philippines

Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines.

The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.

Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group, has announced plans to co-develop 1.25GW of solar in the Philippines through a new collaboration with local PV player SunAsia.

Commercial operations have started at a 50MW solar power plant in the Philippines after construction was disrupted by the COVID-19 pandemic last year.

Module manufacturer Seraphim has landed a 183MW module supply deal with Philippine EPC ERS Energy.

Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.

Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.

Virus outbreak prevents solar modules and Chinese engineers from reaching Meralco PV projects in the Luzon provinces of Tarlac and Bulacan.

With the spin-off of most of its solar cell and PV module manufacturing operations to new entity Maxeon Solar Technologies (MXT) expected in Q2 2019, SunPower shed new light on the planned capacity expansions of the new offspring in its fourth quarter earnings call.

Major Filipino power firm Aboitiz Power Corp is in early-stage planning to invest nearly PHP34 billion in around 1GW of wind and solar power in Pangasinan.