Sep 30, 2024· Alsons Consolidated Resources Corp. is preparing for an increase in power demand in Mindanao and mitigate any shortage in the next four to five years, a Search. 28.1 C. Philippines "We''re committed to developing new power plants with a strong focus on renewable energy while optimizing our existing conventional power assets," he said.
Nov 29, 2023· Earlier this year, ACR received an Issuer Credit Rating of PRS Aa minus from the Philippine Rating Service Corporation in relation to the company''s P3.0 billion Commercial Paper program. ACR is committed to strengthening its renewable energy projects, aiming for at least 50% of its energy mix to come from renewable sources.
Feb 23, 2016· Alsons Renewable Energy Corp. (AREC), a subsidiary of Alsons Consolidated Resources Inc., has earmarked US$650 million to pursue investments in hydro and solar
Dec 7, 2023· Alsons Power Group, the power generation arm of the Alcantara Group, is a key player in the energy market in Mindanao, operating four power facilities with a total combined capacity of 468 megawatts. As part of its strategic initiative to broaden and diversify its portfolio, the company is now venturing into renewable energy.
Nov 11, 2018· Alsons Consolidated Resources, Inc. (ACR) today listed an initial P100 million of the company''s P2.5 billion Commercial Papers with the Philippine Dealing and Exchange Corporation (PDEx) to provide interim funding that will help the company''s foray into the renewable energy (RE) sphere.
Jan 16, 2020· Alsons Thermal and Hydro Plants - President Rodrigo Duterte presided over ceremonies inaugurating the second unit of Alsons Power''s 210– megawatt Sarangani Energy Corporation
Aug 19, 2024· Alsons Consolidated Resources Inc. (ACR), a publicly listed company under the Alcantara Group, reported strong financial results for the second quarter of 2024, with a net income of ₱585 million, a 22% increase from the first quarter''s ₱479 million. This brings the company''s total income for the first half of the year to ₱1.06 billion.
May 21, 2024· The National Electrification Administration (NEA) and the Energy Regulatory Commission (ERC), led by NEA Administrator Antonio Mariano Almeda and ERC Commissioner Atty. Alexis Lumbatan, recently visited Alsons Power Group''s Siguil Hydro Power Corporation''s 14.5-megawatt run-of-river hydroelectric facility in Maasim, Sarangani, on May 17.
Nov 29, 2023· One of the firm''s renewable energy plants is the 14.5 megawatt Siguil Hydro power plant which is currently under construction in Maasim, Sarangani Province, and is set to begin operations before the end of this year. The company earlier this year sustained its "stable outlook" rating from the Philippine Rating Services Corp.
Aug 2, 2024· The Group is actively expanding its renewable energy portfolio, with several solar and hydropower projects at various stages of development. Currently, Alsons Power is gearing up for the commercial launch of its first foray into the renewable energy landscape—the 14.5-megawatt Siguil Hydro Power Plant in Maasim, Sarangani.
Nov 25, 2019· INVESTING IN RENEWABLE ENERGY. Alsons Consolidated Resources, Inc. (ACR) Director Nicasio Alcantara showa to President Rodrigo Duterte the scale model of the Siguil Hydro Power Corporation''s 14.5-Megawatt Hydropower Project during its launch in Maasim, Sarangani Province on November 22, 2019.
Sep 23, 2024· While not exactly turning its back on fossil fuel-based conventional technologies, Alcantara-led Alsons Power Group will be pursuing wider diversification on its power
May 7, 2024· Alsons Power is a key player in the power generation company in the Mindanao region, providing stable, reliable, and affordable energy to more than eight million people. Currently, the group is focusing on increasing its renewable capacity, with various renewable energy projects at different stages of development.
Jul 31, 2024· The Group is currently enhancing its renewable energy portfolio, which includes a variety of solar and hydropower projects in different stages of development. Alsons Power is preparing for the commercial operations of its inaugural renewable project—the 14.5-Megawatt Siguil Hydro Power Plant, located in Maasim, Sarangani.
Sep 23, 2024· Apart from solar, hydro is the other preference of the company in the renewable energy (RE) development terrain – with its first 14.5-MW Siguil hydropower plant already advancing to commercial operations. Part of the Alsons group''s strategy on reinforcing the plant''s operational efficiency is on "optimizing fuel use to reduce
Nov 21, 2022· Alsons Consolidated Resources Inc., (ACR) posted an 18% increase in net earnings for the first nine months of 2022, to ₱1.35 billion from the ₱1.14 billion ACR''s 210 mega-watt (MW) Sarangani Energy Corporation (SEC) baseload power plant continued to be the key revenue and income driver for the company. ACR is now focused on
Mar 15, 2024· Santillan also led Alsons Power''s inaugural renewable energy (RE) project—the 14.5-MW Siguil Hydro Power Corporation (SHPC), which is set to begin commercial operations this year. This is one of the group''s contributions to achieving the Philippines RE power generation mix targets of 35% by 2030 and 50% by 2040.
Feb 7, 2023· The company is now focused on building up its renewable energy capacity in the next few years, with around eight run-of-river hydroelectric power facilities in the company''s pipeline. The first of these hydroelectric power plants is the 14.5 mega-watt (MW) Siguil Hydro power plant currently under construction in Maasim, Sarangani Province
Aug 2, 2024· ALSONS POWER SUPPLY CORPORATION. RES License Number: 02-2023-0093RS. Advance your sustainability goals with our renewable energy sources. Depending on availability, our renewable energy offering aims to provide seamless transition towards a greener future. Sarangani Energy Corporation is a 220-megawatt baseload coal-fired power plant in
Oct 1, 2024· These projects aim to contribute to the country''s goal of reaching a 35% renewable energy share by 2030 and 50% by 2040," Alcantara said. Recently, Alsons Power completed its first foray into the renewable energy landscape with the 14.5-megawatt run-of-river Siguil Hydro Power Plant in Maasim, Sarangani Province.
Nov 17, 2020· Power firm Alsons Consolidated Resources Inc (ACR) is set to raise P3 billion from an offering of commercial paper to fund their first renewable energy project, it told the stock exchange on Tuesday.
Alsons Power Group | 6,150 (na) tagasubaybay sa LinkedIn. Committed to providing safe, reliable and affordable energy to the island of Mindanao and the rest of the Philippines. | The Alsons Power Group is Mindanao''s first and most experienced private sector power generator. Alsons Power is the umbrella brand that groups together all the power business affiliates of the
Sep 1, 2017· Alsons Consolidated Resources, Inc. (ACR) – the publicly-listed company of the Alcantara Group, approved an investment of up to P 1 Billion into the 15.1 Mega Watt (MW) Siguil Hydro Power Project through its subsidiary Alsons Renewable Energy Corporation (AREC) -the direct owner of the project company -Siguil Hydro Power Corporation (SHPC).The P 3.7 Billion
For information on doing business with Alsons Power Group or any of our power companies, feel free to reach out. What you have to say is important to us. Sarangani Energy Corporation Kamanga Agro Industrial Economic Zone, Barangay Kamanga, Maasim, Sarangani Province 9502 Philippines Tel: +6383 263 1003
Nov 11, 2018· The company will be investing P4.25 billion for the 15.1 megawatt (MW) run-of-river hydroelectric power project (HEPP) at the Siguil River basin in Maasim, Sarangani Province.
The Alsons Power Group forges mutually beneficial and value-adding partnerships with our stakeholders in every community where we operate. Withing the vicinity of ACR''s Sarangani Energy Corporation baseload coal-fired power plant, Sarangani Energy Corporation and the Alcantara Foundation are engaged in one of the largest watershed
Sep 18, 2023· Balisacan underscored the importance of expertise, resources, and innovation of companies like the Alsons Power Group to address pressing social and environmental challenges. (through) for renewable energy because if we don''t get those sustainable development initiatives with the help of the private sector, (we) might as well kiss goodbye
Sep 23, 2024· With a generating capacity of over 460 MW, Alsons Power is dedicated to unlocking potential and driving progress in Mindanao and beyond. Serving over eight million people across the Island, the company is also expanding its renewable energy portfolio with various hydro and solar projects at different stages of development and implementation.
Sep 6, 2023· The company now sets its sights on achieving a roughly 60:40 ratio of renewable to non-renewable capacity balance across its portfolio. The Siguil Hydro Power Corporation, now currently making remarkable strides in the development of its 14.5 Megawatt (MW) hydroelectric station in Maasim town, is the first of the group''s plans to deploy about
Apr 29, 2024· Central to its brand promise, Alsons Power places a strong emphasis on environmental sustainability. As a steward of the environment, the Group is committed to reducing its carbon footprint, enhancing energy efficiency, championing renewable energy, and ensuring compliance and adherence to environmental standards.
Jun 20, 2023· ALSONS Consolidated Resources Inc. (ACR) said on Monday, June 19, 2023, that it sees its focus on renewable energy (RE) going into full throttle with the company''s first energy plant — a 14.5 mega-watt hydroelectric plant in Sarangani Province, which it targets to begin operations before the end of 2023, and the start of construction of three more RE plants in 2024.
Nov 11, 2018· The Alsons Consolidated Resources, Inc. (ACR), a publicly-listed company of the Alcantara Group with subsidiaries engaged in power generation among others, recently "listed an initial P100 million of the company''s P2.5 billion Commercial Papers with the Philippine Dealing and Exchange Corporation (Pdex) to provide interim funding that will help the company''s foray
Sep 20, 2023· Now currently making remarkable strides in the development of its hydroelectric station, SHPC sets the stage for future projects that will further enhance Alsons Power''s renewable energy portfolio. The Alcantara-led power firm plans to deploy about 200 MWs of hydroelectric power and 400 MWs of solar energy across various regions, with a
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