spot_img
26.4 C
Philippines
Sunday, March 30, 2025
26.4 C
Philippines
Sunday, March 30, 2025

Study confirms potential of 50-MW Mabini wind project

Estimated reading time: 1 minute and 48 seconds
16px

Basic Energy Corp. (BSC) said Wednesday it completed its wind resource assessment (WRA) which confirmed a potential initial capacity of 50 megawatts for its proposed Mabini wind project in Batangas province.

BSC said in a disclosure to the stock exchange it achieved a significant milestone in the development of the Mabini Wind Power Project managed by subsidiary RDG Wind Energy Corp. (RWEC), formerly Mabini Energy Corp.

- Advertisement -

It said RWEC completed its WRA, receiving a comprehensive, bankable report along with an annual energy production (AEP) analysis and wind turbine generator (WTG) micrositing study from its international consultants.

The WRA aims to determine the area’s wind resource viability and identify optima WTG for the project.

BSC said the milestone follows the completion of wind data collection in May 2024, using both a 120-meter met mast and a LiDAR (Light Detection and Ranging) system.

“The combination of these technologies has provided highly accurate and reliable wind data for the Mabini, Batangas site. The WRA results indicate excellent wind conditions for developing a wind power plant with an inital capacity of 50 MW, which is expected to generate approximately 250 giwatt-hours annually, utilizing the latest wind turbine technology,” the company said.

The micrositing study also revealed significant potential for future capacity expansion at the site.

RWEC also obtained approval from the Naonal Grid Corp. of the Philippines (NGCP) for its system impact study (SIS), allowing the project to proceed with plans for grid interconnection and power delivery.

RWEC holds the Mabini wind energy service contract with the Department of Energy (DOE) and is conducting feasibility studies, along with preliminary engineering and design work for Mabini wind project, which is expected to be completed and commissioned by early 2028.

The service contract for the project has a land coverage area of 4,860 hectares in the Mabini Peninsula.

BSC announced in April last year it signed the joint development and shareholders agreement (JDSHA) with Japanese renewable energy firm RENOVA Inc. for the P4.5-billion Mabini wind power project

“This project is a testament to Basic Energy’s commitment to sustainable development and environmental stewardship, setting the stage for a more sustainable and prosperous future,” the company said earlier.

LATEST NEWS

Popular Articles