Deals Counterparts

ACEN Corp. to invest P15.8 billion in 2,000 MWh battery storage at San Marcelino Solar Park

Investment Storage announced Philippines Mar 6, 2026
P billion15.8B
Deal Value
2000 MWh
Capacity
development
Stage
Zambales battery storage project
Project

ACEN Corp. plans to invest P15.8 billion in a battery energy storage system at its Zambales solar park to enhance the reliability of its 585-megawatt facility.

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Deal Analysis

ACEN Corp. has announced a significant investment of P15.8 billion in a 2,000 MWh battery energy storage system (BESS) at its San Marcelino Solar Park in the Philippines. This substantial investment is strategically aimed at enhancing the reliability of its existing 585-megawatt solar facility. The integration of such a large-scale storage solution underscores ACEN's commitment to optimizing its renewable energy assets and ensuring stable power delivery from intermittent solar generation. This deal is notable for its considerable financial commitment and the sheer capacity of the battery storage system, positioning it as a key development in the Philippine energy landscape. The investment by ACEN Corp., a prominent player in the renewable energy sector, highlights the increasing recognition of energy storage as a critical component for grid stability and the effective integration of large-scale solar projects. It reflects a broader trend towards hybrid renewable energy solutions that combine generation with storage to provide more dispatchable and reliable power.
  • P15.8 billion investment by ACEN Corp.
  • 2,000 MWh battery energy storage capacity.
  • Integration with an existing 585 MW solar facility.
  • Located in the Philippines, addressing grid reliability.

Source Intelligence

KEY DETAILS

Construction of the battery storage facility is expected to begin in the third quarter of 2026. Quote: "construction of the battery storage facility is expected to begin in the third quarter of 2026". The battery storage system will be integrated with the San Marcelino solar facility, which has an installed capacity of 585 megawatts. Quote: "The San Marcelino solar park has an installed capacity of 585 megawatts".

Deal Size
The company plans to invest about P15.8 billion
Capacity
a large battery energy storage system (BESS) with a capacity of 2,000 megawatt-hours
Location
at its solar park in Zambales.
Announcement
ACEN Corp. ... has announced a major investment
COD
with the system expected to be fully operational and commissioned by early 2028.
Expected Close
The company plans to complete construction by the end of 2027
PARTIES MENTIONED IN SOURCE
A
ACEN Corp. investor/developer

"ACEN Corp., the renewable energy arm of Ayala Corporation, has announced a major investment"

A
Ayala Corporation parent company

"ACEN Corp., the renewable energy arm of Ayala Corporation"

high quality Enriched Mar 6, 2026

Timeline

Announced
Mar 6, 2026
Signed
Closed

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