More Wind Power Projects Charge Up Philippines - CleanTechnica

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More Wind Power Projects Charge Up Philippines - CleanTechnica
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More Wind Power Projects Charge Up Philippines

Aboitiz Power Corp. said its renewable energy arm Aboitiz Renewables, Inc. had entered a partnership with Vena Energy to invest in the latter’s 102-megawatt wind power project in Rizal and Laguna. The deal was inked early in July, and just this first week of August, the rollout plans have started.

Emmanuel V. Rubio, president and chief executive officer of AboitizPower, said the joint venture agreement between the company’s unit and Singapore-based Vena Energy will accelerate its wind energy assets. Vena Energy is a renewable energy company that owns, develops, constructs, operates, manages, and commercializes a renewable energy portfolio.

What is significant about this Vietnam project is the technology and knowledge sharing it will have on the the new ARI project. The 2019 acquisition of Mekong Wind provides an even stronger backbone for ARI. Leveraging the experiences of Mekong Wind, the aim is to produce more where there’s the most wind — the best wind potential lies in the northern parts of Vietnam and the Philippines. Cambodia, Myanmar, and Lao and Thailand also have a potentially useful amount of wind energy as well.

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