Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

SN AboitizPower to build 80-MW battery energy storage in Benguet

SN AboitizPower to build 80-MW battery energy storage in Benguet – BusinessWorld Online


      
      
      
      
      








Binga Hydro, Itogon, Benguet — ABOITIZPOWER.COM

SN ABOITIZ POWER (SNAP), a joint venture between Aboitiz Renewables, Inc. and Norwegian firm Scatec ASA, is set to begin construction of an 80-megawatt (MW) battery energy storage system (BESS) in Benguet.

In a statement on Wednesday, Aboitiz Power Corp. (AboitizPower) said it had reached financial close for two BESS projects: a 40-MW system at the Binga hydroelectric power plant and a 40-MW system at the Ambuklao hydroelectric power plant.

Co-located with SNAP’s existing hydro facilities, both projects are designed to provide power reserves to the Luzon grid through the reserve market.

The facilities are targeted to begin commercial operations later this year.

Once completed, SNAP’s total BESS capacity in operation and under construction will rise to 160 MW.

The new capacity adds to SNAP’s growing energy storage portfolio, including the 24-MW BESS at the Magat Hydroelectric Power Plant, which has been providing ancillary services since 2024.

A BESS stores electricity from the grid and releases it when needed to augment supply or improve power quality, helping stabilize the grid and manage fluctuations in renewable energy generation.

“As the Philippines continues to scale up renewable energy under its energy transition goals, the need for flexible and reliable ancillary services is expected to grow,” the company said.

Aboitiz Renewables, the renewable energy arm of AboitizPower, said it aims to help the group reach its renewable energy target of 4,600 MW by 2030.

“Through continued investments in hydro, battery energy storage, and other renewable technologies, Aboitiz Renewables and SNAP are advancing a more resilient and flexible portfolio that supports long-term energy security and sustainability,” the company said. — Sheldeen Joy Talavera

CEDTyClea





    You May Also Like

    Stock Markets

    Families enjoying and spending quality time at the Quezon Memorial Circle park grounds in Quezon City on Sunday, Jan. 4, 2026.— PHILIPPINE STAR/MIGUEL DE...

    Stock Markets

    Xiaomi names SB19 as official ambassadors of REDMI Note 15 Series in PHL – BusinessWorld Online                                    ...

    Stock Markets

    Filipino workers are expected to benefit from better-quality socialized housing following the government’s approval of higher price ceilings for socialized subdivision and condominium projects,...

    Stock Markets

    BANGKO SENTRAL NG PILIPINAS Governor Eli M. Remolona, Jr. attends a seminar during the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, April...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.