5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

ERC OKs Alternergy’s P2.8-B grid link project for Tanay wind farm

by
August 20, 2025
in Stock
0
ERC OKs Alternergy’s P2.8-B grid link project for Tanay wind farm

ERC OKs Alternergy’s P2.8-B grid link project for Tanay wind farm – BusinessWorld Online


      
      
      
      
      








BW FILE PHOTO/ALDRINE BALLESTEROS

ALTERNERGY Holdings Corp. has secured approval from the Energy Regulatory Commission (ERC) to build a P2.8-billion transmission facility to connect its 128-megawatt (MW) wind power project in Tanay, Rizal.

The ERC approved the application of Alternergy Tanay Wind Corp. (ATWC), a subsidiary of Alternergy, to develop and own a dedicated point-to-point transmission facility, the company said in a media release on Wednesday.

The facility will involve the construction of two double-circuit 500-kilovolt (kV) transmission lines and a 500-kV switchyard with a transformer.

Alternergy also secured approval for its unique two-stage interconnection scheme comprising an interim and a final connection.

As an interim connection scheme, the ERC approved a bus-in connection to the existing 500-kV San Jose-Tayabas transmission backbone of the Luzon grid, pending completion of the proposed Baras 500-kV substation of the National Grid Corporation of the Philippines (NGCP), which will serve as the final connection scheme.

“This is an innovative interconnection scheme that enables our Tanay Wind Power Project to meet its commitment under the Administration’s Green Energy Auction 2,” ATWC President Gerry P. Magbanua said.

The Tanay Wind Power Project is part of Alternergy’s portfolio of renewable energy projects, supporting the company’s goal of achieving a 500-MW capacity by 2026.

The P11.8-billion wind energy project is slated to begin commercial operations by the end of the year.

Earlier this month, Alternergy also secured approval from the ERC to build a P1.8-billion transmission facility to link its 64-MW Alabat wind power project in Quezon province to the Luzon grid.

Alternergy has a portfolio of renewable energy projects, including wind, hydro, solar farms and commercial rooftops, battery storage, and offshore wind projects. — Sheldeen Joy Talavera

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

Something hot

Next Post

Unicapital cuts PSEi year-end forecast to 7,100

Next Post
Unicapital cuts PSEi year-end forecast to 7,100

Unicapital cuts PSEi year-end forecast to 7,100

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    ERC OKs higher FIT-All rate; power bills may rise in November

    ERC OKs higher FIT-All rate; power bills may rise in November

    October 20, 2025
    Samsung opens submissions for Solve for Tomorrow 2025

    Samsung opens submissions for Solve for Tomorrow 2025

    October 20, 2025
    IGNITE 2025 lights up ASEAN’s innovation scene

    IGNITE 2025 lights up ASEAN’s innovation scene

    October 20, 2025
    Belarus security chief seeks dialogue with Ukraine

    Belarus security chief seeks dialogue with Ukraine

    October 20, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.