Alsons Consolidated Resources, Inc. is accelerating investments in renewable energy and grid-support technologies as rising electricity demand in Mindanao strengthens the case for additional power capacity across the country.
The listed energy firm of the Alcantara Group said it remains focused on expanding its generation portfolio to help meet growing industrial and commercial demand, particularly in Mindanao, where economic growth continues to outpace the national average.
Citing data from the National Grid Corp. of the Philippines, ACR said power demand in Mindanao is projected to increase by 12.34 percent this year from 2025 levels. Peak demand in the island last year exceeded 2,600 megawatts, while nationwide demand across Luzon, Visayas, and Mindanao topped 19,000 MW.
The company noted that Mindanao’s economy grew 4.69 percent in 2025, faster than the national average of 4.4 percent, based on figures from the Philippine Statistics Authority. Five of the island’s six regions also ranked among the country’s 10 fastest-growing regional economies.
“As the economy expands, the need for reliable and adequate electricity becomes even more critical in supporting industries, infrastructure, investments, and communities,” said Antonio Miguel Alcantara.
ACR said it is advancing several renewable energy projects, including the 75-MWac Bawing Solar Power Plant in General Santos City and the 98.7-MWac SPPC Solar facility in Sarangani, which involves converting a former diesel-fired plant into a solar energy facility. The first 45-MW phase of the SPPC project secured offtake under the government’s Green Energy Auction Program.
The company is also studying hybrid technologies and battery energy storage systems for its conventional plants in Zamboanga and Iligan to improve operational flexibility and competitiveness in the energy and reserve markets.
The shift reflects a broader transition in the Philippine power sector as energy firms balance rising electricity demand with investor and regulatory pressure to expand cleaner generation sources.
