, Philippines

Ahunan Power to acquire pumped storage hydropower developer

The project is in the pre-development stage.

Prime Infra’s Ahunan Power, Inc. signed an agreement to hold a majority stake in renewable energy developer Olympia Violago Water and Power, Inc. (OVWPI) which is establishing a 500-megawatt (MW) Wawa Pumped Storage Hydropower Project.

In a statement, Prime Infra said the project located in Rizal province is still in the pre-development stage, with the construction expected to start in 2023.

Prime Infra said the acquisition will boost its renewables’ energy storage capacity by 6,000MWh per day defined by a maximum continuous generation at 15MW for 12 hours.

“Ahunan’s hydropower projects are aligned with the government’s thrust to accelerate the development of renewable energy resources, and reduce heavy reliance on fossil fuels,” said Prime Infra President and CEO Guillaume Lucci.

READ MORE: Philippines’ energy dep’t generates 1,966.93MW RE in auction

Prime Infra’s pipelines include the 1,200MW PSH plant in Pakil, Laguna and a solar project in Tanauan in Batangas, and Margondon in Cavite.

Another project included is the Terra Solar project which is a solar power facility with a minimum capacity of 2,500MW combined with a 4,000MW-hour battery energy storage system at the minimum.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development
Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045.
Power Utility
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.