Alsons Consolidated Resources, Inc. is bullish of its 2025 operations and vowed to invest in more power generation projects including renewable energy.
“Looking ahead, we recognize the country’s growing need for reliable, sustainable energy. We intend to meet this by investing in renewables while pursuing technologies that allow for stable and economic generation,” Alsons chairman Nicasio Alcantara said in a statement.
Alsons deputy chief financial officer Philip Edward Sagun said 2025 “will mark a period of significant progress for our power generation companies, driven by continued improvements in operational efficiency, reliability, and capacity utilization.”
“As key players in the Mindanao energy landscape, our facilities are well-positioned to meet the region’s growing demand for dependable and sustainable power. Through strategic investments and ongoing enhancements across our assets, we remain committed to ensuring a stable and resilient energy supply that supports economic development and uplifts the communities we serve,” he said.
Alsons believes that a balanced portfolio is the most responsible path forward – one that secures the grid today while transitioning toward cleaner sources, amid rising power demand and the increasing call for sustainability.
“This growing portfolio of conventional and renewable assets-now totaling 428 megawatts-lets us meet current needs while preparing for a cleaner and more resilient energy future,” Alcantara said.
The company’s current power assets include the 210-MWt Sarangani Energy Corp., a coal plant that uses circulating fluidized bed (CFB) technology to provide dependable baseload power.
Supporting grid stability are two diesel facilities – the 100 MW Western Mindanao Power Corporation in Zamboanga and the 103 MW Mapalad Power Corporation in lligan – both delivering ancillary services.
Alsons is also nearing the completion of the Bohol In-Island Diesel Power Station in Ubay, designed provide emergency and backup power during outages or natural disasters.
In 2024, Alsons marked a significant milestone with the completion of its first renewable energy project: the 14.5MW Siguil Hydro Power Plant in Maasim, Sarangani.
Now operational as a mustrun unit in the Wholesale Electricity Spot Market, the plant reflects the company’s growing focus on clean energy.
“Several other renewable projects are in development, including the hydro facilities in Bago, Negros Occidental, and Siayan, Zamboanga del Norte and our solar projects in General Santos and Sarangani Province,” said Alcantara.
“Our commitment extends beyond power generation. For it to be sustainable, growth must go hand in hand with care for people and the planet,” said Alcantara.
