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Background

Bronzeoak is a leader in the development and implementation of clean energy projects in the Philippines and has worked hard over the past ten years to change the face of energy in the country. With a background in agribusiness and land development, the company has established its expertise in biofuel, biomass and solar energy technologies. Headquartered in the Philippines, Bronzeoak works with local, regional and international partners to help achieve the nation’s goal of energy independence.

The company is a dynamic, innovative enterprise that has been a pioneer in harnessing indigenous resources to create power. The company's achievements include the development and commissioning of Asia's first sugarcane to ethanol and power facility in 2009 to reduce oil imports, as well as the completion of the country's first utility scale solar farm in 2014 to reduce reliance on diesel generators during peak demand. Since then, Bronzeoak has forged ahead to develop three more biomass power plants and five more solar farms, bringing over 200MW of solar capacity into full operation by early 2016. Through these enterprises, Bronzeoak has brought over $850 million of new investment into Negros Island, creating thousands of new jobs during construction and for the long-term operation of each facility.

From its inception in 2003, Bronzeoak Philippines has been driven by the goal of helping bring about countryside development. With a base in San Carlos City on the island of Negros, the company pursued the vision of working through the agricultural industry to enable energy independence and security to, in turn, spur investment, foster economic development, and improve the quality of life in agricultural communities.     

Bronzeoak began its work in renewable energy in 2003 by undertaking power cogeneration opportunity assessments at various sugar mills. In 2006, it began construction on the first integrated sugarcane, ethanol and power cogeneration plant in Asia. To date, San Carlos BioEnergy, Inc. has been capable of an annual production of 40 million liters of fuel ethanol, 40 million kilograms of sugar syrup, and 60 million kW hours of sustainable electricity. Bronzeoak then expanded its bioenergy activites by developing three new biomass power plants fueled by agricultural residues. Working with the International Finance Corporation, a unit of the World Bank, these projects illustrate a commitment to environmental responsibility and indigenous rural energy. By utilizing agricultural residues for power generation on an ongoing basis, the plants create added value for the farmer, provide reliable baseload power, and help the country comply with the Clean Air Act of 1999 and the Renewable Energy Act of 2008.

In 2013, Bronzeoak expanded beyond its core expertise of biomass energy and ventured into solar power. Together with Thomas Lloyd, its German partner, Bronzeoak began construction on the country's first utility scale solar farm, a 22 MW facility that was inaugurated by H.E. President Benigno S. Aquino III in May of 2014. Since its commissioning, San Carlos Solar Energy (SaCaSol) has paved the way for solar energy in the Philippines. SaCaSol became the first renewable energy project in the Philippines to qualify for the Feed-in-Tariff (FIT) system created by the RE Act of 2008, spurring the growth of a new industry. Bronzeoak has developed over 200 MW of solar projects, all built and operational with multiple local and international partners.

Looking to the future, Bronzeoak continues to expand its portfolio of projects within the biomass and solar sectors, but is also moving into other areas of renewable energy, including wind energy, energy storage and advanced biofuel production technologies. By producing clean energy from indigenous raw materials, Bronzeoak is creating job opportunities, supporting rural communities, and helping achieve the Philippine government's energy independence objectives.