MANILA, Philippines - The Department of Energy (DOE) has issued certificates of endorsements (COE) to 50 projects as of end-August this year.
Of the 50, there are 34 renewable energy projects, nine diesel-fired plants, four natural-gas fired facilities, one coal-fired plant and one co-generation power facility, data from the DOE showed.
Of the renewable energy projects, 19 are hydropower projects, nine are solar projects, three are wind projects, and three are biomass projects.
Data from the DOE also showed 32 companies and the Provincial Government of Ifugao were awarded the COEs as of end-August 2015.
These companies are Nickel Asia Corp., UHPC Bukidnon Hydro Power I Corp., Victorias Milling Company, SPC Power Corp., JG Summit Petrochemical Corp., Energy Development Corp., DMCI Power Corp., Prime Meridian PowerGen Corp., Philippine Solar Farm Leyte Inc., Energy World Corp. Ltd., Hedcor Bukidnon Inc., Raslag Corp., Alman Hydroelectric Power Corp., Alternergy Wind One Corp., Alsons Energy Development Corp., Bukidnonpower Corp., Mirae Asia Energy Corp., Petrowind Energy Inc., Trans-Asia Power Corp., Crystal Sugar Company Inc., Oriental Mindoro Electric Cooperative Inc., Aseagas Corp., Ozamiz Power Generation Inc., PNOC Renewables Corp., Solar Philippines Commercial Rooftop Projects Inc., Total Power Inc., National Power Corp., Sure Eco Energy Philippines Inc., Sure Pep Inc., Krahon Solar Energy Corp., S&B Power Corp. and First NatGas Power Corp.
Among these companies, Alsons Energy has secured the most COEs six hydropower projects in Sarangani, three in Negros Occidental, two in Davao Oriental and one in Zamboanga del Sur.
Meanwhile, the biggest project with a DOE endorsement is Energy World’s 650-megawatt (MW) gas-fired plant in Pagbilao, Quezon, followed by First NatGas’ 450-MW gas-fired plant in Batangas City.
The COE is a requirement for the issuance of Certificate of Compliance (COC) by Energy Regulatory Commission (ERC), which is necessary before any generation company can commence commercial operations.
The COC has a term of five years during which period the generators are required to comply with the terms and conditions set forth in the ERC’s Guidelines for the Issuance of Certificate of Compliance for Generation Companies/Facilities that include reportorial, technical and financial requirements.?