ALSONS POWER Group, the ability business unit of the Alcantara Group, is preparing to roll out its energy projects, including its first large-scale solar energy project in Mindanao.
“As Alsons Power enters 2025, the corporate is poised for growth with the simultaneous implementation of multiple projects, including the launch of its first large-scale solar energy project in Mindanao,” the corporate said in a media release on Thursday.
“With a give attention to renewable energy, enhanced operational systems, and collaboration across the organization and its parent company — the Alcantara Group — Alsons Power is well-placed to fulfill its goals and contribute to addressing the rising demand for energy within the country,” it added.
Alsons Power said it plans to launch its first large-scale solar energy plant in the primary half of 2025.
“We’re rapidly advancing our solar energy initiatives and remain committed to strengthening our project pipeline,” said Alsons Power Chief Executive Officer Antonio Miguel B. Alcantara.
Adding to the pipeline of projects are the event of the 37.8-megawatt (MW) Sindangan-Zambo River Power Plant and the 53-MW Bago Hydro Power Plant, each slated for construction this yr.
For conventional plants, the corporate said that the primary phase of its 95.2-MW Bohol In-Island Diesel Power Station, situated within the municipality of Ubay, is nearing completion, marking its strategic expansion outside Mindanao.
“This project will capitalize on opportunities within the Wholesale Electricity Spot Market and the ancillary reserve market over the following three to 5 years, until additional plants are developed to handle demand-supply gaps within the region,” Mr. Alcantara said.
In 2024, the corporate accomplished its 14.5-MW Siguil Hydro Power Plant in Maasim, Sarangani—its first foray into renewable energy.
Moving forward, Alsons Power said it’s specializing in “significantly expanding its market share” within the Retail Competition and Open Access market, a government program that enables customers to decide on their electricity supplier.
“We’re committed to strengthening our market presence and expanding our power asset portfolio,” Mr. Alcantara said.
Alsons Power, which claims to be Mindanao’s first independent power producer, has a portfolio of 4 power plants with a combined capability of 468 MW. — Sheldeen Joy Talavera
