Multinational energy solutions company GE Philippines is looking at potential investments in the Philippine energy sector, specifically in hydropower and battery-energy storage.
“We are focusing on renewable energy and gas. We are seeing some hydro. We are trying to see pump storage,” GE Philippines President Jose Emmanuel de Dios was quoted as saying in a BusinessMirror report.
GE can contribute to the Philippines’ goals in renewable energy through the use of wind, hydro, biogas, and solar.
“We hear a lot of people talking about hydro than solar,” he added.
De Dios said the company’s equipment can start-up from idle to full in 60 seconds, for up to 500 MW when it comes to hydro pumped storage power.
Out of the 320 GW hydro capacity installed globally, GE takes up 25 percent global installation of hydropower.
Aside from hydropower technology, the company is also planning to pioneer 4-megawatt (MW) battery-energy storage in the Philippines.
“We’re looking to pilot a four megawatt-hour (MWh) battery energy storage in the Philippines and other Southeast Asian countries as well as Australia,” he was quoted in a Philippine Star report.
“We are seeing interest in the region,” he added.
GE equips the world’s largest installed 48 GW base of pumped storage plants.
GE provides customers with hydro solutions tailored to the needs of the project using cutting-edge digital technologies. The company’s hydro plants can also store and deliver power to the grid with unmatched flexibility and efficiency.
The company also provides wind turbines designs to customers to their needs globally.
The Masinloc plant is equipped with GE’s steam turbine and generator.