Renewable power pioneer Alternergy Holdings Corp., through its wind subsidiary Alternergy Wind Holdings Corp. (AWHC), has won an onshore wind power contract in Albay that further cements its position as a leader in the Philippine renewable energy sector.
The Department of Energy (DOE) granted AWHC a certificate of authority (COA), allowing the company exclusive rights to explore and assess wind resources for the Albay Wind Power Project. The project spans 6,318 hectares across several municipalities in Albay and could potentially accommodate at least 150 megaWatts (MW) of wind capacity.
The COA, issued by the DOE under the leadership of Energy Secretary Raphael Lotilla, is part of a broader initiative designed to reduce risks and improve the viability of renewable energy projects.
“We are thrilled to receive the DOE’s approval to develop another wind project in Luzon,” said Knud Hedeager, president of AWHC. “The COA framework is a landmark policy that supports developers right from the start, mitigating risks and enhancing the overall project viability.”
After co-developing the Bangui Bay wind farm—the first in the Philippines and Southeast Asia—in 2005, Alternergy went on to operationalize the Pililla Rizal wind farm in 2015. Alternergy is currently constructing wind farms in Tanay, Rizal, and Alabat, Quezon, and the Albay Wind Power Project will mark its fifth wind venture in the country.
The Albay project is a key part of Alternergy’s ambitious plan to reach 500 MW of renewable energy capacity by 2026. The company has three years to complete pre-feasibility studies and permitting activities, with a potential 25-year Wind Energy Service Contract to follow if the project proves commercially viable.
Alternergy’s ongoing projects and new developments position the company as a strong player in the Philippines’ renewable energy landscape.
