Alternergy Holdings Corporation (Alternergy) announced that the Provincial Development Council (PDC) of the Province of Quezon has issued its thumbs up to the development of its Alabat Wind Power Project on the island of Alabat, Quezon. The Quezon Provincial Development Council noted that the Alabat Wind Power Project "is seen to be beneficial to the socio-economic development of the province and its constituent" consistent with the province's vision and mission of a progressive Quezon Province through optimized utilization of resources and provision of infrastructure and support services. The endorsement from the PDC is one of the remaining pre-construction clearances for the Alabat Wind Power Project, which is expected to issue Notice to Proceed construction by 2nd half of 2024.

Alternergy is accelerating the development of its wind power projects, the Alabat and Tanay Wind Power Projects, with a capacity of up to 164 MW, both recently awarded under the Green Energy Auction 2 (GEA 2) Program of the Department of Energy (DOE).