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January 7, 2022

AC Energy Philippines Solar PV Park II, Philippines

By Carmen

AC Energy Philippines Solar PV Park II is a 75MW solar PV power project. It is planned in Central Luzon, Philippines. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 75 75 Announced Central Luzon, Philippines AC Energy

Description

The project is being developed and currently owned by AC Energy. The company has a stake of 100%.

AC Energy Philippines Solar PV Park II is a ground-mounted solar project.

The project cost is expected to be around $59.59m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

About AC Energy

AC Energy Corporation (AC Energy) formerly is a renewable power generation company. The company owns, develops and operates geothermal, wind and solar energy plants. ACEPH is engaged in power generation, supply and trading; oil and mineral exploration, development and production. The company’s project portfolio includes Guimaras wind farm, Maibarara geothermal plant, and multiple thermal power units to supply ancillary power to the grid across Luzon and Visayas regions. The company works in partnership with retail electricity suppliers and other contractors in the geological and geophysical evaluation and engineering projects. AC Energy is headquartered in Makati, Manila, the Philippines.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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