Deal #10208

Philippines
Created at
2024-01-31
Last update
2025-01-21

Land area

Size under contract (leased or purchased area)
  • [current] 110 ha
Size in operation (production)
  • [2021, current] 105 ha
Comment on land area
The plant is constructed in a 110-hectare property in Barangays San Andres and San Juan, Alaminos, Laguna Province, Philippines. RS analysis indicates the size of 105 ha

Intention of investment

Intention of investment
  • [2021, current] Food crops, Solar park (105 ha)
Comment on intention of investment
Alimanos Solar serves as an agrivoltaic site, which serves as a solar farm and also harvesting food crops.

Carbon offset project

Carbon offset project
Yes
Comment on carbon offset project
Registered under the Gold Registry: 7575 - SolarAce1 Energy Project

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
PDD shared that "ownership can be justified by few documents such as land lease agreement"

Negotiation status

Negotiation status
  • [2020-01, current] Concluded (Change of ownership)
Comment on negotiation status
AC Energy Philippines Inc. is investing nearly P1.9 billion to bankroll a solar plant in Alaminos, Laguna.

Implementation status

Implementation status
  • [2020-10] Startup phase (no production)
  • [2021-06-22, current] In operation (production)
Comment on implementation status
Projects construction began in October 2020 and commissioning date was on June 22, 2021

Contract farming

Contract farming
No