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Saturday, October 12, 2024

Alternergy breaks ground for Solana project

Alternergy Holdings Corp. and its subsidiaries on Wednesday held the groundbreaking for the P1.5-billion, 28-megawattpeak Solana Solar Power Project in Hermosa, Bataan.

Alternergy’s subholding company Solar Pacific Energy Corporation (Solar Pacific) owns Solana Solar Alpha Inc., the project developer.

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This is the third of new renewable energy power projects that the Alternergy Group broke ground in the past three months which brought to five its renewable energy power projects under construction this year.

“The ALTER Group is in full steam ahead as we break ground for the Solana Solar Power Project, our third project to be constructed this year. We are adding a total of 204 MW of clean, renewable and sustainable capacity to the grid by end 2025 from our Alabat and Tanay Wind Power Projects and the Solana Solar Power Project,” Alternergy chairman Vicente Pérez said.

Alternergy through Alabat Wind Power Corp. (AWPC) broke ground to start construction on May 9 of the 64-MW Alabat Wind Power Project in the municipalities of Alabat and Quezon in Quezon province.

Alternergy Tanay Wind Corp. (ATWC) also broke ground for the 112-MW Tanay Wind Power Project in Tanay, Rizal on June 4.

The construction teams for these two projects were mobilized to ensure timely completion.

“The Solana Solar Power Project is expected to issue the notice to proceed to construction immediately with a target completion by first quarter 2025,” Pérez said.

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