Greenlights for two windfarm projects in Philippines
Alternergy Holdings Corp. has secured funding amounting to PHP 1.45 billion (USD 26 million) for the development of the 99.2 MW Tanay wind farm and the 64.8 MW Alabat wind farm in the Philippines.
This financial support will be allocated towards advancing Alternergy's upcoming development initiatives, including the implementation of the Tanay and Alabat wind power projects as part of the Department of Energy's Green Energy Auction 2 program. Tanay, characterized by its hilly and mountainous topography, is strategically positioned for the establishment of a new wind farm, with an anticipated annual net generation of 252.9 GWh.
Situated on the eastern seaboard of Luzon Island within Quezon Province, the Alabat Island Wind Project is slated to connect to the power grid through the 69 KV distribution system of Quezon 1 Electric Cooperative, located approximately 8 km away from the project site.
Country updates
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December 22, 2023
Green lane endorsement given for 450 MW Frontera Bay Wind Power Project in Philippines
The Board of Investments (BOI) has awarded the green lane certificate of endorsement to Ivisan Windkraft for its 450 MW Frontera Bay Wind Power Project in Cavite, Philippines. With the Green Lan...
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November 10, 2023
Development rights awarded for 160 MW wind farm project in Philippines
ACCIONA Energía has announced that it has been awarded, together with its local partner Freya Renewables, development rights for a 160 MW wind farm in The Philippines. The Philippine Departmen...
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October 31, 2023
Green lane certificate granted for 100.8 MW Kalayaan 2 wind project in Laguna province
The Board of Investments (BOI) awarded the Green Lane Certificate of Endorsement to The Blue Circle for its Kalayaan 2 wind power project located in the Laguna province (Luzon), Philippines. The...
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October 25, 2023
Alternergy gears up for next phase of growth in Philippines
Alternergy Holdings Corp. has reported a consolidated net income of PHP38 million (USD669,267) for the fiscal year ending June 2023 in the Philippines. Over the next two years, Alternergy will b...
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September 13, 2023
Zonal Renewables to construct new 100 MW floating solar project in Philippines
Zonal Renewables has planned to construct a new 100 MW floating solar project on a 90-ha fishpond in Cadiz, Negros Occidental province, Philippines. The floating solar power farm carries the potentia...
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