The Solar Philippines Corporation has announced plans to build a large power complex combining 2 GWp of solar power capacity, 6 GWp of energy storage, and a 600 MW diesel backup plant in Nasugbu, Batangas City. The company has secured a Solar Service Energy Contract from the Department of Energy giving it exclusive right to explore, develop and utilise the solar resource. Solar Philippines has also secured about 2,000 hectares of land for the project in Nasugbu.
Solar Philippines aims to launch construction towards the end of 2022 with a targeted schedule for project completion by 2024. The company is confident that this would generate local employment and add to the country’s energy stability.
Before the current project, Solar Philippines executed a project in Calatagan in Batangas city. Other current projects include Concepcion, Tarlac in addition to various rooftop projects. These projects have a cumulative capacity of around 250MW. In December 2020, the company announced that that it would be developing over 1 GW of projects in Nueva Ecija, Tarlac, Cavite, and Batangas.
In January 2021, AC Energy announced a partnership with is partnering with Solar Philippines Power to build and develop solar projects across the Philippines. The company announced that it would subscribe to Solar Philippines’ primary and secondary shares, as well as those of its subsidiary, Solar Philippines Central Luzon Corporation.