The results, the company specified in its annual report, was encouraging; having exhibited moderate wind regime potential.
The site, which has been surveying in Guimaras alone has possibility of 54 megawatts.
In 2008, Trans-Asia applied with the U.S. Department of Energy (DoE) for pre-commercial contracts, which allowed it to evaluate prospective 37 wind sites. Wind measurements are due in 10 priority areas in 2009.
The approval of the Renewable Energy Act in December 2008 keep up Trans-Asia’s interest to change its attention into investing in renewable energy resources; primed by the country’s aspirations for energy independence and as part of its contribution to help abate global warming hazards.
Trans-Asia is aggressively seeking opportunities in the area of renewable energy, company president and chief executive officer Francisco L. Viray said.
