By
Lenie Lectura- November 21, 2017
AC Energy Corp. has
partnered with Kennedy Renewable + Technology Corp. (KRTC) to address
the power shortage and provide the Mindanao State University (MSU) in
Tawi-Tawi with solar-power panels.
“Our company sees
great value in not only providing electricity to far-flung regions of our
country, but also to critical institutions of growth like MSU,” AC Energy
President Eric Francia said. “Partnering with [KRTC] and MSU to stabilize their
campus power supply directly impacts the quality of education that the
school’s students will receive,” Francia added. ”We are excited about the
possibilities energy can provide—especially to the education of our future
generation.”
Seven campus buildings
were outfitted with solar panels, hybrid inverters and
batteries, providing not only 141-kilowatt-hour capacity to
the university, but also energy-storage capability. The system works in tandem
with the local power supply, thereby reducing the impact of electrical
disruptions and lowering the school’s cost of electricity.
AC Energy provided
technical and financial support, while Kennedy acted as the main
developer and engineering, procurement and construction (EPC) contractor
for the project.
“The successful launch
of this project highlights the reality of conglomerates successfully working
with small companies that labor under challenging circumstances to promote
sustainable development,” KRTC Chairman Philip Ella Juico said. “Many more
projects like this will help advance the cause of energy derived from sources
that are replenished by nature.”
Officials emphasized
this renewable source of power enhances MSU’s role, as the only university
in the province, in providing quality education, despite the
inefficiencies in the current local power situation.
In these far-flung
areas, access to electricity is directly linked to access
to education. As the island’s sole institution for higher
education, MSU Tawi-Tawi is now closer to its goal of producing
experts in fisheries and agriculture, which
are key drivers of their local industry.
AC Energy is one of the
fastest-growing businesses of Ayala Corp., with more than $1 billion of
invested and committed capital, with investments in renewable energy (RE) and
conventional power.
AC Energy is positioned
to exceed 2,000 megawatts (MW) of attributable generation capacity and scale up
its RE portfolio to over 1,000 MW by 2020.
AC Energy is expanding
beyond the Philippines and expected to grow its presence in Indonesia and other
Southeast Asian markets.
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