Philippine Asian News Today | Page 5

August 16 -31, 2016 PHILIPPINE ASIAN NEWS TODAY A5 Canada supports $161 million biomass power projects in Negros Occidental The Government of Canada, the International Finance Corporation (IFC), and IFC’s Clean Technology are investing $161 million in three biomass power plants in the Philippine province of Negros Occidental. The investment was announced on August 19. The project in the Visayas region of the Philippines is expected to generate 70 megawatts of clean renewable energy for the country. The power plants are being built in the towns of Manapla, San Carlos and La Carlota. “We are pleased to support innovative projects abroad that help reduce global greenhouse gases. Through our partnership with the IFC, the Government of Canada will deliver funds that will en- able the growth of renewable energy while supporting the creation of green jobs,” said Catherine McKenna, Canada’s Minister of Environment and Climate Change. The facilities will convert sugarcane waste to electricity using a low carbon-emitting process called circulating fluidized bed boiler technology. Before it was identified as feedstock for biomass power plants, sugarcane waste was burned in the fields, a practice that contributed to air pollution. The three power plants are expected to qualify for the biomass feed-in-tariff of the Philippine Energy Regulatory Commission. The feed-in-tariff is available to energy producers with up to 250 megawatts of biomass generating capacity. IFC Country Manager, Yuan Xu, said: “Energy is central to the country’s development, and the Philippines needs to further diversify and secure its energy sources. Converting agricultural waste to biomass power is a sustainable way of creating economic value while caring for the environment.” IFC is a member of CONT ON A7 WWW.PHILIPPINEASIANNEWSTODAY.COM