APECO, Ally Power sign deal for green energy project in Aurora

The Aurora Pacific Economic Zone and Freeport (APECO) and Ally Power have signed a deal for the exploration of a green energy project established in the province of Aurora on Saturday.

During the signing of the memorandum of understanding (MoU) at the APECO Corporate Campus in Casiguran, the Maryland-based hydrogen production startup said it is aiming to explore the possibility of establishing a green energy project utilizing hydrogen technology in APECO.

APECO president and CEO, Atty. Gil G. Taway IV signed the MoU with Ally Power Inc., head of Business Development for Asia Ed Travis, and was witnessed by APECO Deputy Administrator Angelo Gabriel D. Mantuano and Ally Power Assistant Director Asia Office Mario Estrada.

Strategic direction

Said initiative is aligned with APECO’s strategic direction of energy security, along with food and national security, as well as tourism development in the Dinalungan-Casiguran-Dilasag (DiCaDi) corridor.

Taway said the initiative also supports APECO’s continuing efforts to position Aurora as a hub for sustainable and future-ready investments, particularly with regards to clean and renewable energy solutions aligned with global climate and energy transition goals.

Ally Power Inc. is a Maryland-based hydrogen production startup founded in 2019 that specializes in the design and operation of dual-purpose hydrogen and electric refueling stations.

“ZEV-agnostic” stations

The company develops “ZEV-agnostic” stations that can simultaneously refuel hydrogen fuel cell vehicles and recharge electric battery vehicles using DC fast chargers.

Unlike traditional models that transport hydrogen from remote facilities, Ally Power uses a patent-pending process to produce green hydrogen, electricity and water on-site.

Their technology generates hydrogen through a chemical reaction between aluminum, water, and sodium hydroxide, producing sodium aluminate as a byproduct. This process also powers a steam turbine to generate excess electricity for sale back to the utility grid.

$4000-M agreement with MPower

In early 2024, Ally Power signed a $400 million agreement with Meralco’s retail arm, MPower, to build the first hydrogen and electric refueling station in the Philippines.

As of late 2025, the company is actively eyeing further local projects to repurpose existing coal plants into clean hydrogen systems.