- Amihan Renewable Energy Corp. (Capa Wind) is the fourth wind farm project of ACEN in Ilocos Norte
- Capa Wind provided the lowest winning bid for wind supply at a flat rate of ₱3.8583/kWh for 20 years under the first round of GEAP
- The 70 MW wind farm will generate and supply clean power to more than 60,000 homes per year, and provide over 300 local jobs during its construction stage
29 July 2022 – ACEN, through its subsidiary Capa Wind, signed today an agreement with Siemens Gamesa Renewable Energy Technology (SGRE) for the supply and installation of fourteen units of wind turbines for the construction of the next wind project of ACEN in Caparispisan, Pagudpud, Ilocos Norte.
Once completed, the wind project can produce over 220 GWh of renewable energy per year, and eliminate over 130,000 tonnes of CO2 emissions annually.
The 70 MW Capa Wind project will help deliver ACEN’s supply commitments secured under the first round of the Department of Energy’s Green Energy Auction Program held in June this year. This is ACEN’s support to the Philippine government’s aim to increase the country’s renewable energy share to 35 percent by 2030 and 50 percent by 2040. Capa Wind project provided the lowest winning bid for wind renewable energy supply at a flat rate of ₱3.8583/kilowatt-hour for 20 years.
Estimated project cost is ₱ 6 billion, with a target completion by 2024. Capa Wind is a wholly owned subsidiary of North Luzon Renewables, which is a joint venture between ACEN and Diamond Generating Asia, Limited. Capa Wind is the second wind project of the joint venture company.
This latest addition to ACEN’s wind projects brings 363 MW of total generation capacity in Ilocos Norte, together with the 81 MW North Luzon Renewables, the 52 MW NorthWind and the 160 MW Pagudpud Wind.