ERC Grants Compliance Certificate for 5-MW Dupinga Hydro Project
Alternergy Holdings Corp. announced that its joint venture, Dupinga Mini Hydro Corp., received ERC certification for the 5-MW Dupinga run-of-river power plant. This approval enables the plant to commence commercial operations, supplying power to approximately 13,000 households in Nueva Ecija.
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Dupinga Mini Hydro Corp. has obtained a Certificate of Compliance from the Energy Regulatory Commission (ERC) for its 5-MW Dupinga run-of-river power plant in Nueva Ecija. The plant will operate under a 20-year power supply agreement with Neeco II-Area 2, enhancing electricity availability in the municipality of Gabaldon and nearby areas.
The project is projected to prevent around 16,500 metric tons of carbon emissions annually. Following the announcement, Alternergy's stock saw a slight increase of 1.20%. The operational launch of this facility marks a significant step in the region's renewable energy development.
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