Zonal Renewables to construct new 100 MW floating solar project in Philippines
Zonal Renewables has planned to construct a new 100 MW floating solar project on a 90-ha fishpond in Cadiz, Negros Occidental province, Philippines.
The floating solar power farm carries the potential to significantly reduce carbon dioxide emissions by approximately 1,250 tons each year. The company is taking advantage of the positive outlook for renewable energy projects in Negros Occidental, as the area is expected to have improved transmission capabilities soon.
Additionally, in August, Acen, a subsidiary of the Ayala Group, unveiled ambitious plans to develop a massive 1 GW floating solar project on Laguna Lake, the largest freshwater lake in the Philippines. Acen has submitted contracts to the Department of Energy for eight parcels, each spanning 100 ha, strategically located in the southern and eastern sections of the lake. This initiative marks a substantial step forward in the expansion of renewable energy in the region.
Country updates
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August 10, 2023
ACEN raises loan for 133.5 MWp solar PV project in Cagayan
ACEN Corp. has announced plans to increase its financial support for a 133.5 MW Cagayan North Solar Power project in Cagayan, Philippines. In a recent filing with the stock exchange, the company revea...
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August 09, 2023
ACEN Corp signs 1000 MW floating solar PV project development in Laguna Lake
ACEN Corporation, through its subsidiaries, has signed a Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) to lease 800 hectares of Re...
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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...
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June 19, 2023
Nexif Ratch Energy secures financial close for 74 MWp solar PV project in Calabanga
Nexif Ratch Energy has secured financial close and started the construction of its 74 MWp ground-mounted solar photovoltaic (PV) project located in Calabanga, Camarines Sur, South Luzon, Philippi...
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June 06, 2023
BlueFloat invests in 7.6 GW offshore wind projects in Luzon
BlueFloat Energy has announced its plans to install 7.6 GW of offshore wind capacity in the Philippines with an accompanying investment of up to US$38 billion. The company acquired the wind energy ser...
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