Economy

Alternergy installs 10th meteorological mast in Quezon for wind farm

ALTERNERGY Holdings Corp. has installed its 10th meteorological or met mast on Alabat island in Quezon province to harness the northeast monsoon through its wind power project.

“The met mast will validate the strength and capacity of the wind resource over the next two years,” Alternergy Chief Technical Director Knud Hedeager said in a media release.

Mr. Hedeager said the 80-meter met mast uses the NRG system, which the company said will measure the wind resource in the area.

Alternergy cited a report from Global Wind Atlas which said that the project site has an average wind speed of “more than seven meters per second.”

Vicente S. Pérez, Jr., chairman of the power company, said that the island was strategically chosen as a site for the wind power project.

“By developing a wind project in a site that bravely faces the ever-prevailing ‘amihan’ northeast monsoon from the Pacific Ocean, Alternergy aims to turn a natural resource into a reliable source of clean energy,” Mr. Pérez said.

The Alabat wind power project has a proposed capacity of up to 50 megawatts (MW). The company is targeting to develop up to 1,370 MW of additional wind, offshore wind, solar, and run-of-river hydro projects in the next five years. — Ashley Erika O. Jose

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top