Vince Perez’s Alternergy forays into overseas market

Former Energy Secretary Vince Perez’s Alternergy Holdings Corp. has gone global.

Alternergy has invested in a solar project with a battery energy storage system in Palau.

Perez announced Alternergy’s solar investment on his Facebook.

Alternergy, through its wholly-owned subsidiary Pililla AVC Corp. (PACO) and Shell Overseas Investment B. V. (Shell), partnered to explore the vast offshore wind potential in the Philippines.

The partnership of Alternergy and Shell obtained a Wind Energy Service Contract (WESC) from the Department of Energy (DoE) to assess the feasibility of an offshore wind project in the windswept Calavite Passage near Mindoro.

Alternergy aims to develop up to 1,370 MW of additional wind, offshore wind, solar, and run-of-river hydro projects in the next five years.

Samat  cleared to start LNG project in Bataan

Samat LNG Corp. has received the greenlight from the Department of Energy to start the development of a small-scale liquefied natural gas (LNG) receiving terminal and regasification facility in Brgy. Sisiman, Mariveles, Bataan.

CA thumbs down SMC unit’s TRO plea vs ERC order

The Court of Appeals (CA) has denied the petition filed by San Miguel Corp. to nullify the Energy Regulatory Commission’s order rejecting the power rate hike sought by its power subsidiaries and Manila Electric Co. (Meralco).

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Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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