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AC Energy Corp. has started the construction of the 160 megawatts (MW) Balaoi and Caunayan wind farm in Pagudpud, Ilocos Norte.
The company said the P11.4 billion project in partnership with UPC Renewables is set to be the biggest wind farm in the Philippines to date.
The project is targetted for completion in ther fourth quarter next year, in time for full year operations in 2023 when supply in the Luzon energy market is expected to be tight.
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It is also set to be the third wind development of AC Energy in Ilocos Norte along with the 52 MW NorthWind wind farm in Bangui and the 81 MW North Luzon Renewables wind farm in Pagudpud.
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