Aboitiz Power to expand Tiwi geothermal facility with binary plant
The binary power plant is expected to add 17 MW of gross capacity to the Tiwi geotherma facilities operated by AP Renewables Inc.
Aboitiz Power Corporation, through its subsidiary AP Renewables Inc. (APRI), is set to construct a binary geothermal power plant to expand the capacity of the Tiwi geothermal facility by its excess heat. The binary plant will generate an additional 17 MW gross capacity of renewable energy for the grid.
C0nstruction on the binary plant is targeted for completion by the end of 2023. APRI has already signed an agreement with the steam provider for the supply of geothermal brine for the binary facility.
“The expansion of our Cleanergy portfolio isn’t solely hinged on acquisitions or the construction of big-ticket projects. At AboitizPower, and within the Aboitiz Group, we always seek ways to optimize available resources. This project is a testament to that,” said Aboitiz Power President and CEO Emmanuel V. Rubio.
“We are determined to further grow our Cleanergy portfolio in the next 10 years and will pursue every reasonable opportunity to do so,” Rubio added.
Aboitiz Power acquired the Tiwi and MakBan geothermal facilities in 2009 and has since invested in its rehabilitation for performance improvement. Plans for the expansion of both geothermal sites were announced back in 2019.
Source: Newsline Philippines