Philippines-based JNV Philippines Renewable Corporation has acquired a 180 MW ground-mounted solar project in General Santos in the Philippines. The project is expected to participate in the 2024-25 Green Energy Auction Program (GEAP), offering a 20-year fixed-price PPA with the National Transmission Corporation. Spanning 170 hectares, the project has secured a solar energy service contract (SEOC) from the Department of Energy and will provide 295 GWh of green electricity annually once operational in 2027. The acquisition supports J&V Energy’s goal of commissioning 500 MW by 2028 and aligns with the Philippines Energy Plan to achieve over 35% renewable energy by 2030.
J&V Energy acquires 180 MW solar project in Philippines
The solar project is projected to generate 295 GWh annually, contributing to the Philippines’ target of 35% renewable energy by 2030. (Image Credit/Source: Succo/Pixabay)
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