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DMCI Power Hits Record Energy Sales in 2024; Semirara Wind Project On Track for Early 2025 Operations

1/17/2025

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DMCI Power Hits Record Energy Sales in 2024; Semirara Wind Project On Track for Early 2025 Operations
Leading off-grid energy provider DMCI Power Corporation (DPC) achieved record-breaking energy sales in 2024, delivering 491.2 GWh – a 9% increase from the previous year.
This growth was driven by rising demand in Palawan, Masbate, and Oriental Mindoro, coupled with the full-year operations of its 15MW Palawan Thermal Power Plant, which began supplying reliable energy to the local community in August 2023.

The milestone marks DPC’s 14th consecutive year of record-breaking performance since it began operations in Masbate in 2010.

“2024 was a breakthrough year for DMCI Power as we achieved record-high energy sales and ensured reliable operations across all our plants. The sustained growth in demand highlights our critical role in powering off-grid areas,” said DPC president Antonino E. Gatdula, Jr.

In 2025, DPC aims to expand its installed capacity by 27% with 43MW of projects under development. Among these is the 12MW Semirara Wind Project, the company’s first renewable energy venture, which is on track for commercial operations in early 2025. This project will provide renewable energy to support mining operations in Semirara Island.

Additional projects include an 8MW bunker power plant in Aborlan, Palawan, set for completion in the first quarter of 2025, and another 8MW bunker power plant in Masbate, expected to be operational by the second quarter.

“DMCI Power remains committed to meeting the growing energy needs of off-grid areas. We were recently awarded contracts to supply 2MW in Antique and an additional 15MW in Palawan. Our ongoing and upcoming projects aim to deliver reliable and efficient energy solutions that support national progress,” Gatdula added.

​DMCI Power Corporation (DMCI Power) is a wholly-owned subsidiary of DMCI Holdings, Inc. As the largest off-grid energy supplier in the Philippines, the company has 159.8 MW of installed capacity and operates thermal, bunker, and diesel power plants in Masbate, Oriental Mindoro, and Palawan.
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