It was announced on Tuesday that the AC Energy Corp.’s 120-megawatt (MW) solar farm in Alaminos, Laguna, has begun commercial operations and is currently providing renewable energy to the national grid.
The Ayala-led listed company advertises “GigaSol Alaminos” as the country’s second biggest plant of its type, claiming that it can power about 80,000 households while avoiding 111,034.37 metric tons of carbon dioxide equivalent greenhouse emissions.
“As power supply remains tight, we are delighted to add much needed capacity to the grid,” said AC Energy President and CEO John Eric T. Francia.
AC Energy also said that it collaborated with Green Antz Builders Inc., a supplier of construction and housing solutions, to collect 32,540 kilos of plastic from the solar panel packing materials. The plastic trash was then recycled into eco-bricks and integrated into plant construction facilities.
GigaSol Alaminos is a tree nursery with a three-year goal of producing 120,000 seedlings. Ayala Land, Inc.’s Carbon Forest, a forest reserve that serves as a “carbon trap,” surrounds it.
“AC Energy’s strong pipeline of projects enables it to play a key part in the green-led recovery, which is especially important as the economy progressively reopens and demand for electricity rises,” Mr. Francia added.
AC Energy aims to become the region’s biggest listed renewables platform, with a goal attributable capacity of 5,000 MW by 2025.
As of May, the company’s power assets in the Philippines had a net attributable capacity of 1,200 MW, with renewables accounting for more than half (56%) of that capacity.