ACEN to build 1st large-scale floating solar in Philippines’ Laguna Lake

The project will augment the Luzon grid by around 1,000 megawatts.

Philippines’ ACEN entered a renewable energy contract area utilisation deal with the Laguna Lake Development Authority to lease 800 hectares of renewable energy areas to develop the first large-scale floating solar project in Laguna Lake.

In a statement, ACEN said the project which will be built on the largest freshwater lake in the Philippines could add around 1,000 megawatts of energy capacity.

ALSO READ: ACEN, Indigenous people to develop 3 GW RE projects in Western Australia

“This initiative is a tangible opportunity for ACEN to adopt new technologies, contribute to the Luzon grid, and bolster the Philippines’ energy self-sufficiency while tackling the critical issue of climate change,” said ACEN President and CEO Eric Francia.

ACEN aims to have 20 gigawatts of renewable energy capacity by 2030 and reach a 100% renewable portfolio by 2025.

Follow the link for more news on

ACEN

Also Read

ADB grants $15m to boost Tajikistan’s grid upgrade

Eco Wave enters Asian market with onshore wave project in Taiwan

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit