OFFGRID energy generator DMCI Power Corp. (DPC) reported energy sales of 491.2 gigawatt-hours (GWh) for 2024, a 9% increase from the previous yr, driven by higher demand.
The expansion was also driven by the complete operations of its 15-megawatt (MW) Palawan thermal power plant, which began supplying power to the province in August 2023, the corporate said in a press release on Thursday.
“2024 was a breakthrough yr for DMCI Power as we achieved record-high energy sales and ensured reliable operations across all our plants,” said DPC President Antonino E. Gatdula, Jr.
The corporate said that it goals to expand its installed capability by 27% with 43 MW of projects under development. Inside this pipeline is the 12 MW Semirara Wind Project, the corporate’s first renewable energy enterprise.
Scheduled to start out industrial operations in early 2025, the P600-million project is predicted to generate 32 million kilowatt-hours per yr, in response to Christopher Thomas C. Gotianun, chief business development officer of Semirara Mining and Power Corp., a sister company of DPC.
The wind project is meant to supply renewable energy to support mining operations on Semirara Island.
“DMCI Power will probably be the one owning the asset and supplying power to Semirara,” Mr. Gotianun said. “That ought to do two things: DMCI Power will get revenue, and Semirara will save on diesel costs.”
Amongst the corporate’s additional projects are an 8-MW bunker power plant in Aborlan, Palawan, scheduled for completion in the primary quarter of 2025, and one other 8-MW bunker power plant in Masbate, set to be operational by the second quarter.
“DMCI Power stays committed to meeting the growing energy needs of off-grid areas. We were recently awarded contracts to provide 2 MW in Antique and an extra 15 MW in Palawan,” Mr. Gatdula said.
“Our ongoing and upcoming projects aim to deliver reliable and efficient energy solutions that support national progress.”
Established in 2006, DMCI Power primarily focuses on providing energy to off-grid small and distant islands.
The corporate has 159.8 MW of installed capability and operates thermal, bunker, and diesel power plants in Masbate, Oriental Mindoro, and Palawan. — Sheldeen Joy Talavera
