SN ABOITIZ POWER (SNAP), a joint venture between Aboitiz Renewables, Inc. and Norwegian firm Scatec ASA, is set to begin construction of an 80-megawatt (MW) batterySN ABOITIZ POWER (SNAP), a joint venture between Aboitiz Renewables, Inc. and Norwegian firm Scatec ASA, is set to begin construction of an 80-megawatt (MW) battery

SN AboitizPower to build 80-MW battery energy storage in Benguet

2 min read

SN ABOITIZ POWER (SNAP), a joint venture between Aboitiz Renewables, Inc. and Norwegian firm Scatec ASA, is set to begin construction of an 80-megawatt (MW) battery energy storage system (BESS) in Benguet.

In a statement on Wednesday, Aboitiz Power Corp. (AboitizPower) said it had reached financial close for two BESS projects: a 40-MW system at the Binga hydroelectric power plant and a 40-MW system at the Ambuklao hydroelectric power plant.

Co-located with SNAP’s existing hydro facilities, both projects are designed to provide power reserves to the Luzon grid through the reserve market.

The facilities are targeted to begin commercial operations later this year.

Once completed, SNAP’s total BESS capacity in operation and under construction will rise to 160 MW.

The new capacity adds to SNAP’s growing energy storage portfolio, including the 24-MW BESS at the Magat Hydroelectric Power Plant, which has been providing ancillary services since 2024.

A BESS stores electricity from the grid and releases it when needed to augment supply or improve power quality, helping stabilize the grid and manage fluctuations in renewable energy generation.

“As the Philippines continues to scale up renewable energy under its energy transition goals, the need for flexible and reliable ancillary services is expected to grow,” the company said.

Aboitiz Renewables, the renewable energy arm of AboitizPower, said it aims to help the group reach its renewable energy target of 4,600 MW by 2030.

“Through continued investments in hydro, battery energy storage, and other renewable technologies, Aboitiz Renewables and SNAP are advancing a more resilient and flexible portfolio that supports long-term energy security and sustainability,” the company said. — Sheldeen Joy Talavera

Market Opportunity
Battery Logo
Battery Price(BATTERY)
$0.0001454
$0.0001454$0.0001454
-0.13%
USD
Battery (BATTERY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Sit and Go Poker Sites – Where to Play SNG Poker Tournaments in 2025

Best Sit and Go Poker Sites – Where to Play SNG Poker Tournaments in 2025

Like its name implies, Sit and Go tournaments, widely popular as SNG poker events, allow players to jump into the action immediately, appealing to players who prefer not to wait for scheduled games.  These events start as soon as the seats are filled rather than at a set time, ensuring a more spontaneous and fast-paced […]
Share
The Cryptonomist2025/09/18 05:45
SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

The post SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors appeared on BitcoinEthereumNews.com. In the world of crypto, two tokens are making waves, albeit with different trajectories. While Solana (SOL) continues to move sideways, the Ozak AI token is gaining significant momentum with impressive presale results. With Ozak AI’s presale showing growth of over 1,100%, investors are eyeing substantial returns as the presale progresses. Ozak AI Presale Performance: Rapid Growth and Strong Fundamentals The Ozak AI token is in Phase 6 of its presale, with the price fixed at $0.012. The project has made remarkable strides, seeing its token grow by more than 1,100% since the beginning of the event. Over 905 million tokens have been sold, raising over $3.2 million. As the presale moves forward, the next price increase will take the token to $0.014, requiring a minimum investment of $100. Ozak AI has a total supply of 10 billion tokens, with 30% allocated to presale. Other allocations include ecosystem incentives, reserves, liquidity, and the project team. The distributions support both growth and sustainability, ensuring a balanced supply for adoption and development. Key Features and Partnerships Supporting Ozak AI’s Growth Ozak AI offers significant value beyond just speculation. The platform utilizes machine learning with decentralized networks to provide predictive analytics for financial markets. Ozak AI offers real-time data feeds, customizable prediction agents, and decentralized applications (dApps) to users. The integration of the Ozak AI Rewards Hub adds a unique feature to the platform, where users can participate in staking, governance, and rewards. This initiative also raises awareness about the presale success. Ozak AI has partnered with various leading platforms. Pyth Network enhances the reliability of its predictive models and provides accurate financial data across blockchains. Additionally, Dex3’s liquidity solutions improve the platform’s trading experience, enabling seamless transactions. The integration of Weblume’s no-code tools and the SINT protocol for one-click AI upgrades makes…
Share
BitcoinEthereumNews2025/09/18 23:49
UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56