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El Niño, prolonged Middle East war seen keeping Philippine inflation elevated - BusinessWorld Online A decade after Hague win, Filipino fishers still shut out of Scarborough Shoal - BusinessWorld Online DBCC trims revenue goals - BusinessWorld Online Philippines secures $60-M grant from MCC - BusinessWorld Online SM Prime opens P7-billion Cebu arena - BusinessWorld Online Pokémon pop-up store, running event to commemorate 30 years - BusinessWorld Online CTA upholds partial Petron excise tax refunds in twin rulings - BusinessWorld Online BDO eyes at least P5B from sustainability bonds - BusinessWorld Online DMPL cites PHL business, debt restructuring efforts to support continued operations - BusinessWorld Online Cinemalaya 2026 ramps up ahead of return to CCP next year - BusinessWorld Online ICTSI completes Brazil logistics acquisition - BusinessWorld Online Stuff to Do (07/10/26) - BusinessWorld Online BSP still vetting digital banking applicants, official says - BusinessWorld Online PhilWeb partners with Pragmatic Play to expand gaming services - BusinessWorld Online More banks offer free interbank fund transfers - BusinessWorld Online TikTok Shop strengthens beauty discovery with Seoul Glow K-Beauty Campaign - BusinessWorld Online Topline unit, Singapore’s Aesen form offshore services venture - BusinessWorld Online Atome Philippines gets P5-billion credit facility from AUB - BusinessWorld Online Democracy on trial: Why the integrity of impeachment matters - BusinessWorld Online MIC, PNOC study Bataan petroleum storage project - BusinessWorld Online Peso drops further on hawkish Fed, Iran war - BusinessWorld Online What Does It Mean to Be Agency of the Year? - BusinessWorld Online Probity due diligence - BusinessWorld Online iPeople, Inc. to hold Annual Stockholders’ Meeting remotely on July 31 - BusinessWorld Online Mynt, Inc. 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Alternergy energizes transmission facilities for Tanay wind project - BusinessWorld Online
CEDTyClea · 2026-07-10 · via BusinessWorld Online
ALTERNERGY.COM

ALTERNERGY HOLDINGS CORP. said its subsidiary Alternergy Tanay Wind Corp. has energized the transmission facilities of its 128-megawatt (MW) Tanay Wind Project, moving the project closer to commercial operations.

In a statement on Thursday, the listed renewable energy company said 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 company said the milestone signals the project’s readiness for integrated testing and commercial operations.

“The successful energization of the Tanay Wind Project brings us another step closer to delivering clean, reliable energy to Filipino consumers,” Alternergy President Gerry P. Magbanua said.

“This is also particularly significant because it represents the first wind project energized under the Department of Energy’s Green Energy Auction Program II (GEAP II), strengthening the country’s renewable energy infrastructure and supports the Philippines’ transition toward a cleaner and more sustainable energy future,” he added.

The company said the energization also marks the start of pre-commissioning activities ahead of commercial operations and revenue generation.

“This achievement reflects the dedication and expertise of our entire project team, as well as the strong collaboration among government agencies, the provincial government of Rizal, the Municipality of Tanay, our host communities, contractors, lenders, and project partners,” Mr. Magbanua said.

Alternergy said the project uses 8-MW wind turbines, which it described as the largest installed in Southeast Asia outside China.

Once operational, 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.

The company 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.

Alternergy shares fell two centavos, or 2.56%, to 76 centavos apiece on Thursday. — Ashley Erika O. Jose