What we do
We're a joint venture between UPC Renewables Group and AC Energy. We develop, construct, own and operate renewable energy projects as an independent power producer to the highest international standards. Our aim is to provide low cost, clean electricity in a socially and environmentally responsible way by using innovative technology solutions.
We employ over 40 renewable energy professionals across Australia and we have offices in Hobart, Smithton, Melbourne, Sydney and Uralla. Our headquarters are in Hobart, Tasmania. We want to see locals working for locals, and our team developing and managing our Tasmanian projects are all based in Tasmania, at our offices in Hobart and in Smithton. Our team has over 100 years’ experience in energy, project management and finance in Australia.
About UPC Renewables
UPC is a leading worldwide renewable developer with more than 20 years of global experience developing, constructing and operating world-class wind and solar projects. UPC has developed more than 3,500 MW of operating wind and solar projects with an investment value of over USD5 billion, and have a development pipeline of more than 5,000 MW.
UPC has a proven successful history of being an early entrant in new markets with advanced technology and creative local business strategies, helping countries accelerate their renewable energy development.
About AC Energy
AC Energy is the energy platform of Ayala, one of the largest business groups in the Philippines. AC Energy is one of the fastest growing energy companies with ~US$2 billion of invested and committed equity in renewable and thermal energy in the Philippines and around the region.
From a strong local base, AC Energy is expanding rapidly around the region through strategic partnerships and greenfield initiatives. The company aspires to exceed 5 GW of renewables capacity and generate at least 50% energy output from renewables by 2025. In 2019, AC Energy’s power portfolio registered an attributable capacity of over 1.8 GW in operation and under construction, spanning projects in the Philippines, Indonesia and Vietnam. The company increased its attributable energy output in 2019 by 25% to 3,500 Gigawatt hours, of which 50% came from renewable energy sources.