The provincial board of Ilcos Norte in the Philippines has approved the development of a 300 MW solar farm. Manila-headquartered Opus Solar Enery Corp. will develop the project.
Actis has finalized a $600 million investment in Terra Solar Philippines Inc. (MTerra Solar), partnering with MGEN Renewable Energy Inc. (MGreen) and its subsidiary, SP New Energy Corp. (SPNEC), to expand renewables in the Philippines.
Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country’s upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
The ground-mounted 75 MW project features over 136,000 solar panels deployed across a 80-hectare site. Retail electricity units belonging to Philippine power company AboitizPower will offtake the energy produced.
Reforms over the past three years have lifted restrictions on foreign investment and sped up the permitting process for solar projects in the Philippines. As the government banks on renewables to drive the rapid expansion of power production, challenges remain for local project developers. Neil Ford reports.
The Philippines’ Department of Energy says its net-metering program has added around 141 MW to the grid since its inception in 2015.
The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
The government of the Philippines issued Certificates of Energy Projects of National Significance (CEPNS) for 149 power and transmission projects between May and December 2024, covering 91 renewable energy projects totaling 17.6 GW of capacity.
The Philippnes’ Energy Regulatory Commission has permitted local utility More Power to create a one-stop shop for processing net-metering and distributed energy resources (DER) applications. The initiative is set to benefit consumers in Iloilo City, Central Negros and Tagbilaran, Bohol.
China Energy Engineering Group Co., Ltd (Energy China) has signed an engineering, procurement and construction (EPC) contract for the world’s largest contiguous solar and battery power plant in the Philippines.
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