Corporate News

Bronzeoak PHL breaks ground for new plant

Posted on April 08, 2016

BRONZEOAK Philippines has broken ground for a 25-megawatt (MW) biomass power plant in La Carlota City, Negros Occidental in partnership with German company ThomasLloyd Group Ltd., the clean energy developer said in a statement on Thursday.

The project is expected to supply baseload power to the local grid and deliver 175,000,000 kilowatt hours of electricity per year. It is also forecast to provide 2,500 jobs during construction, and at least 500 long-term employment for skilled workers.

“As the country’s need for growth and demand for reliable energy continues, with the continued support of our partners, we will develop the infrastructure needed to meet those targets,” Jose Maria P. Zabaleta, president of Bronzeoak Philippines, was quoted in a statement as saying.

The plant, which is scheduled for operation in 2018, is the second biomass power plant put up by the company. The first one is under South Negros BioPower, Inc. in the eastern side of the island, which will start operating in 2017.

“All credit is due to the local governments and communities, the investors, and the hard working people that have made these a reality,” Mr. Zabaleta said.

Bronzeoak Philippines’ latest renewable project was announced during the inauguration this week of four solar farms on Negros Island that it developed with partners. In late February and early March, it completed the projects with a capacity of 98 MW. -- Victor V. Saulon