ACEN injects P1.15 billion into unit for Zambales solar project (opens original article in a new tab)

ACEN invests P1.15 billion in a unit for a solar project in Zambales, part of its renewable energy expansion. The project, initially 300.011 MWp, may expand to 420 MWp with a battery storage system. The investment is part of ACEN's P80 billion capital expenditures for renewable energy projects.

• ACEN invests P1.15 billion in Giga Ace 8 for a 300.011 MWp solar project in Zambales.
• The project may expand to 420 MWp with a battery storage system, increasing estimated investment to P26 billion.
• ACEN's renewable energy portfolio in the Philippines includes 1,495 MW of solar capacity as of end-March.