Financial Close announced for 99 MWp Solar PV Project in the Philippines
ib vogt announced that it has reached financial close for its 99 MWp Tantangan solar power project in the Philippines, backed by PHP 4.49 billion (USD 80 million) in green project financing from HSBC.
Located in South Cotabato, the 99 MWp solar PV plant will play a key role in delivering affordable, renewable energy to the region and advancing the Philippines’ broader clean energy transition.
The project marks ib vogt’s second solar development in Mindanao, and has commenced construction in Q1 2025, with commissioning targeted for Q2 2026. The power plant will generate over 150 GWh of clean electricity annually, enough to power more than 82,000 households, and reduce over 66,000 tonnes of CO₂ emissions per year.
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December 17, 2024
Jacobs to Support 3.5 GW/4.5 GWh Solar plus Battery Energy Storage System in Philippines
Terra Solar Philippines Inc., a wholly owned subsidiary of SP New Energy Corporation (SPNEC), has selected Jacobs to deliver engineering services, technical advice, and construction phase services, for a 3.5 GW Terra Solar project and 4.5 GW battery energy storage system (BESS).
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September 16, 2024
UK’s Actis to invest US$600 million in Solar project in Philippines
The Philippines’ Meralco Powergen Corporation (MGen) and its subsidiary Solar Philippines New Energy Corporation (SPNEC) have announced UK-based investment firm Actis as its partner for the 3.5-GW Terra Solar project located about 100 km from Manila, Philippines.
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February 08, 2024
MoU signed for the joint development of 50 MW Onshore wind farm in the Philippines
Basic Energy Corp. signed a memorandum of understanding (MOU) with Japan’s Renova Inc. for the joint development of the 50-megawatt Mabini wind project in Mabini, Batangas, in the Philippines.
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July 13, 2023
Seraphim to supply solar modules for 300 MW solar project in Zambales
Chinese solar module manufacturer Seraphim Energy Group Co., Ltd. has signed a solar module supply agreement with Malaysia-based company ERS Energy Group of Companies for the development of a solar project in the Philippines.
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May 17, 2023
Mingyang smart energy to supply turbines for 306 MW Wind Onshore Farms in Philippines
Mingyang Smart Energy Group Limited has secured a 306 MW order from Vena Energy for the Talim (212.5 MW) and the Sembrano (93.75 MW) onshore wind projects located in the province of Rizal, Philippines.
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