News Flash

September 03, 2015, Thursday
  • Suspect in the slay of DepEd Asst. Reg’l. Dir. Menguito’s wife & maid is a businessman & Menquito’s own relative. 4 hours ago |
  • Suspect in the killing of DepEd Asst. Reg'l Dir. Menguito’s wife & maid arrested in Merville, Paranaque. 4 hours ago |
  • Wife & maid of DepEd Asst. Reg’l Dir. Ponciano Menguito found dead from multiple stab wounds in their Sta. Ana, Manila home. 4 hours ago |
  • Majority Leader Neptali Gonzales says the House needs to hold 5 sessions/wk. to approve imp’t measures before the Oct. 10 break. 4 hours ago |
  • House of Representives to hold sessions from Monday to Friday beginning next week. 4 hours ago |
  • Mayon volcano now records only one volcanic earthquake a day for the past 6 months. 5 hours ago |
  • Mayon volcano’s status downgraded to Alert Level 1. 5 hours ago |
  • Cotabato Rep. Nancy Catamco denies link to PDAF scam saying she wasn’t even in Congress when the fund was misused. 5 hours ago |
  • Sandiganbayan allows Bacolod City Mayor Monico Puentevella to travel to Thailand amid a PDAF-related graft case. 5 hours ago |
  • Senate grills NTC officials on the proliferation of text scams. 10 hours ago |
  • MMDA and Quezon City Police District conduct clearing operations along Edsa-Balintawak. 10 hours ago |
  • MMDA gives traffic orientation to members of PNP Highway Patrol Group (HPG) who will man EDSA beginning Monday. 10 hours ago |
  • Earthquake drill held in Bulacan. 11 hours ago |
  • 2 PCG officers & a skipper to face criminal raps following the July 2 sinking of M/B Kim Nirvana off Ormoc City. 11 hours ago |
  • DOTC Sec. Jun Abaya checks out the assembly of MRT 3 prototype train at a depot in Pasay City. 11 hours ago |
  • At least 8 inmates bolt Lanao del Norte provincial jail. 11 hours ago |
  • DOJ Sec. De Lima says a prosecutor or a panel of prosecutors will handle the complaints filed vs. 8 INC leaders. 11 hours ago |
  • DOJ says the complaints of illegal detention & harassment filed by Isaias Samson Jr. will go through regular process. 11 hours ago |
  • Driver whose van was fired upon at Katipunan Avenue in Quezon City dies in hospital. 11 hours ago |
  • Abra-Kalinga Road to Nagpaoayan, Baay Licuan in Cordillera partially closed to traffic due to repairs. 11 hours ago |

Ayala unit launches Pagudpud wind farm

By Alena Mae S. Flores | Sep. 05, 2013 at 12:02am
Northern Luzon UPC Asia Corp., a unit of Ayala Corp., is set to start construction of the 81-megawatt Caparispisan wind power project in Pagudpud, Illocos Norte, with the groundbreaking ceremonies set this week.

Mario Marasigan, Energy Department director of the Renewable Energy Management Bureau, told reporters the $220-million wind project would support government’s efforts toward energy security.

“[They will start] commercial operations by late 2014 or early 2015,” Marasigan said.

The 81-MW wind project received a declaration of commerciality on June 17 from the Energy Department, allowing Northern Luzon UPC Asia to proceed with the project construction.

Ayala’s wholly-owned subsidiary AC Energy signed an investment framework and shareholders’ agreement in July with UPC Philippines Wind Holdco I B.V. and Philippine Investment Alliance for Infrastructure, or PINAI, to construct the wind project.

PINAI, a P26-billion fund, is composed of the Government Service Insurance System, APG and Macquarie Infrastructure Holdings (Philippines) Pte. Ltd..

AC Energy agreed to take a 64-percent stake while PINAI will own 32 percent. UPC holds the 4 percent of Northern Luzon UPC Asia, the project company for the wind farm in Pagudpud.

The project will increase AC Energy’s wind farm portfolio in the Philippines, building on its current 50-percent ownership of NorthWind Power Development Corp., which already operates a 33-MW wind farm in Bangui, Ilocos Norte.

Siemens Energy of Germany, meanwhile, will supply the wind turbines for the Pagudpud wind project.

Siemens will deliver and install 27 direct drive wind turbines of the type SWT-3.0-101, with a 3 MW output and a rotor diameter of 101 meters.

Data from the Global Wind Energy Council showed the Philippines, being one of the important emerging wind markets in Asia, was expected to install in excess of 500 MW of wind capacity by 2020 from 33 MW as of 2011.
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Comments are views by readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with editorial standards, may not be held liable for any false information posted by readers in this comments section
comments powered by Disqus

In This Category

Want Updates?

Be the first to know on what is latest from, simply enter your email below to get started. We don’t spam dont worry!