SN Aboitiz Power (SNAP), the joint venture between Scatec ASA and Aboitiz Renewables Inc., the renewable energy arm of Aboitiz Power Corporation, has achieved financial close and is set to commence construction of two battery energy storage system (BESS) projects totalling 80 MW capacity in the Philippines.
The projects comprise a 40 MW BESS facility at the Binga hydropower plant and another 40 MW system at the Ambuklao hydropower plant, both located in Benguet province. The battery systems will be co-located with the existing hydro plants and will primarily serve the country’s reserves and ancillary services market.
The latest developments build on SNAP’s operational success in battery storage, following the commissioning of a 24 MW BESS facility co-located with the Magat hydropower plant, which has been generating ancillary services revenue since it began operations in 2024. In addition, SNAP currently has 56 MW of BESS capacity under construction, including 40 MW at Binga and 16 MW at Magat, both scheduled to enter commercial operations later this year.
With the addition of the new projects, SNAP’s total BESS capacity under construction and operation in the Philippines will reach 160 MW.
BESS installations play a critical role in grid stability, offering rapid response to frequency fluctuations, operational flexibility across multiple grid services, and cost-effective performance. The demand for ancillary services is expected to rise significantly in the Philippines as the country accelerates renewable energy deployment in line with its clean energy targets.
Commenting on the development, Terje Pilskog, CEO of Scatec, said the company is poised to significantly expand its battery operations in the country. “With the new batteries, we will increase our operational BESS capacity in the Philippines sixfold over the next year, enhancing the value of our multi-technology asset portfolio and reinforcing our leadership in providing ancillary services,” he said.
The projects will be owned by SNAP and financed through project debt facilities arranged with the company’s existing lenders in the Philippines.
