Corporate News

Six hydropower projects cleared

Posted on March 20, 2014

HYDROTEC Renewables, Inc. has secured environmental clearance for six hydropower projects with a total capacity of 25 megawatts (MW) that will be built along the Marikina River, a company official said yesterday.

“We received the Certificates of Non-Coverage (CNC) for the first batch of our hydro projects,” Hannes Mueller, company director, said in a statement.

Mr. Mueller said that the certificates issued by the Department of Energy should be proof that the company’s projects would not hurt the environment.

“Therefore, a so-called Environment Compliance Certificate -- for which lots of different studies have to be done and which is very costly and time consuming -- is no longer needed for our hydro projects,” the Hydrotec official said.

In a follow-up phone interview, Mr. Mueller said the certificates issued cover six hydro power projects.

“These projects have total capacity of 25 MW and will be located along Marikina River and its tributaries. We expect two more CNCs,” he said.

Last January, Hydrotec said it plans to invest up to P2.7 billion to develop eight projects with a combined capacity of 30 MW in Luzon.

Six of these will be located in the province of Rizal -- two in Antipolo City, three in the municipality of Rodriguez and one in San Mateo. The remaining two will be built in Marikina City.

Hydrotec had said it already conducted site preparation and that it expects completion by 2016.

“The electro-mechanical equipment like hydro turbines, generators, control boards, hydrological equipment will be manufactured in Germany, which guarantees highest efficiency and a lifetime of over 50 years,” Mr. Mueller added.

Hydrotec is a Philippine-based firm composed of German and Filipino investors. It is a member-company of the German-Philippine Chamber of Commerce and Industry, according to the same official. -- Claire-Ann Marie C. Feliciano