MANILA, Philippines - Peakpower Energy Inc. a joint venture of A Brown Co. Inc., Enterprise Holdings Corp., WorldPower Alliance Ltd. and Power Mavens Holdings Ltd., inaugurated yesterday the 20.9-megawatt bunker-fired power plant of its wholly owned subsidiary Peakpower Soccsargen Inc. (PSI) in General Santos City.
The 3 X 6.9-MW power plant is located within the compound of South Cotabato II Electric Cooperative (Socoteco II) and will supply the peaking power requirements of the cooperative for the next 15 years, the company said.
The cooperative supplies electricity to General Santos City and to the municipalities of Glan, Malapatan, Alabel, Makungon, Kiamba, Maasim and Maitum in Sarangani and the municipalities of Polomolok and Tupi in South Cotabato.
During yesterday’s inauguration, Peakpower president Roel Castro said the power plant would help address the energy shortfall in the province.
“We embarked on projects like these to address the shortfall in the supply of electricity in Mindanao, and we’re very happy to see the hard work of everyone come into fruition here in Peakpower Soccsargen,” he said.
In July, the company held a pre-inaugural event to celebrate the placement and unveiling of the bunker-fired engines provided by global manufacturer Wartsila Finland Oy.
A listed corporation in Helsinki, Finland, Wartsila provides solutions for peaking, reserve and load-following power generation, as well as for balancing intermittent power production.
For his part, Peakpower chairman Walter Brown expressed his gratitude to the residents and local government of General Santos for supporting the project.
“It is the cooperative spirit of the people of General Santos and the stakeholders of Peakpower that facilitated the completion of this project,” he said.
Aside from PSI, Peakpower’s foray into the energy industry includes the 5 MW Peakpower San Francisco power plant in Agusan del Sur, and a prospective 10-MW power plant in Bukidnon. ABCI’s other energy projects include a 2 x 135 MW coal-fired power plant in Concepcion, Iloilo and a 25 MW hydroelectric project in Surigao.