Pepsi to build $8-M biomass power plants in Philippines
01/20/2011
MANILA, Philippines - Softdrinks manufacturer Pepsi-Cola Products Philippines Inc. (PCPPI) will build 2 biomass power plants this year worth $8 million.
The power plants, which will have a combined capacity of 3.4 megawatts, are part of efforts to reduce electricity costs, PCPP commercial director Rendentor Gabinete said.
The plants, which are expected to be completed by June 2011, will cut electricity costs by half.
Japanese-backed Solutions Using Renewable Energy (SURE) will construct the plant in La Union. It will have a 1.2-megawatt capacity and will cost $2.7 million.
US-based Power Source Energy Services, Inc, on the other hand, will build a 2.2-megawatt unit in Cagayan de Oro. It has a project cost of $4.5 million.
Biomass-powered plants utilize agricultural feedstock as fuel. This allows them to be run as base-load plants that can run round-the-clock unlike other renewable energy sources whose output are dependent on the weather.
Unlike a conventional power generator, which produces only electricity, a cogeneration plant allows the production of heat and electricity in one single process, which the company could use in its beverage production.
"When you go into biomass, savings is at 20% to 50%. This will include overhead cost and all other costs including taxes," Gabinete explained.
PCPPI plans to build around 11 biomass power plants in the next 2 to 3 years to complement its manufacturing plants in Cagayan de Oro, Cebu, Bacolod, Davao, Iloilo, La Union, Leyte, Muntinlupa, Naga, Pampanga and Zamboanga.
The power plants, which will have a combined capacity of 3.4 megawatts, are part of efforts to reduce electricity costs, PCPP commercial director Rendentor Gabinete said.
The plants, which are expected to be completed by June 2011, will cut electricity costs by half.
Japanese-backed Solutions Using Renewable Energy (SURE) will construct the plant in La Union. It will have a 1.2-megawatt capacity and will cost $2.7 million.
US-based Power Source Energy Services, Inc, on the other hand, will build a 2.2-megawatt unit in Cagayan de Oro. It has a project cost of $4.5 million.
Biomass-powered plants utilize agricultural feedstock as fuel. This allows them to be run as base-load plants that can run round-the-clock unlike other renewable energy sources whose output are dependent on the weather.
Unlike a conventional power generator, which produces only electricity, a cogeneration plant allows the production of heat and electricity in one single process, which the company could use in its beverage production.
"When you go into biomass, savings is at 20% to 50%. This will include overhead cost and all other costs including taxes," Gabinete explained.
PCPPI plans to build around 11 biomass power plants in the next 2 to 3 years to complement its manufacturing plants in Cagayan de Oro, Cebu, Bacolod, Davao, Iloilo, La Union, Leyte, Muntinlupa, Naga, Pampanga and Zamboanga.
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