Following the recent interconnection deal for the Alabat wind project, Alternergy Holdings Corp. (Alternergy) signed a new deal with the National Grid Corporation (NGCP) for the Tanay Wind Power Project in Rizal. Alternergy’s subsidiary, the Alternergy Tanay Wind Corpo. (ATWC), and the NGCP...
Lopez-led First Gen Corporation will be turning the stretch of its hydropower complex in Pantabangan, Nueva Ecija as a ‘mecca of green energy’, with new sites around the area already tagged for its planned solar and wind farm installations that will be amalgamated with battery energy storage...
Renewable energy (RE) developments in the Alabat Wind Power Project are in full swing, as the Alabat Wind Power Corp. (AWPC) signed an interconnection agreement with the National Grid Corporation of the Philippines (NGCP). The agreement between the grid firm and the subsidiary of Alternergy...
The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Publicly listed Alternergy Holdings Corporation (Alternergy) had engaged China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI), along with its Philippine subsidiary GEDI Construction Development Corporation (GCDC) as engineering, procurement and construction (EPC)...
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
With its continuous commitment to uphold climate action and the mission to expedite the transition of energy across the Asia Pacific region, Vena Energy expresses support for the country’s effort and active promotion of renewables in the energy mix, lowers prices, employment increases, and...
Power supply in the country will be shored up by 3,309 megawatts this year from new generating facilities; plus 334 megawatts that shall be drawn from battery energy storage systems (BESS), according to the Department of Energy. As culled from the department’s data, bulk of the capacity additions...
Alternergy Holdings Corp. has teamed up with Shanghai-based Envision Energy to acquire next generation wind turbine generators (WTG) for two wind power projects in Luzon. In a statement, Alternergy said that, following a rigorous tender process and thorough due diligence, Envision will be supplying...
Described as the company’s critical milestone, the Alabat and Tanay wind projects of the Alternergy Tanay Wind Corp. (ATWC) received certificates of award (COA) from the Department of Energy (DOE) for being the winning bids under the Green Energy Auction 2 (GEA-2). In a disclosure to the...
Altenergy Holdings Corp., a renewable power pioneer, has chosen K2 Management (K2M), an energy transition project management and engineering consultancy firm with headquarters in Denmark, to develop and construct two wind projects in the Philippines. In a disclosure to the Philippine Stock...
Ayala-led ACEN Corporation has inked P20 billion worth of term loan facility that will be used mainly to bankroll ongoing renewable energy (RE) projects as well as for general corporate purposes. According to the company, the debt facility has 10-year repayment term, but the lender-banks have not...
