Ibulao Mini Hydro Corp. , a wholly owned subsidiary of renewable energy firm Alternergy Holdings Corp. , has secured a water permit from the National Water Resources Board for its hydro power project in Ifugao.
He noted that Alternergy’s 17.4 MW Asin-Hungduan and Ibulao1 projects in the municipality of Kiangan are currently in full swing construction while the 6.8MW Lamut project in the municipalities of Lamut and Asipulo is shovel-ready for construction. Following the issuance of the water permit, Miranda said further permitting activities will be pursued, particularly the consent of the indigenous peoples.
The Ibulao 2 ROR hydro project is part of the Alternergy’s expansion plans in the next five years. Alternergy aims to develop up to 1,370 MW of additional wind, offshore wind, solar and run-of-river hydro projects.