Ilocos Norte Secures $100-M Hybrid Renewable Energy Project with Alba Renewables

Technology | Innovation Posted on 2025-09-09 00:28:22

LAOAG CITY – The Ilocos Norte provincial government has officially partnered with Alba Renewables Philippines Corp. for the development of a 100-hectare hybrid renewable energy plant in the towns of Bangui and Burgos, marking a major step in the province’s clean energy expansion.

The lease agreement, finalized after eight months of feasibility studies, will pave the way for the integration of wind and solar energy systems with advanced battery storage technology.

“We conducted thorough technical and economic assessments, refining layouts and running technology combinations to build a strong investment case,” said Andres Martin Buldu, chief development officer of Alba Renewables Philippines Corp.

Valued at approximately USD100 million, the project is projected to reduce dependence on fossil fuels, cut carbon emissions, and create thousands of jobs for Ilocanos during both its construction and operational phases. The provincial government will also benefit from an annual lease payment of PHP6 million, alongside additional tax revenues.

During the ceremonial signing at the Capitol session hall, Vice Governor Matthew Joseph Manotoc reaffirmed the government’s commitment to supporting investments that directly benefit local communities.

“We assure you of our support as a business-friendly provincial government. We truly welcome investments that uplift our people,” Manotoc said.

Governor Cecilia Araneta-Marcos expressed gratitude to Manotoc for laying the foundation for the project during his previous term as governor, noting that renewable energy development remains central to the province’s growth strategy.

With its strategic location and pro-investment climate, Ilocos Norte continues to position itself as a clean energy hub and gateway for industries linking Northern and Central Luzon to key Asian markets, including Taiwan, China, Hong Kong, Japan, and South Korea.

— NPO News Team | PNA-PR

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