Peakpower eyes 70-MW more of peaking capacity
Peakpower Energy Inc. (PEI) is looking to add another 70 megawatts (MW) of peaking capacity next year after completing 55 MW in Mindanao this year.
The company sees a potential of developing another 60-70 MW of peaking plants in Luzon, Visayas and MIndanao next year, PEI president and CEO Roel Castro said.
However, he declined to disclose the locations of the project as the company has pending power supply contracts.
This year, the company will finish all itd expansion projects, bringing the total peaking capacity in Mindanao to 55 MW.
Castro said Peakpower Soccsargen Inc. (PSI) has secured a provisional certificate of compliance (COC) for the 13.9-MW expansion of the existing 20.9-MW Diesel/Bunker-Fired Power Plant in General Santos City.