Monday, January 20, 2025

Local

MinDA, French group ink partnership on energy investments

0

Central Mindanao Newswatch - local newspaper

Share this post?

DAVAO CITY – The Mindanao Development Authority (MinDA) and a French energy firm signed a partnership on Friday for the Olutanga Hydrogen Renewstable power plant project, the first of its kind in the Philippines and Southeast Asia

Hydrogène de France (HDF) Energy, the provider of Renewstable energy systems, vowed to produce entirely non-intermittent, firm, and clean electricity both in Zamboanga Sibugay province and Pagadian City.

In a press briefing here, HDF Energy Head of Asia Business Development Mathieu Geze said the project combines an intermittent renewable source and mass, long-term storage of energy through a hydrogen chain.

He described the initiative as the “green alternative” to a classic diesel fuel power plant as it only uses solar energy and water to produce stable electricity, thereby avoiding greenhouse emissions, noise, and air pollution.

Expected to be operational in two years, he said the project can provide as much as 45-megawatt power depending on the requirement of the area.

The project would position the towns of Olutanga, Talusan, and Mabuhay (OLTAMA) as pilot sites for green energy sources.

As a remote island, Olutanga town in Zamboanga Sibugay is lacking stable electricity supply.

Renewstable’s unique feature is its ability to serve baseload power, which is powered thoroughly by renewable energy,” Geze said.

With more than US$50 million in project cost, he said it would surely help in terms of job generation in the area.

“There is no negative impact on the environment,” Geze assured.

Power crisis

As a project counterpart, Zamboanga Sibugay Governor Dulce Ann Hofer said they are allocating a 40-hectare of land for the venture.

She also expressed optimism that the project would help OLTAMA solve its current power woes.

“OLTAMA is suffering in terms of energy. All their appliances cannot withstand the fluctuating power because we are far from the grid,” Hofer said.

She said that being chosen for the project is a “game changer” for the province.

Power sources

Meanwhile, MinDA Chairperson Secretary Maria Belen Acosta noted that Mindanao’s current energy sources are from fossil fuel (70 percent) and renewable or green energy (30 percent).

“We are trying our best to hit the target of a 50/50 mix of energy up to 2023. So far, we might hit not just 50/50 [more than that] because of this development,” she said.

Acosta bared that HDF is targeting 10 more sites in Mindanao for renewable energy projects. (Che Palicte/PNA)

 

Related Post

MISAMIS ORIENTAL – The Commission on Elections (COMELEC) announced that the number of registered voters in Northern Mindanao has surpassed 3 million, covering the provinces of Bukidnon, Lanao del Norte, Misamis Occidental, Misamis Oriental, and Camiguin. Misamis Oriental leads with over 1 million voters Atty. Carlito Ravelo, Misamis Oriental’s Provincial Election Supervisor, highlighted that Region...
CAGAYAN DE ORO CITY – The Philippine Statistics Authority (PSA)-10 reported that the headline inflation rate in Northern Mindanao for December 2024 was 2.6 percent, down from 4.8 percent in December 2023 and 2.7 percent in November 2024 PSA-10 Regional Director Janith Aves attributed the slowdown mainly to lower inflation in food and non-alcoholic beverages,...
MALAYBALAY CITY, Bukidnon — The Department of Agriculture – Northern Mindanao (DA-10) is enhancing its support for indigenous peoples (IPs) in Bukidnon province through various agricultural programs and services On January 9, under its Kabuhayan at Kaunlaran para sa Kababayang Katutubo (4K) program, the agency turned over PhP480,000 worth of carabaos to IP groups in...