PHILIPPINES: Alternergy secures PPA for 90MW project in Pililia, Rizal

Tue Apr 24 2012, 17:08 PM

Philippino energy developer Alternergy Wind One Corporation has secured a power purchase agreement with Manila Electric Company (Meralco) to supply electricity from its planned 90MW wind farm in Pililia, Rizal, along the Northeastern coast of Laguna de Bay.

The two parties signed an agreement earlier this year to connect the wind farm directly to the Meralco franchise, subject to the government approval.

Alternergy is also waiting for the approval of the Feed-in-Tarrif for the wind farm. The Philippino government is expected to release its FIT policy by the mid 2012.