ALTERNERGY HOLDINGS Corp. has received clearance from the National Grid Corp. of the Philippines (NGCP) on its system impact studies (SIS), confirming that the grid can accommodate as much as 500 megawatts (MW) of renewable energy (RE) projects.
The clearance allows the corporate to proceed with development planning and advance toward its 1-gigawatt (GW) capability goal by 2030.
In a press release on Thursday, Alternergy President Gerry P. Magbanua said: “The NGCP clearance of the SIS is a big step to maneuver our projects forward. It confirms the grid’s capability and readiness to integrate our projects into the system.”
The SIS assesses the adequacy and capability of the transmission system to accommodate latest connections. While not a final operational approval, it is a vital post-auction requirement under the fourth round of the Green Energy Auction Program (GEA-4).
Alternergy won five renewable energy projects under GEA-4, including Liberty solar floating projects in Tarlac, Kalandagan solar energy project with battery energy storage system in Samar, Tayabas North wind energy project in Quezon, and Alegria wind power project in Cebu.
These projects are targeted for completion in December 2028 and represent the corporate’s next phase of development toward its 1-GW goal.
Individually, Alternergy disclosed that the goal industrial operations of its 128-MW Tanay wind project in Rizal and 64-MW Alabat wind project in Quezon have been moved to next 12 months on account of permitting challenges.
Once operational, the 24 turbines from these projects are expected to generate significant revenue for the corporate.
“The nearly 200 megawatts of additional capability coming online represent a big step forward within the corporation’s financial performance,” the corporate said.
Alternergy is a renewable energy pioneer with a portfolio spanning wind, run-of-river hydro, solar farms, industrial rooftops, battery storage, and offshore wind projects. — Sheldeen Joy Talavera