News of the additional investors on renewable energy in
Negros Occidental once again proved that the province is on the way to become
the ideal place for investment especially from multinational firms. Aside from
the real estate development which is sprouting everywhere - either north,
central or south of the province - renewable energy is also one of the areas
that the province will set to become a leader. Here are the two recent companies that
will surely create more jobs in the province.
1. Thomas Lloyd Investments Group
Thomas Lloyd Investments Group, a German firm who recently
visited Negros Occidental initially set to invest in the first power plant in
San Carlos City in partnership with Bronzeoak Philippines in a project dubbed as
San Carlos BioPower, an 18-megawatt biomass plant slated for operation two to
three years from now. $40-million investment is needed for this biomass plant
project which can be provided by Thomas Lloyd Investments Group.
The firm is also interested in developing 2 more areas of
the province.
2. Youil Renewable Energy Corporation
This is another company that will surely help uplift the
economic condition of Negros Occidental.
A South Korean firm, Youil Renewable Energy Corp. has
secured the support of Negros Occidental Gov. Alfredo G. Marañon, Jr. for its
proposed 30- to 40-megawatt (MW) solar power plant on a 71-hectare property in
E.B. Magalona town, about 24 kilometers north of Bacolod.
This firm has one solar farm in Cagayan de Oro that was
installed in 2005 and still operational until now.
sources: philstar.com and gmanews.tv
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