Triconti ECC Renewables Corp., a joint venture of local company Triconti Elements Corp. and Corporate Energy of Germany, is developing a 75-megawatt wind project in Nabas, Aklan which is expected to be completed by 2020.
Theo Sunico, Triconti ECC vice president for operations, said the company was also looking at an additional 300 MW of wind projects under development.
“Our pipeline is by 2021, we want to focus on Nabas. But then, in terms of our pipeline under development, it’s between 200 to 300 MW maybe until 2025. Those are all wind,” Sunico said.
The company owns service contracts for wind projects in Batan, Aklan; Ivisan, Capiz; Anda, Bohol; and Ubay, Bohol.
Sunico said the company had not yet signed power supply agreements with offtakers because the market was still monitoring regulatory developments.
The company decided to pursue wind projects due to the need for mid-merit load generation in the Visayas.
