Deal #10892

The project has two phases. Phase 1, completed in 2024, includes 27 turbines with 3MW capacity. Meanwhile, on July, 2022, it was announced that a Phase 2 of the project was going to be completed in the same area. The phase 2 of the project added 14 turbines with 5MW capacity, increasing the overall capacity of the wind farm. All the turbines are spread across 625 hectares of a forest reserve, but the size in operation reported here, refers to the amount of space taken by turbines alone. Source: www.upcrenewables.com, nlr.com.ph/about, www.siemensgamesa.com, hwww.power-technology.com & business.inquirer.net

Area refers as to the area in which the turbines are spread, rather the amount of area they take. Source: www.acenrenewables.com Project waslistedin the impact/GOLD registry starting on July 2022

Phase I of the project reduces 144,000tCO2 per year as of Dec 2023 and has been Gold Standard Certified since 2015. Phase 2 would reduce an additional 130,000 tCO2 per year, but has not yet been certified, or at least there is no data available on this information yet. Source: www.acenrenewables.com

About Phase 1: "John Eric Francia, the president of the AC Energy Holdings Inc., said the 81MW Caparispisan Wind Farm was completely commission by the Energy Regulatory Commission (ERC) on November 11, 2014 upon the nomination of the Department of Energy (DOE)." (news.pia.gov.ph) About Phase 2: Capa Wind, ACEN’s fourth wind farm in Ilocos, will help deliver our supply commitments secured under the first round of the Department of Energy’s Green Energy Auction Program. (www.acenrenewables.com & Notice of Award : List of Winning Bidders for the GEA-1, PDF)

Phase 1 was completed on November 2014 and Phase 2 was intended to be completed on 2024. Source: www.acenrenewables.com & www.siemensgamesa.com On February 2020, AC Energy acquiried majority stake in the company and now controls the wind farm.

Phase 1 is operational, Phase 2 it unknown. Some sources indicate is not yet connected to the electrical grid. Source: gem.wiki & www.siemensgamesa.com

Here its included the amount of money invested on the Phase 1 of the project. As for the Phase 2, it was announce that the project would have a value of 6 Billion Philippine pesos, but more precise data was not found. Source: news.pia.gov.ph & business.inquirer.net