Alternergy explores wind power potential in Albay
The company has three years to complete the study.
Philippines-based Alternergy Holdings Corporation has commenced wind resource assessment for a potential wind power project in Albay province, Bicol region in the Philippines.
In a statement, the company said the assessment is being conducted through the deployment of a Light Detection and Ranging (LiDAR) system.
The wind resource assessment is one of the activities approved by the country’s Department of Energy following the issuance of a certificate of authority (COA) for Alternergy’s Albay Wind Power Projects. Uder this, the company has three years to complete the prefeasibility studies and permitting activities.
If the project site is proven commercially viable, the COA will be converted into a 25-year wind energy service contract.
A meteorological mast will also be installed in the fourth quarter of this year in time for the upcoming wind season.
The Albay Wind Power Projects 1 and 3 form part of Alternergy’s portfolio of new projects to support its 1 gigawatt goal by 2030.