pumped storage hydropower
- Renewable Energy
- Sustainable Energy
Prime Infra’s Ahunan inks deal to acquire renewable energy developer
Prime Infra-led Ahunan Power, Inc. (Ahunan) has entered into an agreement to acquire a majority stake in renewable energy developer Olympia Violago Water and Power, Inc. (OVWPI). OVWPI is in the pre-development stage of the 500-megawatt (MW) Wawa Pumped Storage Hydropower (PSH) Project in Rizal province, with construction targeted to start in 2023. “The agreement […]
- Renewable Energy
- Sustainable Energy
Prime Infra unit acquires original proponent status for supply of 500MW to Meralco
The Manila Electric Company (Meralco) declares Ahunan Power, Inc. (Ahunan) as the Original Proponent in relation to its offer to supply 500 megawatts (MW) of mid-merit power using pumped storage hydropower (PSH) as an energy storage system. Ahunan is a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra). Meralco, through its Third-Party Bids and Awards […]