Biliran Island: Solar and Geothermal Energy Development
With the completion of geothermal and solar power projects, the government in the island of Biliran is confident that they will attract more investments for the development of their province.
“Although Biliran was small, they were lucky that some investors are interested to put investment here. The geothermal and solar power plants show that we have something to offer to investors,” Biliran Governor Gerardo Espina Jr. said.
“This will mean economic development, possible reduction of electricity rate, and power stability. But the investment’s main benefit for us is on job generation especially in towns where power plants are located,” Espina said earlier this year. The power plant by Biliran Geothermal Incorporated (BGI) is located in Caibiran town, while the Biliran Solar Power Plant of E and P Green Energy Inc (EPGen) is located in Biliran town.
The plants will mean economic development, possible reduction of electricity rates, and power stability. The geothermal power plant seeks to generate 10 MW, while the solar power plant is targeting to generate 25 MW with plans to start the plant early next year.
With a status of May this year, BGI expects the geothermal power plant to be operational by September 2018 and was in the process of negotiating power purchase agreements with electric power distribution utilities.