The country’s president was joined at the launch ceremony in Bgy. Sta Cruz, Davao del Sur, by AboitizPower’s top executives.
Sibulan is a 42.5MW greenfield hydropower project featuring two cascading run-of-river hydro power plants that harness the Sibulan and Baroring Rivers.
The project included construction of five drop intakes, more than 16km of steel pipes to divert the water from the rivers to the plants, about 3km of tunnel, and about 34km of transmission lines to connect the plants to ERA substation at Bajada, Davao City.
The project is registered under the United Nations Framework Convention on Climate Change (UNFCCC) as a Clean Development Mechanism (CDM) project that will sell certified emission reduction units (CERs) to industrialized countries.
AboitizPower currently represents one of the largest private renewable energy producers in the Philippines. Its renewable energy portfolio includes geothermal and hydroelectric power plants located across the country. The company’s hyrdroelectric generation assets include the Bakun plant in Ilocos Sur, Magat plant in Isabela, and Ambuklao plant in Benguet.
Sibulan is being developed by Hedcor Sibulan, Inc., a wholly owned subsidiary of AboitizPower.