View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
January 7, 2022

Mindanao Wind Farm, Philippines

By Carmen

Mindanao Wind Farm is a 167.6MW onshore wind power project. It is planned in Caraga, Philippines. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2023.

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.
Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 167.6 167.6 Permitting Caraga, Philippines Chodai; Equi-Parco Construction; Shizen Energy

Description

The project is being developed by Chodai, Equi-Parco Construction and Shizen Energy. These companies also have ownership stakes in the project.

Mindanao Wind Farm (Mindanao Wind Farm_Phase IB) consists of 8 turbines with 4.2MW nameplate capacity.

The Mindanao Wind Farm (Mindanao Wind Farm_Phase IA), will have 78m high towers.

The Mindanao Wind Farm (Mindanao Wind Farm_Phase II), will have 78m high towers.

The Mindanao Wind Farm (Mindanao Wind Farm_Phase III), will have 78m high towers.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2023.

Contractors Involved

Mindanao Wind Farm (Mindanao Wind Farm_Phase IA) will be equipped with Hitachi HTW2.0-86 turbines. The phase consists of 17 turbines with 2MW nameplate capacity.

Mindanao Wind Farm (Mindanao Wind Farm_Phase II) will be equipped with Hitachi HTW2.0-86 turbines. The phase consists of 25 turbines with 2MW nameplate capacity.

Mindanao Wind Farm (Mindanao Wind Farm_Phase III) will be equipped with Hitachi HTW2.0-86 turbines. The phase consists of 25 turbines with 2MW nameplate capacity.

Hitachi is expected to perform operations and maintenance for the wind power project.

About Chodai

Chodai Co Ltd (Chodai) is a construction engineering company. The company offers construction services such as study, planning, design, and construction management for bridges and river structures, and road accessories; structural inspection and rehabilitation design; structural analysis and experiment services; and structure design services. It provides water conservation and environment around river; studies, plans, and designs traffic safety improvement, regional and urban development, road systems, road management enhancement and risk prevention, and water supply and waste water system. Chodai also provides system development and consulting for information architecture establishments; studies, plans, and develops road management databases; develops and operates road information systems; and designs information, electricity, and communication facilities. The company has operations throughout Japan. Chodai is headquartered in Tokyo, Japan.

About Shizen Energy

Shizen Energy Inc (Shizen Energy) is a renewable energy company. It develops solar, wind, small hydroelectric and other renewable energy power plants. The company offers engineering, procurement, construction, operation and maintenance, diagnosis, evaluation, on-site survey, grid connection and project management services. Shizen Energy also provides asset management, financing, supervision, commissioning, consultancy and technical support services. It supplies electricity to individuals and corporations. Shizen Energy is headquartered in Tokyo, Japan.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

Related Companies

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology