ACEN, CleanTech Launch 133-MW Solar Park in Philippines

• ACEN Corp and CleanTech team up for a 133-MW solar park in North Luzon, boosting the Philippines' renewable energy and local economy.

ACEN Corp, the renewable energy division of Ayala, is set to develop a 133-MW solar park in North Luzon, Philippines, in collaboration with CleanTech Renewable Energy 4 Corp. This project marks a significant step in expanding the country's renewable energy capacity.

The partnership aims to bolster sustainable energy initiatives in the region, contributing to the Philippines' clean energy goals. The solar park will enhance energy security and support the local economy by providing jobs and sustainable power solutions.

How Will ACEN Corp's 133-MW Solar Park Impact North Luzon's Renewable Energy Landscape?

• Increased Renewable Energy Capacity: The 133-MW solar park will significantly boost North Luzon's renewable energy capacity, contributing to the Philippines' target of increasing its renewable energy share in the energy mix.
• Reduction in Carbon Emissions: By replacing fossil fuel-based energy sources, the solar park will help reduce carbon emissions, aligning with global efforts to combat climate change.
• Job Creation: The construction and operation of the solar park are expected to create numerous jobs, providing economic benefits to the local community.
• Energy Security: The project will enhance energy security in North Luzon by diversifying the energy supply and reducing dependence on imported fuels.
• Technological Advancements: The development may encourage the adoption of advanced solar technologies and infrastructure in the region, fostering innovation in the renewable energy sector.
• Community Development: The project could lead to improved infrastructure and community development initiatives, as companies often invest in local communities as part of their corporate social responsibility.
• Increased Investment: Successful implementation may attract further investments in renewable energy projects in the region, promoting economic growth and sustainability.
• Support for National Energy Goals: The solar park aligns with the Philippines' national energy goals, supporting the transition to a more sustainable and resilient energy system.