ALI taps clean energy from AC Energy

BY LENIE LECTURA – NOVEMBER 1, 2021
from Business Mirror

AC Energy Corp. (ACEN) will supply clean energy to Ayala Land Inc. (ALI) until 2050, the power firm said last week.

ACEN and ALI signed a power supply agreement last week for ACEN’s 120-megawatt solar plant in Alaminos, Laguna to supply renewable energy (RE) that will help meet ALI’s demand up to 2050.

“ACEN commits to being at the forefront of energy transition, working alongside with our partners,” said Eric Francia, ACEN President and CEO. “We are happy to work with Ayala Land on this important initiative that will help the Ayala group achieve net zero greenhouse gas emissions by 2050.”

Alaminos Solar is one of the country’s largest solar farms with 120 MW of renewables capacity and the first-ever solar storage hybrid locally.

Prior to the power supply agreement, the two companies have jumpstarted their synergies in Alaminos through ACEN’s pioneering Sustainability Hub, where Alaminos Solar is surrounded by Ayala Land’s Carbon Forest, a woodland reserve that acts as a carbon trap and home to biodiversity.

ACEN partnered with Green Antz, a company that also operates ALI’s plastic recycling facility at the Arca South Ecohub, to pilot the circular approach in the Sustainability Hub and integrate a plastic waste management system.

A total of 32,540 kilograms of plastic collected from the solar panel packaging materials in the project construction site, the equivalent of about 25 compact size cars, have been diverted from landfills to be upcycled into eco-bricks and used in building facilities within the plant.

ACEN envisions to recreate the Sustainability Hub and close the loop through the development of Community Eco Hub recycling facilities within its project locations, fulfilling its goal of protecting the environment, creating jobs to reignite the economy, and engaging its host communities meaningfully while creating clean energy.

With a future Eco Learning Center already underway, ACEN aims to create awareness on various climate action programs such as RE and nature-based solutions through reforestation and biodiversity protection.

“We are pleased that this transaction with ACEN enables us to leverage synergies across the Ayala group and provides a platform to advance our net zero goal,” said Bobby Dy, ALI President and CEO. “As we strive to deepen our commitment to sustainability, we recognize how these efforts contribute to the shift towards a low-carbon future.”