Ally Power, Inc., an American firm based in Maryland, is exploring a potential investment amounting to USD200 million for a proposed 128-megawatt (MW) power generation project using hydrogen technology inside the Aurora Pacific Economic Zone and Freeport (APECO), following the signing of a Memorandum of Understanding (MOU) between the two parties.
The proposed power facility, which may be located on a 20-hectare site within the ecozone, is among the priority projects being studied under the MOU signed by APECO President and CEO Atty. G. Taway IV and Ally Power Head of Business Development in Asia Mr. Ed Travis at the investment promotion agency’s headquarters in Casiguran, Aurora on January 17, 2026.
“The proposed project is being considered as part of broader efforts to address Aurora’s power challenges and improve the province’s long-term energy reliability, which is seen as critical in attracting new investments and supporting ecozone development,” PCEO Taway said.
The MOU establishes a general framework for collaboration and allows both parties to explore opportunities in clean energy, power generation, and related infrastructure projects within the ecozone, subject to further studies and regulatory approvals.
It also provides a platform for technical evaluation, coordination, and planning, with specific project details to be covered by separate agreements in the future.
Any future power supply arrangements arising from the proposed project will be structured in compliance with the Electric Power Industry Reform Act and relevant Energy Regulatory Commission rules.
Ally Power will lead the technical and investment studies for potential projects, while APECO will support coordination within the ecozone in line with its mandate to promote sustainable economic development in Aurora.
“We at Ally Power are thrilled to play our part in the development of Aurora Province, and especially with the development of APECO. We hope to work with stakeholders here to not only build infrastructure, but also to build great jobs and contribute to academic programs for the future of our young people as well. In this way, our initial USD200 million investment will not only build infrastructure, but also build lives towards a bright future for the citizens of Aurora as well,” Mr. Travis said.
The power firm is also eyeing a partnership with the Aurora State College of Technology (ASCOT) for the establishment of its Clean Energy Center of Excellence to build capabilities of students in green energy technology.
