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AppleOne diversifies into renewable energy
The Freeman
|July 19, 2025
Cebu-based AppleOne Group has made its first major foray into the renewable energy (RE) sector with the establishment of Astronergy, a new subsidiary focused on solar power generation.
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The move marks a strategic diversification for the real estate and healthcare developer, aligning with the Philippines’ broader energy transition goals.
Astronergy’s maiden project is a solar farm in Zamboanga del Norte, Mindanao, spanning approximately 25 hectares and equipped with 10,000 solar panels.
The facility is expected to produce 7 megawatts of direct current in its initial phase. Electricity generated will be supplied to the regional grid under a power purchase agreement with the Zamboanga del Norte Electric Cooperative, Inc. (ZANECO).
Bu hikaye The Freeman dergisinin July 19, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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