A US-based company is eyeing a US$200-million green power project inside the Aurora Pacific Economic Zone and Freeport (APECO) in Casiguran, Aurora that could potentially generate 128-megawatt of electricity to the country.

According to the APECO, Maryland-based clean energy technology startup Ally Power, Inc. is eyeing to put up a 128-megawatt hydrogen-powered generation facility inside the Freeport as the company and the agency sign a memorandum of understanding (MOU) on January 17, 2026.

APECO President and Chief Executive Officer Atty. G. Taway IV and Ally Power Head of Business Development for Asia Ed Travis signed the agreement that establishes a framework for cooperation on clean energy and related infrastructure projects within the ecozone.

Under the proposal, the power facility may be developed on a 20-hectare site within APECO and is among the priority projects currently undergoing evaluation.

Officials said the initiative is intended to help address Aurora province’s power supply constraints and improve long-term energy reliability—key factors in attracting investors and sustaining economic growth in the area.

“This proposed project forms part of our broader efforts to strengthen Aurora’s power situation and ensure a reliable energy supply to support sustainable development,” Taway said.

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.

“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,” 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.