Wednesday, March 20, 2013

Canadian Investment in the Philippines

A Canadian firm has signified its intention to invest in the province for a biomass facility that would generate electricity for 10,000 to 15,000 households.

Roy Imperial, a close aide to Governor Lilia G. Pineda, said the Canadian investor is eyeing to construct two 215-megawatt power plants that will be housed either in Lubao or Floridablanca town.

Imperial said the proposed biomass facility would generate livelihood to Aetas, who will facilitate in planting grass that would be converted into electricity.

The Canadian investor has conducted initial study and close coordination with the Aeta community for the proposed biomass facility, he said.

Initially, at least 1,000 hectares unutilized land will be needed for the plantation of grass.

Imperial said the grass will be harvested every six months to generate biomass in the production of electricity.

No comments: