Aboitiz Power Corporation, through its subsidiary AP Renewables, Inc. (APRI) is looking to add around 17 megawatts (MW) through a binary geothermal power project in Tiwi, Albay.
In a Manila Bulletin report, APRI said that the binary geothermal power plant will be utilizing the excess heat from the spent brine at the Tiwi geothermal facility. This, in turn, would increase the overall generation productivity of the facility, APRI president and CEO Jeffrey Estrella said.
Through this project, AboitizPower is meant to recycle the byproduct of the Tiwi geothermal facility and convert it “into productive energy in the form of electricity, through the addition of a binary plant.”
The power plant, which will boost AboitizPower’s “Cleanergy” portfolio, will be built with a new binary plant system, pipes, and transmission line. The company added that it has signed an agreement with its steam provider for brine supply.
The geothermal plant is targeted for completion by the end of 2023. Upon full operation of the power plant, AboitizPower said that it will be connected to the Luzon Grid.
In 2021, Aboitiz Power said that it will be investing Php 190 billion in the next decade in order to add 3,700 MW to its renewable energy portfolio to help reach its 50:50 balance in its portfolio.
Over the next three years, AboitizPower will be developing 721 MW worth of RE projects as part of its growth strategy.