Tuesday, April 22, 2025

P18B floating solar projects seek environmental clearances  

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The Department of Environment and Natural Resources (DENR) through the Environmental Management Bureau (EMB) has scheduled public hearings for the proposed floating solar projects being developed by ACEN Corp. and its affiliate companies.

Filings posted on the EMB website showed ACEN  is developing floating solar power projects with a total capacity of 420 megawatts (MW) and a combined project cost of P18.2 billion.

Hearings are being set for the application by ACEN of environmental clearance certificates (ECCs) for two projects.

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The first is the 280 MW Gigawind1 floating solar power project located on the offshore area of barangays San Juan and Longos, Kalayaan, Laguna and barangays Quinale, Ibaba del Sur and Ibaba del Norte, Paete, Laguna.

The other is   the 140 MW Ingrid2 floating solar power project located on the offshore area of barangay Wawa, Lumban, Laguna.

In notices posted at the EMB’s website, hearings are set on August 1 and 2 this year on ACEN’s  bid for an ECC for the 280 MW Gigawind1 project.

A separate filing said the project is being developed in two blocks with an estimated total project cost of P12 billion.

Construction will  start construction by the second quarter of 2026. The facility will be operational by the fourth quarter of 2027.

A hearing is set on July 31  on the ECC application for the 140 MW Ingrid2 project.

The notice said the  project has an estimated total project cost of P6.2 billion.

Construction will start by the first quarter of 2026. The project will  be operational by the third quarter of 2027.

ACEN as a group, is one of the fastest growing renewable energy platforms in the Asia Pacific.

The company has effectively achieved its goal of reaching 5,000 MW of renewables capacity by 2025, with attributable capacity representing 4,700 MW of installed projects and 1,000 MW of signed agreements or won competitive tenders.

ACEN aims to increase its renewable capacity to 20,000 MW by 2030 to help provide clean, reliable, and affordable energy to more people and to also become a Net Zero greenhouse gas emissions company by 2050.

Apart from the Philippines, ACEN also has projects in Australia, Vietnam, Indonesia, Lao People’s Democratic Republic, India, United States and Taiwan.

 

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