AC Energy Corp, a unit of Ayala Corporation, has started the construction of its 283 MW solar photovoltaic project in the municipality of San Marcelino in Zambales, Philippines.
ACEN’s San Marcelino solar farm will feature the latest solar technologies such as east-west oriented panels and string inverters to capture solar radiation more efficiently. The company, through its wholly owned subsidiary, Santa Cruz Solar Energy, Inc. as project owner, has tapped Power Construction Corporation of China Ltd. and PowerChina Philippines Corporation as the Engineering Procurement and Construction (EPC) contractors for the project.
The solar farm will be installed on approximately 300-hectares of unutilized land covered by lahar, effectively converting the area to a sustainable energy source, and has an expansion potential of up to 700 MW.
The project will bring significant value to the local community with up to 500 direct jobs during the construction period and is expected to complete by the first half of 2023.
The Aboitiz Power Corporation (AboitizPower) in the Philippines plans to construct close to 1000 megawatt (MW) solar and wind energy facilities in the Philippine province of Pangasinan.
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The Philippine National Oil Company (PNOC) is seeking a joint-venture partner to design, build, finance, operate and maintain a liquefied natural gas (LNG) hub in Batangas Bay, located in Batangas province on the Luzon island of the Philippines. The project could cost up to US$2 billion.
Read moreAP Renewables, Inc. (APRI), a wholly-owned subsidiary of AboitizPower, has signed a Geothermal Resources Supply and Services Agreement (GRSSA) with the Philippine Geothermal Production Company, Inc. (PGPC) to expand the Tiwi and MakBan Geothermal Complex, which has an installed capacity of nearly 750 MW.
Read moreSK Engineering & Construction (SKE&C), subsidiary of South Korean conglomerate SK Group, has signed a Letter of Intent (LOI) with the Government of the Philippines to build two 600 MW coal-fired power plants on Luzon island at an estimated cost of KRW2.2 trillion (US$1.98 billion).
Read moreSK E&S, a subsidiary of Korean conglomerate SK Group, has signed a Letter of Intent (LOI) with the Department of Energy of the Philippines proposing the construction of liquefied natural gas (LNG) infrastructure worth US$1.7 billion. In addition, Phoenix Petroleum and China National Offshore Oil Corp (CNOOC) have signed a Memorandum of Understanding (MOU) to develop LNG projects in the country.
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