TEPCO-Marubeni JV eye 10 Philippine RE sites

The TEPCO and Marubeni joint venture is exploring 10 renewable energy projects in the Philippines.

“We are looking at some mini-hydro projects in the North. There are also other renewable energy projects in the pipeline,” said Federico E. Puno, president of TeaM Energy, the JV firm.

The sites it has been evaluating for prospective RE projects include those for mini-hydro in San Juan, La Union; Tabuk-Kalinga; Tuba-Benguet; and Mountain Province.

The larger-scale hydro targets are in Tuba, Benguet’s site at the tailings pond of Philex Mining Corporation. Incidentally, the company is currently a capacity off-taker (buyer) of TeaM Energy’s excess capacity in the Sual plant. The rest of the hydro prospects are in various sites in Luzon and Visayas.

Geothermal developments, according to the company chief executive, are eyed for the sites being evaluated in Mountain Province and Mount Natib in Bataan Daclan, also in Benguet province.

The company has listed two biomass sites being studied in Unisan, Quezon and San Ildefonso, Bulacan.

Site inspection, meanwhile, has already been conducted at the Philex tailings pond, with findings pointing to the need for “massive” modifications for the pond. The miner has reportedly “reiterated interest” in a partnership.

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