Order received for Philippines/29MW Binary Power Generation Project at EDC’s Palayan Geothermal Power Plant
♦ Power to be generated making effective use of brine from existing flash type geothermal power plant, previously discharged, as heat source ♦ 29MW carbon neutral power will contribute to regional environmental and economic sustainability ♦ CO2 reduction project to be implemented as Financing Programme for JCM Model Projects in FY2020 Turboden S.p.A., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Lombardy, Italy, and Mitsubishi Power, Ltd. have jointly received an order for 29-megawatt (MW) binary cycle power generation equipment to be installed at the geothermal power plant operated in Palayan, in the southeastern sector of Luzon Island in the Philippines, by Energy Development Corporation (EDC), a local company which boasts of being the world’s largest vertically integrated geothermal company. Turboden will provide the complete power generation system, and Mitsubishi Power will provide support through its local resources. The order calls for project completion and operation startup by the end of 2022. The power generation system will add new binary cycle geothermal power equipment, whose key component is the company’s proprietary 29MW ORC (Organic Rankine Cycle) system*, to the existing 120MW flash type geothermal power plant owned and operated by Bac-Man Geothermal Inc. (BGI), an EDC power subsidiary. The new system will generate power making effective use of brine, which until now has merely been returned to a reinjection well. By replacing power in the power grid now derived from fossil fuels, etc., the new installation will enable reduction of CO2 emissions derived from steam power. This project has been selected as a project for the Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2020 administered by Japan’s Ministry of the Environment and its execution body, the Global Environment Centre Foundation (GEC). In addition to helping to curb CO2 emissions in the Philippines, the project […]