Philippines-based renewable energy company Energy Development Corporation (EDC) has commenced the construction of its $300m Burgos wind energy project located in Ilocos Norte.
The company advised that it has issued the notice to proceed (NTP) to its wind farm contractor Demark-based developer Vestas for its 87MW project featuring 29 V90-3.0MW turbines.
In addition, the developer will provide turnkey engineering, procurement and construction (EPC) alongside forging a 10-year operations and maintenance agreement with EDC.
EDC president and COO Richard Tantoco stated that Burgos wind project is a major part of its PHP32bn ($727.2m) investment planned for the year.
“We are proceeding as planned given our fully funded business plan and the proven Vestas technology,” added Tantoco.
“We are pleased to announce that the construction of the BWP will now commence and we are confident that BWP will be the first to achieve commercial operations by 2014.”
The 87MW is the first phase of 150MW wind project, which upon commencement of operations will generate annual clean energy of 233GWh.
“We have geothermal and hydro generation and with Burgos, the three technology platform will be complete. Now that we have honed our skills to develop a viable wind project, we intend to add an additional 21 units of 3 MW wind turbine generators to bring Burgos Wind Project’s capacity up to 150 MW,” Tantoco revealed.