The floating solar projects developed by ACEN Corp. subsidiaries are scheduled for public scoping, or performance review, starting in September, according to the Department of Environment and Natural Resources’ (DENR) Environmental Management Bureau (EMB).
Scoping has to do with assessing private and government sector compliance to the terms of the Paris Agreement limiting global temperature increases to below 1.5 degrees Celsius by tracking and breaking down their emission sources and behavior.
Based on filings at the EMB website, the proposed floating solar projects have a rated capacity of 420 megawatts peak costing P18.75 billion.
The reviews center on the 140-MWp Solar Ace4 Energy Corp. floating solar project and the 280-MWp AC Subic floating solar project both located in Sta. Cruz, Laguna.
The EMB said the public hearings on the 280-MWp AC Subic project are set to begin on 18 September this year.
Its developer said the estimated project cost is P6.25 billion per block or a total P12.50 billion. Construction is scheduled to begin in the third quarter of 2025 and targets commercial operation by the first quarter of 2027.
Earlier this month, two other ACEN Corp. affiliated floating solar facilities in Laguna with a total capacity of 420 MWp and costing a combined P18.2 billion underwent public scoping
ACEN’s Gigawind1 Inc. is pursuing a 280-MWp floating solar project as does Ingrid 2 Power Corp. with its 140-MWp floating solar project.
The former costs an estimated P12 billion with plans to start construction in the second quarter of 2026 and operational by the fourth quarter of 2027 while the latter is estimated to cost P6.2 billion
Construction for this project begins early in 2026 and should be operational by the third quarter of 2027.
