Solar Philippines may have engaged in international opportunities for solar development, but will focus more on expanding the solar sector of its home country, said Solar Philippines CEO Leandro Leviste.
Last March, Solar Philippines, through its joint venture with Medco Energi, entered a 20-year power purchase agreement with Indonesia’s state utility PLN for a 50-megawatt solar project.
The company has a 400-megawatt (MW) capacity operating or under construction.
By the end of next year, Solar Philippines is planning to add 1 gigawatt (GW) to its capacity, around half of the expected 2GW additional solar for the whole market. The Philippines has over 1,000MW of solar capacity.
Leviste revealed that the Philippines has potential for large-scale battery deployment, as some other power companies in the country are implementing the largest capacity of battery storage for ancillary service requirements in the grid.
