Page 10 - AsiaElec Week 05 2021

AsiaElec RENEWABLES AsiaElec

Modern Energy Management to build

250 MW wind farm in Philippines

P SINGAPORE-BASED Modern Energy Man- that make it a solid business case for investors.
agement (MEM) has been appointed as owner’s “These include a high capacity factor and
representative and technical advisor for High- competitive construction cost due to unique
land Infrastructure’s flagship 250-MW wind attributes of the site.
project in the Philippines. “MEM has been very active in the Philippines
Highland closed a $1m non-recourse loan market, so we are very happy to support High-
on 27 January from the Southeast Asia Clean land Infrastructure’s project.”
Energy Fund (SEACEF), which is backed by the The first 40 MW is expected to begin con-
Green Climate Fund, to fund development of the struction in Q2/2022.
project. Douglas added: “Highland Infrastructure
Highland Infrastructure managing director aims to expand on its investor relationships into
Ed Douglas said: “A number of our strongest pro- 2022 as growth across the region continues to
jects have matured well and we are now working pick up pace.
with investors to fund their construction as well “We aim to build 1 GW of investment grade
as further development of our pipeline. projects throughout Southeast Asia over the next
“We consider this 250-MW Philippines wind five years and are working with Modern Energy
project one of our flagship projects and have in a strategic partnership to ensure progress on
appointed MEM as our owner’s representative those projects.
due to their unique experience delivering invest- “MEM has a strong track record of develop-
ment grade projects in the region.” ing, building and operating investment grade
Microsoft, the first large corporation to con- projects throughout the region.”
tribute capital to SEACEF, is also now providing To meet the Philippines’ objective to increase
support from its own $1bn Climate Innovation its renewable energy-based capacity to 15,304
Fund into SEACEF. MW by 2030, the country’s National Renewable
In 2020, SEACEF approved three projects Energy Program (NREP, 2011-2030) includes a
that represent over 1 GW of renewable energy goal of adding a total of 2,345 MW of commis-
capacity, of which the Highland Infrastructure sioned wind capacity with a secondary goal of
Philippines project is one. reaching wind grid parity in 2025.
MEM managing director Aaron Daniels said: As of 2019, the wind capacity of the Philip-
“We believe this project is a good fit for High- pines was 427 MW.™
land’s growth plans, with competitive attributes

Siemens Gamesa secures 100-MW

offshore order from Vietnam

VIETNAM SIEMENS Gamesa is to build the 100-MW presence in Vietnam to ensure that we produce
Tra Vinh Dong Hai 1 wind farm in Vietnam, the the best solutions available to help our valued
country’s largest nearshore facility to date. customers accelerate the development of wind
The project will feature 25 SG 5.0-145 and energy in the country.”
will be built offshore Tra Vinh Province. The project is bigger that the 78-MW Hiep
The Tra Vinh Dong Hai 1 wind farm is being Thanh wind farm in Tra Vinh Province, for
developed by Trungnam Group, which is mov- which Siemens Gamesa won a turbine supply
ing into the offshore wind sector from its base in contract in 2020.
the solar and onshore wind sector in Vietnam. The 78-MW Hiep Thanh wind farm is Sie-
Siemens Gamesa has also signed a mens Gamesa’s fifth nearshore project in Viet-
20-year long-term contract to provide operation nam, and confirms the company as one of the
and maintenance services for the project, ensur- largest players in the Vietnamese nearshore
ing turbine and farm performance and maxim- segment.
ising the business case for the customer. As well as the Tra Vinh Dong Hai 1 and
Paulo Soares, CEO of Siemens Game- Hiep Thanh wind farms, Siemens Gamesa has
sa’s Onshore business unit in Asia-Pacific, also supplied turbines to 174 MW of nearshore
stated: “We are investing to grow our team and capacity, making it one of the largest players in

P10 www. NEWSBASE .com Week 05 03•February•2021