Philippines' EDC to pour $1 billion into geothermal energy storage


Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).

While holding the largest market share, with approximately 60%, of geothermal business in Philippines, EDC plans to invest 1 billion dollars to build battery storage plants in the city of Sorsogon, island of Leyte which next to Cebu, and Negros Occidental With totall output of 40 MW.

EDC collaberates with First Balfour, the construction engineering company, to assisst procurement and construction (EPC) duties for the complete balance of plant (BOP) and transmission grid-related connection assets (CA). And it marks the first-ever battery storage project for the First Balfour.

The world-leading company Fluence Energy will provide the battery storage technology which has built good reputation in the Southeast Asian country. 

Fluence Energy completed 570 MW battery-based energy storage portfolio to SMC Global Power and was ranked NO.1 among the storage system integrators in the world by installed and contracted projects. 

As energy storage is gaining more attention, Philippine president Ferdinand Marcos Jr once said "energy storage as having a vital role to play in the energy infrastructure sector." Beni Suryadi of the ASEAN Centre for Energy called for involvement by regulators in energy storage topics. 

The Philippines has held the 2nd place (after the U.S.) of installed geothermal power generation capacity for many years before being overtaken by Indonesia in 2018. 

But during the 4th Philippine International Geothermal Conference, the Philippines Department of Energy(DOE)Undersecretary Rowena Cristin Guevara revealed that there are a number of projects with a potential combined capacity of 381 MW that are undergoing pre-feasibility studies. She has confidence that the country to regain its spot once these projects have been completed.

Industry predicts a ‘long road’ ahead for hydrogen viability in the Philippines
ACEN forms new partnership for renewable energy project in Indonesia

More from Renewable Energy Certificate

Download request

Please fill out the form to download samples.

Job title
Company email
By using this site, you agree with our use of cookies.