Altenergy Tanay Wind Corp. (ATWC) has forged a revenue-sharing agreement with the provincial government of Rizal for a wind power project. In a disclosure to the Philippine Stock Exchange on Tuesday, Oct. 10, ATWC, a subsidiary of Alternergy Holdings Corp., announced the signing of a lease contract...
SEOUL – The conversion of gas pipelines as well as on-site production can help reduce the cost of hydrogen to commercially viable proportion and for it to thrive as a practicable energy solution starting in the 2030 timeframe, according to studies and assessments of UK-headquartered multinational...
Renewable power pioneer and publicly listed Alternergy Holdings Corp. said it will develop a wind farm on the island of Alabat, Quezon. In a statement, Alternergy said the Provincial Development Council (PDC) of Quezon Province approved the construction of Alabat Wind Power, a renewable project....
SEOUL – European firm Tractebel Engineering is offering latest innovation on floating substations as technology solution for gigawatt-scale offshore wind farm projects currently being advanced in various energy markets in the Asian region. At the ongoing 2nd Korea Offshore Wind and Hydrogen...
Yindjibarndi Energy Corporation (YEC), a subsidiary of Ayala-led ACEN Corporation has inked a preliminary deal with London-headquartered Rio Tinto for development collaboration on the latter’s targeted energy usage shift to renewable energy in its Australian mining operations. In a press...
Two weather systems will continue to affect Central and Northern Luzon over the next 24 hours, bringing rains to parts of the country, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Oct. 20. The northeasterly wind flow, or the initial blast...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Thursday, Oct. 19 said two weather systems will bring cloudy weather with rain showers over parts of the country in the next 24 hours. Photo credit to MB Visual Content Group PAGASA said the shear...
Listed firm Alternergy Holdings Corporation (Alternergy) logged financial rebound in the current fiscal year with an income of P38 million, effectively reversing a net loss of P145.2 million in a comparable period last year. The company’s cash balance also escalated significantly by 113% to...
Senator Sherwin Gatchalian has called on the government to hasten the development of transmission facilities for offshore wind (OSW) projects to boost the renewable energy (RE) sector’s contribution to the country’s energy requirements. Gatchalian also said doing so would secure the...
Filipino-European firm Triconti Windkraft Group has brought in Liechtenstein-headquartered Sea Wind Holding AG as its new partner to help advance its 1,500 megawatts of offshore wind (OSW) farm developments into commercial fruition. “Seawind joins the consortium to fast track the...
The trough or extension of a low pressure area (LPA) and a super typhoon outside the country’s area of responsibility may bring scattered rain showers and thunderstorms over parts of the country in the next 24 hours, said the Philippine Atmospheric, Geophysical and Astronomical Services...
Rain showers may continue to affect parts of the country due to the trough of a low pressure area (LPA) and the northeasterly surface wind flow, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Friday, Oct. 13. PAGASA weather specialist Aldczar...