The Department of Energy (DOE) will be bidding out 20 pre-arranged locations, with a total renewable energy capacity of 247.98 megawatts (MW).
A report by the Manila Standard revealed that the 20 locations would include three geothermal areas for private sector development and would also include a 40-MW Mabini geothermal plant located in Batangas, 100 MW Buguias-Tinoc geothermal project in Ifugao, and the 20 MW Mt. Sembrano geothermal project in Rizal and Laguna.
The energy department is also offering 14 hydro areas which include the following capacities: 4.2 MW for Sibalom, 5 MW for Tinoc 4 hydro, 15 MW for Main Aklan hydro, 16.2 MW for Alilem hydro, 1 MW for Davildavian River hydro, 4.5 MW for Sawaga hydro, and 0.5 MW for Basak II hydro.
The remaining 7 hydro areas have capacities as follows: 5.65 MW for Canayan Hydro, 7 MW for Three Rivers Hydro, 16.3 MW for Carac-an Hydro, 3 MW for Catuiran Hydro, 4 MW for Ruparan Hydro, 1.71 MW for Baua Hydro, and 3.6 MW for Langaran hydro.
Furthermore, four wind projects are on the lineup including Pantabangan Wind in Nueva Ecija, Bagac Wind Power in Bagac, Bataan, and San Jose Wind in Nueva Ecija all with capacities yet to be decided.
The applications for bidding would be determined based on the technical qualification, work program, and financial qualification. The applicants who meet the requirements will be selected.
The submission deadline for OCSP 4 is on August 29 at 11 am with the bid following at 12 in the afternoon.
Energy Undersecretary Rowena Cristina Guevara said that OCSP 4 is an investment promotion system where areas being looked into for RE development are offered to private investors.