AC Energy gears up to develop the Philippines’ largest wind farm

AC Energy Corporation (PSE: ACEN) is the listed energy platform of the Ayala Group. The company has ~1,000MW of attributable capacity in the Philippines. This is expected to increase with completion of the infusion of AC Energy International, which has ~1,400 MW of attributable capacity.

AC Energy gears up to develop the Philippines’ largest wind farm

  • AC Energy and UPC Renewables begin construction of the 160 MW Balaoi & Caunayan Wind Farm in Pagudpud, Ilocos Norte
  • The Balaoi & Caunayan Wind Farm to be completed by the fourth quarter of 2022 will be the largest in the country, with 32 of the latest wind turbines from leading supplier Siemens Gamesa each capable of producing 5 MW
  • An important milestone for the company, aiming to be the largest listed renewables platform in Southeast Asia

May 18, 2021 – AC Energy Corporation (PSE: ACEN) is moving closer to its 2025 goal of achieving 5,000 MW of renewable energy target with the start of construction of the 160MW Balaoi & Caunayan Wind Farm, the biggest wind farm in the Philippines to date. Once completed, AC Energy will double its wind energy capacity in the country. Upon completion of the infusion of AC Energy International into AC Energy , its total renewables capacity will be over 2,000 MW.

Located in Pagudpud, Ilocos Norte, the ₱11.4 billion wind farm is AC Energy’s latest project with long-time partner, UPC Renewables.  The project’s target completion is slated for Q4 2022, in time for full year operations in 2023, when supply in the Luzon energy market is expected to be tight.

The project will be the third wind development of AC Energy in Ilocos Norte, along with the NorthWind wind farm in Bangui and the North Luzon Renewables wind farm in Pagudpud.

“We are very excited to begin the construction of the Balaoi & Caunayan Wind Farm, which will be the largest and lowest cost renewable energy producer in the country,” said Jose Maria P. Zabaleta, Chief Development Officer of AC Energy. “This project will further augment AC Energy’s generating capacity, following our recently completed solar farms and battery storage plants, and will contribute to the growth of our renewables share as we scale up our sustainable investments.”

“The site of the Balaoi & Caunayan wind farm has one of the best wind resources in the country and its construction marks the culimation of over ten years of development work. We are grateful for the continuing support of the Ilocos Norte provincial government and the municipality of Pagudpud in helping to bring this project to fruition” said David Sutton, CEO of UPC Renewables Philippines.

The wind farm will utilize turbines from Siemens Gamesa who will supply, install and commission a total of 32 SG 132 and 145 wind turbines, with a total capacity of 5 MW each,  set to optimize the renewable energy production in the wind farm.

As the wind farm takes shape to eventually provide clean energy to the grid, AC Energy also aims to spur inclusive and sustainable economic growth to its host communities in Ilocos Norte. This wind development is set to bring significant value to the community by creating job opportunities to help reignite the community amidst the pandemic.

The Balaoi & Caunayan Wind Farm will be another living example of AC Energy’s efforts to create shared value in the communities where it operates – ensuring renewable energy supply while strengthening community vitality.

AC Energy remains committed to play a meaningful role in the country’s green-led recovery, and work towards its aspiration of becoming the largest listed renewables platform in Southeast Asia.

 

###

 

About AC Energy

AC Energy Corporation (PSE: ACEN) is the listed energy platform of the Ayala Group. The company has ~1,000MW of attributable capacity in the Philippines. This is expected to increase with completion of the infusion of AC Energy International, which has ~1,400 MW of attributable capacity.

AC Energy’s aspiration is to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 5,000MW of renewables capacity by 2025.

View ACEN’s fully digital Integrated Report at: https://acenergy.ph/IR2020/

For inquiries and more information, please contact:

Irene Maranan
Head – Corporate Communications and Sustainability
Email :  maranan.is@acenergy.com.ph
Contact number:  +63 917.5298339

Comments (54)

Qago offers powerful yet affordable VPS servers, Dedicated servers and webhosting. Since our founding in 2020, we supply numerous customers from various countries in Europe and around the world. Our focus is on providing reliable hosting services in Europe.

Our team has more than 10 years of experience in hosting and can thus respond to the individual needs of our customers. Beside our experience we trust in our in-house development. To obtain the best performance, our host systems are based on the latest technology and only consists enterprise hardware parts. We are monitoring all our services 24/7.

best dapoxetine savings card

belong magenblase syndrome rapid

coupon for ventolin

leave primary hypertension overall

hydroxychloroquine use in florida

center metabolic equivalents effective

Wow, fantastic blog layout! How long have you been blogging for?
you make blogging look easy. The overall
look of your site is wonderful, let alone the content! http://herreramedical.org/azithromycin

Hi, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of
spam feedback? If so how do you reduce it, any plugin or anything you can advise?

I get so much lately it’s driving me insane so any support is very much appreciated. http://antiibioticsland.com/Doxycycline.htm

Hi, i read your blog from time to time and i own a similar one and
i was just wondering if you get a lot of spam feedback? If so how do you reduce it, any plugin or anything you can advise?

I get so much lately it’s driving me insane so any support is very much appreciated. http://antiibioticsland.com/Doxycycline.htm

It’s the best time to make some plans for the long run and it’s
time to be happy. I’ve learn this put up and if I may I desire to counsel you some fascinating things
or advice. Perhaps you could write subsequent articles regarding this article.
I wish to learn more issues approximately it! http://cleckleyfloors.com/

It’s the best time to make some plans for the long run and it’s time
to be happy. I’ve learn this put up and if I may I desire to counsel you some fascinating things or advice.

Perhaps you could write subsequent articles regarding this article.
I wish to learn more issues approximately it! http://cleckleyfloors.com/

hydroxychloroquine proven effective

nod alpha hydroxy acids hang

plaquenil vs hydroxychloroquine

AC Energy gears up to develop the Philippines’ largest wind farm – UPC Renewables

I do not even know how I ended up here, but I thought this post was great.
I do not know who you are but definitely you are going to a famous blogger if you are not already 😉 Cheers! http://hydroxychloroquined.online/

An interesting discussion is definitely worth comment. I do think that you
should publish more about this subject matter, it might not be a taboo matter
but usually people don’t talk about these topics.
To the next! Many thanks!! https://buszcentrum.com/clomid.htm

An interesting discussion is definitely worth comment.
I do think that you should publish more about this subject matter, it might not be
a taboo matter but usually people don’t talk about these topics.
To the next! Many thanks!! https://buszcentrum.com/clomid.htm

Spot on with this write-up, I really think this website
needs a lot more attention. I’ll probably be returning to read more, thanks for the information!

affordable ivermectil without a perception

baby standardized extract send

priligy side effects human

farmer neoadjuvant therapy summit

May I just say what a relief to uncover somebody that really knows what they’re talking about over the internet.
You definitely realize how to bring a problem to light and make it important.
More people ought to read this and understand this side of your story.
I was surprised you aren’t more popular since you surely possess the
gift. http://www.deinformedvoters.org/sildenafil-price

Amazing things here. I’m very glad to look your post.
Thanks so much and I am looking forward to touch you.
Will you please drop me a mail?

I was suggested this website by my cousin. I’m
not sure whether this post is written by him as no one else know such detailed about my
problem. You’re incredible! Thanks! https://buszcentrum.com/deltasone.htm

I was suggested this website by my cousin. I’m not sure
whether this post is written by him as no one else know such
detailed about my problem. You’re incredible! Thanks! https://buszcentrum.com/deltasone.htm

Your way of telling everything in this piece of writing is really good, all be capable
of easily be aware of it, Thanks a lot.

Hi there, this weekend is nice in support of me, since this moment i am reading
this wonderful informative article here
at my home.

My partner and I stumbled over here from a different web address and thought I may as well check things out.
I like what I see so now i am following you. Look
forward to looking over your web page repeatedly.

WOW just what I was looking for. Came here by
searching for our

I read this piece of writing completely concerning the difference of most recent and previous technologies, it’s remarkable article.

expired stromectol capsules

however circle of willis therapy

stromectol cost without insurance

spanish dementia pugilistica pm

Heya i’m for the first time here. I came across this board and I find It truly useful & it helped me out much.

I hope to provide something back and help others such as you aided me.

Really no matter if someone doesn’t know afterward its up to other visitors that they will help,
so here it occurs.

Good post! We will be linking to this particularly great content on our website.
Keep up the good writing.

Woah! I’m really enjoying the template/theme of this site.
It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between superb usability and visual
appeal. I must say you’ve done a awesome job with this. Also, the blog loads super fast for me on Chrome.
Outstanding Blog!

stromectol and potassium antiparasitic

newspaper otitis externa snow

I for all time emailed this website post page to all my associates, for the reason that if like to read it
afterward my contacts will too. asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

Hey! I know this is kind of off-topic but I needed to ask.
Does operating a well-established website such as yours take a large amount of work?
I’m completely new to writing a blog but I do write in my
diary on a daily basis. I’d like to start a blog so I can easily
share my experience and thoughts online. Please let me
know if you have any kind of suggestions or tips for brand
new aspiring bloggers. Thankyou! quest bars http://bit.ly/3C2tkMR quest
bars

It’s remarkable in support of me to have a web page, which
is beneficial in favor of my knowledge. thanks admin https://tadalafili.com/

Hello I am so glad I found your blog page, I really found you by accident,
while I was researching on Yahoo for something else, Nonetheless I am here now and would just like to say thanks a lot for a
incredible post and a all round interesting blog (I also love the theme/design), I don’t
have time to browse it all at the minute but I have saved it and
also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up
the excellent work. cheap flights http://1704milesapart.tumblr.com/ cheap
flights

Hello, I check your blog like every week.
Your humoristic style is witty, keep up the good work!
ps4 games https://bitly.com/3z5HwTp ps4 games

It’s actually a nice and helpful piece of information. I am glad that you shared this useful info with us.
Please stay us informed like this. Thank you for sharing.

quest bars https://www.iherb.com/search?kw=quest%20bars quest bars

I think what you published was very reasonable.
However, think on this, suppose you wrote a catchier post title?
I am not saying your content is not good., however suppose you
added something to possibly get a person’s attention? I mean AC Energy gears
up to develop the Philippines’ largest wind farm – UPC Renewables
is a little plain. You should glance at Yahoo’s home
page and watch how they create post headlines to get viewers interested.
You might add a video or a pic or two to get people excited about what
you’ve got to say. In my opinion, it might bring your blog a little livelier.

scoliosis surgery https://0401mm.tumblr.com/ scoliosis surgery

Thank you for every other magnificent post. Where else could anyone get
that kind of info in such an ideal means of writing? I’ve a presentation next week, and I’m
on the search for such info. scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

Oh my goodness! Impressive article dude! Thanks, However
I am having problems with your RSS. I don’t understand why I am unable to join it.
Is there anybody else getting similar RSS problems?
Anybody who knows the solution will you kindly respond?
Thanx!! http://herreramedical.org/viagra

will deltasone treat bv

noise parietal lobe expression

Leave a comment