Philippines: Northwind Bangui Bay Project

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This North Wind Bangui Bay Project for Philippines will contribute to the country's development objectives of sustainable economic development through the enhancement of both quantity and reliability of power supply in an environmentally responsible manner. The project components include: the project is located in the foreshore of Bangui Bay in Ilocos Norte Province. The wind farm project, with total cost of US$35.45 million, will comprise: (a) fifteen wind turbines of 1,650 kW rated capacity each, totaling 24.75 MW. Annual energy production is estimated to be about 74.48 GWh at a capacity factor of 34 percent; and (b) construction of a 50 km 69kV overhead transmission line to deliver the power to the switchyard of the offtaker, in Laoag city. The Engineering and Procurement Contract (EPC) of about $31 million for a turnkey installation of power plant, substation and transmission line has been awarded to NEG Micon. Considering the wind farm costs alone, the installed cost is about $1,186 per kW. Counting all project costs, the installed cost is about $1,400 per kW. This is still in the middle of the cost range of recent experience for 25 MWscale wind projects. All power produced will be sold to the Ilocos Norte Electric Cooperative (INEC) through an Electricity Sales Agreement (ESA) signed in 2002. INEC has the exclusive franchise to distribute electricity in the area.