World Resources Projects
Working at the intersection of the environment & human needs
Philippines: NorthWind Bangui Bay Project
The construction of this wind farm is being undertaken by NorthWind Power Development Company with assistance from the Danish International Development Agency. It is being built at a remote part of the Luzon grid which is plagued by expensive and unreliable power supply. The project consists of 15 state-of-the-art wind turbines, totaling 24.75 megawatts. The electricity produced by the Project will be exported to the Luzon grid and will displace highly polluting diesel-based power generation thereby reducing emissions of GHG. The emission reductions (ERs) generated by the project will be purchased by the Prototype Carbon Fund (PCF)/ World Bank.
Date Implemented: 2005
Status: In Force
Funding Information: total cost of about US$35 million, with almost 90 percent funded by the Danish International Development Agency
References: http://carbonfinance.org/Router.cfm?Page=Projport&ProjID=9622