Thursday, June 26, 2014

Alsons Consolidated Plans Hydroelectric, Solar-Power Projects

plans to build at least 180 megawatts of hydro- and solar-power

dimensions as the oldest electricity generator within Philippine

island of Mindanao allows renewables to its energy sources.

The business is targeting around 160 megawatts of

hydroelectric plants to be disseminate mostly across Mindanao,

Alsons Vp Joseph Nocos said in an nachricht response to

questions. It plans for you to create a 20-megawatt solar power plant within

General Santos City, also ınside the south, which may start

operating as a result of 2016, Alsons said in a exchange filing today.

Alsons plans in order to really more than double capacity to 573 megawatts

by 2019 from 258 megawatts this year, Chief Financial Officer

Luis Ymson said on June different.

Shares of the company rose 4. 2 percent as of the midday noonday noontide, meridian break

in Manila, poised for all the biggest gain since June 8. The stock

has risen fifty nine percent this year.

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