AC Energy Corp. said in a press release on Wednesday that it has started work on its 160-megawatt (MW) wind farm in Pagudpud, Ilocos Norte, which would be the country’s biggest wind farm to date.
The P11.4 billion “Balaoi & Caunayan” wind farm, led by Ayala, is the company’s third wind energy construction in the northern province, following the 52-MW NorthWind wind farm in Bangui and the 81-MW North Luzon Renewables wind farm in Pagudpud.
It will build the project in collaboration with green energy developer UPC Renewables. The wind farm, once built, would be the “largest of its type in the Philippines to date,” according to the company.
“Once built, AC Energy would more than double its wind energy ability in the country,” the company said of the Balaoi & Caunayan plant.
The farm, which will supply electricity to the Luzon energy sector, is expected to be completed by the fourth quarter of next year.
Siemens Gamesa, a wind turbine provider, will supply 32 wind turbines with a total capacity of 5 MW for the plant.
The plant, according to AC Energy Chief Development Officer Jose Maria P. Zabaleta, would boost the company’s generating ability and add to its renewables portfolio as it steps up its environmental investments.
“The Balaoi & Caunayan wind farm site has one of the best wind resources in the world, and its construction represents the result of over ten years of development work,” said David Sutton, Chief Executive Officer of UPC Renewables Philippines.
“We are thankful for the ongoing cooperation of the regional government of Ilocos Norte and the municipality of Pagudpud in bringing this initiative to fruition,” he said.
AC Energy aims to become the region’s largest listed site, with a net attributable potential of 5,000 MW by 2025.