Friday 20 July
Powered by Ajaxy
Oct 23, 2017 @ 20:46

AC Energy to complete Indonesia’s first wind project in Q1 2018


Ayala-led AC Energy Holdings Inc. and its partner UPC Renewables Indonesia Ltd. hoping to complete Indonesia’s first wind farm located in South Sulawesi in the first quarter of 2018.

AC Energy said the construction of Indonesia’s first utility-scale wind farm, which has a capacity of 75 megawatts (MW), is almost 70 percent complete.

The joint venture firm has started installing 30 Gwind turbine generators since August this year.

AC Energy has been expanding its footprint in the Southeast Asian region.

Apart from this wind farm project, AC Energy holds a 20 percent stake in Star Energy B.V., which acquired Chevron’s geothermal operations in Indonesia.

Tags: , , , , , , ,

Related Stories
Ayala’s power arm, AC Energy Holdings Inc. is building up its platform in renewable energy,
The energy arm of diversified group Ayala Corp. is investing in a $150 million wind
It all boils down to finding the perfect spot.
The Philippines is among the Top 20 top performing wealth markets in the world over


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.