Tuesday, May 30 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of May 22
Week of May 15
Week of May 08
Week of May 01
Week of Apr 24
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    3 energy firms vie for co-dev't of Tanay wind farm

    March 23, 2023 - Thai News Service


      Three foreign and local energy companies are vying for the co-development of Alternergy's 100-megawatt (MW) Tanay wind project, the pioneer renewable power firm said in a statement Thursday.

      Alternergy president Gerry Magbanua said these energy companies have expressed strong interest after the request for proposals deadline in March 2023.

      The proposals were submitted to Alternergy's wholly-owned subsidiary Alternergy Tanay Wind Corp. (ATWC).

      The official letters of intent (LOI) have been received and we will proceed next to review their respective proposals to finalize the selection of our preferred equity partner, Magbanua said.

      Alternergy cited the three companies that would like to co-develop the Tanay wind project - one of the world's largest energy companies based in Europe, a regional renewable energy company with a portfolio of wind and solar projects across the Asia-Pacific region, and a major domestic energy player that is part of a large Philippine conglomerate.

      The Tanay wind power project is shovel-ready, has obtained major permits, and has four years of wind data.

      It has also completed several technical studies, including logistics, and environmental and energy assessment, and has received height clearance approval from the Civil Aviation Authority of the Philippines.

      The wind power project is part of Alternergy's five-year expansion plan, which includes developing up to 1,370 MW of additional wind, offshore wind, solar, and run-of-river hydropower projects.

      With Alternergy's initial public offering (IPO), proceeds will fund the Tanay wind power project, as well as other projects in the pipeline. - PNA


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.