Lihangin gets transmission project approval

Breaking News Lihangin Secures Transmission Project Approval, Paving the Way for Renewable Energy Growth

As experts in event planning, we recognize the significance of meticulous preparation and execution. However, when a critical infrastructure project receives approval, it marks a pivotal moment in shaping our future. Today, we shine the spotlight on Lihangin Wind Energy Corp.'s recent transmission project approval, which promises to boost renewable energy in Northern Samar.

A Glimpse into the Future San Isidro Wind Power Project

Envision a future where sunsets are no longer marred by the hum of fossil fuels. The 206.25-megawatt San Isidro wind power project, set to start commercial operations by February 2026, is a step towards achieving this vision. With Lihangin's transmission project approval, this ambitious venture will become a reality.

Understanding Transmission Projects

So, what does it take for a transmission project like Lihangin's to get off the ground?

Point-to-Point Limited Transmission Facilities Lihangin will develop transmission facilities connecting their San Isidro wind power project to the Visayas grid through National Grid Corp. of the Philippines' (NGCP) Calbayog substation.
Estimated Cost The project is expected to cost P2.18 billion, a significant investment in the region's energy infrastructure.
Timeline Construction will begin once the San Isidro substation is completed, with a planned completion date by February 2026.

Key Players

Behind this groundbreaking project are some of the industry's most prominent players

Lihangin Wind Energy Corp. A joint venture between Cebu-based Vivant Energy Corp., Aboitiz Renewables Inc., and Vena Energy, a renewable energy company headquartered in Singapore.
National Grid Corp. of the Philippines (NGCP) The project's transmission partner, responsible for connecting the wind power project to the Visayas grid.

Market Reaction

The news has sent shares soaring! Aboitiz Renewables parent Aboitiz Power Corp. saw its stock rise by P0.45 to close at P42.00 each on Friday, while Vivant's last traded at P19.00 apiece on Thursday.

What's Next?

As the energy landscape continues to evolve, it's clear that projects like Lihangin's will play a critical role in our journey towards a more sustainable future. Here are some key takeaways

Renewable Energy is on the Rise With governments and corporations alike committing to reduce carbon footprints, renewable energy is poised for significant growth.
Infrastructure Development Projects like Lihangin's transmission project approval demonstrate the importance of investing in critical infrastructure to support this growth.

Call to Action

As we look to the future, let's take a cue from Lihangin's success story

Plan Ahead Develop a roadmap for your own projects, considering the complexities involved in transmission project approvals.
Invest in Infrastructure Recognize the critical role that infrastructure plays in supporting renewable energy growth and make informed decisions about where to allocate resources.

By embracing these lessons, we can create a brighter future for ourselves, our communities, and the planet. The sunsets of tomorrow are waiting – let's get started!

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.