Filipino firm targets 800-MW RE capacity expansion
Filipino firm Juxtapose Ergo Consultus Inc. (JECI) is eyeing 800-megawatt capacity expansion that will usher in its shift into renewable energy (RE) technologies and with its plan to re-focus investments across off-grid areas.
Project-sponsor firm JECI serves as the management company of Palm Concepcion Power Corporation (PCPC) and Peakpower Energy Inc. (PEI), both affiliated companies of publicly listed firm A. Brown Inc. chaired by businessman Walter Brown.
According to Nicandro Fucoy, president of PCPC and PEI, the company targets to provide “more sustainable solutions by setting the future direction of the company with focus areas on renewable energy technologies, off-grid, and Small Power Utilities Group (SPUG) power supplies.”
The SPUG areas comprise of the domain managed by state-run National Power Corporation (NPC), wherein it is also encouraging the deployment of hybrid RE and conventional technology solutions to end the blackout-predicaments of consumers in these areas.
RE technologies or the hybrid solutions are seen as feasible power supply fix in these off-grid realms, not only to promote cleaner tech deployments but to also gain traction on long-term goal of reducing power costs being paid for by ratepayers in these domains.
The propounded rollout of the 800MW capacity expansion of JECI will be until year 2030 – or at least eight years of project developments from its take-off period this 2022.
The group’s initial corporate vehicles for power generation projects had been able to concretize aggregate capacity of 190 megawatts – and these are now the operating facilities of PCPC which is its 135MW coal-fired power plant in Iloilo; as well as the 55MW diesel-fired PEI power generating facility in Mindanao.
Fucoy noted “we may be small but we are determined to grow our generation assets, and more so, our people are motivated in our mission to power the powerless.”
JECI said it will be leaning on three key strategic drivers when it comes to concretizing its blueprinted expansion ventures – and these are anchored on: sustaining operational efficiencies; integrating people, processes, and systems; as well as expanding business portfolios.
In particular, the company emphasized that it will be “exploring renewable energy projects that are competitive in the market,” and it is also “intent on establishing other niche markets such as off-grid and embedded generation.”
The JECI executive further asserted that the company will use "experience in developing and operating power facilities" to bring to commercial fruition the next pipeline of its power plant investments.