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ACEN to energize P48-B Laguna Lake projects by 2027
The Philippine Star
|August 22, 2024
Ayala-led ACEN Corp. is powering up P47.89 billion worth of floating solar projects across Laguna Lake by 2027 to provide an energy boost to the Luzon grid.
Based on filings with the Department of Environment and Natural Resources-Environmental Management Bureau, the large-scale solar venture has a combined capacity of 1,120 megawatts peak (MWp). ACEN, through AC Subic Solar Inc., is gearing up to construct a 280-MWp project in the municipalities of Victoria and Sta. Cruz in Laguna.
The project covering 200 hectares of lake surface consists of two blocks with an estimated cost of P6.25 billion apiece.
AC Laguna Solar Inc. is also set to construct a 280MWp solar project consisting of two blocks occupying 200 hectares of lake surface in Victoria and Pila.
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