ACEN signs deal to lease 800 hectares of Laguna Lake for floating solar site

ACEN said the agreement marks a pivotal step toward the development of a groundbreaking large-scale floating solar project. It also forms part of ACEN’s commitment to incorporating emerging technologies into its renewable energy portfolio.

“We are committed to expanding our clean energy assets while addressing land scarcity. This initiative is a tangible opportunity for ACEN to adopt new technologies, contribute to the Luzon grid, and bolster the Philippines’ energy self-sufficiency while tackling the critical issue of climate change,” Francia said.

ACEN applied for solar energy operating contracts for eight blocks of 100 hectares each in the southern and eastern sections of the lake with the Department of Energy.

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