed in 2014, Zabaleta added.

Thomas Lloyd is a global investment banking and asset management group dedicated to renewable energy.

Bronzeoak Philippines is a company specializing in renewable energy project development, finance and management.

The San Carlos Biopower Inc., also chaired by Zabaleta, is building the San Carlos Biomass Power Plant that will produce 20 megawatts of power.

Its investors are Thomas Lloyd, Bronze Oak and Wuxi Huaguang of China, and it is expected to be operational by 2015, Zabaleta said.

It is targeted to have 180 on site workers and 140 offsite workers.

On Thursday the South Negros BioPower Incorporated will also launch the 25-Megawatt Biomass Power Plant in Barangay Cubay, La Carlota City, he said.

The P4.7 billion plant is being built in partnership with the group of Bob Cuenca, BronzeOak and Thomas Lloyd, Zabaleta added.

It is expected to be completed by 2016 and to have 200 workers onsite and 250 offsite, he said.*CPG

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