Alternergy Holdings Corp. has announced that its subsidiary Alternergy Tanay Wind Corp. has energized the transmission facilities of its 128-megawatt (MW) Tanay Wind Project, marking a significant milestone in the project's progress towards commercial operations.
The energization covers the project's 500-kilovolt (kV) substation and 500-kV transmission facilities, which will connect the wind farm to the national transmission network and enable it to deliver renewable energy to the Luzon grid.
The successful energization of the Tanay Wind Project signals the project's readiness for integrated testing and commercial operations, according to the company.
The project's president, Gerry P. Magbanua, stated that the milestone brings the company closer to delivering clean, reliable energy to Filipino consumers and represents a significant step towards the country's transition towards a cleaner and more sustainable energy future.
The 128-MW wind farm is expected to generate about 283.5 gigawatt-hours (GWh) of renewable electricity annually, enough to power about 118,125 households, while avoiding about 197,780 metric tons of carbon emissions each year.
Once operational, the wind farm will utilize 8-MW wind turbines, the largest installed in Southeast Asia outside China.
Alternergy is targeting to develop an additional 500 MW of renewable energy capacity in 2026 and expand its renewable energy portfolio to 1,000 MW by 2030.
The company's shares fell two centavos, or 2.56%, to 76 centavos apiece on Thursday.
