ACEN, the Ayala Group’s renewable power platform, is strengthening its portfolio with the development of the 300-megawatt (MW) Palauig 2 photo voltaic farm in Zambales.
The plant is anticipated to provide over 450 gigawatt hours (GWh) of unpolluted power yearly. Along with the 90 GWh output of Palauig 1 Photo voltaic, the ability provide corresponds to about 139,000 households and avoids 350,000 tons of CO2 emissions yearly.
The price of the brand new improvement, together with building of the 1,200 MW transmission line, was estimated at 16 billion pesos.
As well as, 540 MWp (megawatt peak) high-efficiency photo voltaic modules can be equipped by module producer Seraphim, described as a world-class producer of photo voltaic merchandise primarily based in China.
“This growth of our photo voltaic services in Palauig comes at an thrilling time for ACEN’s Philippine operations as we depend on our core market to drive our power transition efforts within the area this 12 months and the necessity to proceed this accelerated tempo towards Sustaining the exponential development within the renewable power area is excessive on our agenda,” mentioned Jose Maria Zabaleta, ACEN’s Chief Improvement Officer.
Palauig Photo voltaic goals to realize a 35 p.c share of renewable power in its energy era combine by 2030.
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