Global energy solutions provider GE is optimistic about the opportunities in the Philippines as power companies begin to realize the importance of new technologies in bringing higher level of efficiencies and less environmental impact.
GE Power regional senior executive for sales Massimo Gallizioli said the company was bidding for a coal project in the Philippines, but declined to identify it because of confidentiality issues.
“The Philippines is a merchant market so it’s a very competitive market, and clearly in the region we are not the only technology. So it’s a very challenging market where all the best technologies are competing and the customer is in the best opportunity to pick the best solution and the best price,” Gallizioli said.
“It’s [Philippines] becoming an important market because it’s going towards the high level of efficiency,” he said.
GE recently turned over the Manjung 4 ultra- supercritical power project which has a generation capacity of 1,000 megawatts to Tenaga Nacional Berhad in Malaysia.
Manjung 4 is the first of its kind in the Southeast Asia. Ultra-supercritical technology is the current gold standard for coal-fired plants anywhere in the world. The Manjung 4 power plant forms part of the 4,100-MW power complex in Perak, Malaysia.