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Thursday, May 2, 2024

Alternergy, NGCP sign agreement to connect Alabat wind project

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Alternergy Holdings Corp. (Alternergy) said over the weekend its wholly-owned subsidiary Alabat Wind Power Corp. (AWPC) and transmission operator National Grid Corp. of the Philippines (NGCP) signed an interconnection agreement (ICA) for the 100-megawatt Alabat wind power project in Alabat, Quezon.

The ICA will pave the way for the evacuation of the renewable energy capacity from the Alabat wind power project through NGCP’s 69-kV Hondagua transmission line in Lopez, Quezon.

“The ICA signing is a huge breakthrough for the Alabat Wind Power Project. We are grateful to NGCP for boosting the project’s ability to meet its commitment to the Department of Energy [DOE] under the Green Energy Auction 2 [GEA 2] Program,” Alternergy and AWPC president Gerry Magbanua said.

NGCP president and chief executive Anthony Almeda said the company understands the challenges faced by renewable energy developers.

Almeda said NGCP provided the Alabat wind power project with “an interconnection scheme that is most efficient and responsive to ensure viability and timely completion.”

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“We are pleased to work with Alternergy and AWPC to ensure that the renewable power capacity from the Alabat wind power project will be delivered within its committed timeline,” said Almeda.

He said that as the transmission network provider and system operator, NGCP strives to assist power developers to bring the needed energy infrastructures that will bring socio-economic benefits to the country and help accelerate energy transition goal of the government.

The Alabat wind power project is set to commence development phase following the award by the DOE of the certificate of confirmation of commerciality (CoCoC) and the completion and signing of the commercial contracts, particularly the wind turbine supply agreement and the balance of plant engineering, procurement and construction contract.

Alternergy said it proceed with construction in April in line with its committment to deliver the Alabat wind power project by end-2025.

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