ACCIONA, a leader in sustainable infrastructure and renewable energy, has expanded its presence in the Philippines by acquiring an 80% stake in Freya Renewables, a renewable development consulting firm. This move adds 880 MW to ACCIONA’s development portfolio. Additionally, ACCIONA Energía is constructing a 150 MW solar power plant in Daanbantayan, the Philippines’ first public-private partnership in solar energy. As the Philippine government aims for 35% renewable energy by 2030 and 50% by 2040, ACCIONA is collaborating with the Ayala Foundation and receives co-financing from AECID to provide clean energy to 600 households, with plans to impact over 1,500 rural households in Palawan by 2025. Acciona.org has been empowering underserved communities since 2021, addressing immediate energy needs sustainably.
ACCIONA expands clean energy solutions in Philippines
ACCIONA Energía is diversifying its renewable energy portfolio in the Philippines with the acquisition of multiple assets. (Image Credit: ACCIONA)
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )
With advanced cybersecurity and a 15-year warranty, Enphase’s IQ8 Microinverters are set to offer long-lasting value in Romania. (Image Source: Enphase Energy)
CEC’s IEC certifications ensure Hanersun modules withstand tough Australian environmental conditions. (Image Source: Hanersun)
Solar Simplified’s subscription management expertise aims to reduce high churn rates for LastMile Energy’s PV projects in Massachusetts. (Image Source: Solar Simplified)