New turbine boosts EDC’s Bacman geothermal plant to 135 MW
Dec 5, 2014 - Philippine firm Energy Development Corp (PSE:EDC) said Thursday that its Bacon-Manito (Bacman) geothermal plant is now running at a capacity of 135 MW, an increase of 5 MW, following the upgrade of one turbine.
The complex consists of Bacman I, which previously included two units of 55 MW, and the 20-MW Bacman II facility. The second turbine of Bacman I was replaced with a brand new one, manufactured by Japanese diversified group Toshiba Corp (TYO:6502), in September. It now operates at 60 MW gross.
EDC is involved in the geothermal, hydro and wind power sectors. The power producer has more than 1,400 MW of renewable energy capacity in its portfolio, it says on its website.
For the first nine months of the year, the company’s consolidated revenues climbed by 16% to PHP 23 billion (USD 515m/EUR 416m). EDC attributed the result mainly to a PHP-2.1-billion contribution from the Bacman facility.