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NABAS WIND FARM GETS ERC APPROVAL



In a decision dated August 17, 2015 and released yesterday, the Energy Regulatory Commission (ERC) approved the Certificate of Compliance (COC) for the 36 MW Nabas Phase-1 Wind Power Project. The facility is owned and operated by PetroWind Energy Inc. (PWEI) which invested P4.5 Billion to develop the facility, making it the single biggest investment in Aklan province and largest renewable energy facility in Panay island, to date. PWEI is a joint-venture firm owned by Singapore-based CapAsia Asean Wind Holdings Cooperatief U.A. (40%), EEI Power Corporation (20%), and PetroGreen Energy Corporation (PGEC) (40%). PGEC is a 90% subsidiary of PetroEnergy Resources Corporation.

The COC approval means that PWEI has complied with all the technical, equipment, financial, organizational, and manpower requirements to operate the wind farm. It also means that the ERC has accepted the Department of Energy’s proposed June 10, 2015 commercial operations date (COD) for the facility. This regular COC will be amended by a COC-FIT which will be issued later once the ERC decides on the FIT rate for the second batch of wind farms, including Nabas, Pililla, and Guimaras.

The Nabas facility, comprising 18 wind turbine generators (WTGs) made by Spanish firm Gamesa Eolica S.L. Unipersonal, started providing clean power to the Visayas grid on March 24, 2015 from 8 WTGs at the start of its commissioning tests. Testing of the remaining 10 WTGs were completed on June 9.

PWEI Executive Vice President for Operations, Francisco G. Delfin Jr. declared, “Since March 24, PWEI has contributed over 15,000 MWh of electricity to the Visayas grid, making Aklan province the center of clean and renewable energy generation in Panay island. As important, this ERC approval formalizes PWEI’s and our parent company’s status as a power generation entity. PWEI looks forward to higher production of clean and renewable energy from Nabas as we enter the high wind season this third quarter of 2015.”