ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
ACEN partnered with Power Factors to help manage its solar and wind capacity to improve its capabilities and efficiencies as it attains its 5,000-megawatt (MW) renewable energy development target.
ACE has nearly 590MW solar and wind capacity, being monitored by Greenbyte. Of which 18MW are in Negros Oriental, 80MW in Negros Occidental, and 45MW in Negros Occidental.
The other 63MW are in Zambales, 120MW in Laguna, 54MW in Guimaras, 133MW in Ilocos Note, and 75MW in Indonesia.
“ACEN’s share of renewables capacity is already one of the highest in the region, standing at 87% today,” Gabino Ramon Mejia, ACEN Executive Director and Head of Plant Operations in the Philippines, said.
“We look forward to achieving the highest levels of performance optimization as we transition into a purely renewables company and realize our Net Zero aspirations by 2050.”
The partnership with Greenbyte will also see the integration of its solution in ACEN’s 4MW Bataan RE Tech Hub, which will test energy and storage technologies ahead of large-scale deployment.
ACEN is operating in the Philippines, Vietnam, Indonesia, India, and Australia. It has set a target of 5,000MW of renewables capacity by 2025. It currently has 18,000 MW of renewable projects in its pipeline.