The company had received PHP2.4bn ($55.5m) loan from Rizal Commercial Banking and Bank of the Philippines in September 2011 to partially fund the project and had officially commenced construction in April 2012.
Touted as the first renewable energy project under the 2008 RE Law, declared commercial by the Department of Energy in 2011, the 20MW project features three components including the steamfield, power plant, and transmission facility.
The company has started tests on the steamfield in the second quarter of 2013 and completed by the third quarter when steam quality and quantity passed, while steam blowing of the power plant was started and completed in August 2013.
The 6km, 69kV transmission line, the third component, was energized with feedback power in mid-September 2013, and subsequently a series of mechanical and electrical tests of the power plant’s main equipment, supplied by Fuji Electric, were carried out.
