Solar engineering, procurement and construction (EPC) firm SunAsia Energy will build 1.3GW of floating solar PV (FPV) projects on the Laguna Lake, the largest lake in the Philippines.
A Singaporean independent power producer (IPP) plans to develop 2GWp of solar PV projects in the Philippines by 2030, with 500MW already under development.
Independent power producer NEFIN has formed a partnership with Taiwanese energy company City Development through its subsidiary NEFIN Capital Taiwan Company (NEFIN Capital) to venture into the solar energy market in the country.
Nine Chinese companies have committed to a collective US$13.76 billion of investment in the Philippines’ renewable energy sector, set to develop solar, wind and energy storage assets.