ACCIONA Energía launches the construction of the Daanbantayan solar plant in the Philippines

ACCIONA Energía has started the construction of the Daanbantayan solar plant, a €120 million project in the Philippines, with operations expected to begin in late 2026.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

ACCIONA Energía celebrated the commencement of the Daanbantayan solar plant construction on March 16, 2025, located on the island of Cebu, Philippines. This project, which represents an investment of €120 million, is expected to produce 280 GWh per year, covering the consumption of approximately 300,000 people. The plant is scheduled to begin operations by the end of 2026.

The event was attended by key figures such as Gwendolyn García Fiel, Governor of Cebu, Miguel Utray, Spanish Ambassador to the Philippines, and José Manuel Entrecanales, President of ACCIONA. The plant will be ACCIONA’s first photovoltaic project in the Philippines and the largest under construction in the Visayas archipelago. The installation of a battery storage system will regulate energy production and ensure a stable supply during periods of high demand.

An innovative public-private partnership

This project aligns with the Philippine Development Plan, which aims to achieve 35% renewable energy in the country’s energy mix by 2030, and 50% by 2050. In this context, the Daanbantayan project represents a significant step in the Philippine government’s efforts to enhance energy security and promote sustainable economic growth. It also includes the signing of the first public-private partnership (PPP) in the energy sector in the Philippines, between ACCIONA Energía and the provincial government of Cebu.

The goal is to diversify the country’s energy sources while reducing its dependence on fossil fuels. With the implementation of battery storage, the plant will release energy during peak periods, contributing to the stability of the electrical grid.

ACCIONA’s strategic presence in the Philippines

With this project, ACCIONA Energía reinforces its long-term commitment to the Philippines. The company has been active in the country since 2016, delivering major infrastructure projects such as the Cebu-Cordova Link Expressway (CCLEX) and water treatment plants like Putatan II and Laguna Lake. Additionally, ACCIONA is also pursuing the development of wind energy projects, such as the 100 MW Kalayaan 2 Wind Farm in Laguna province.

The Daanbantayan project marks a significant step in ACCIONA’s diversification into renewable energy in the Philippines. It reflects the company’s commitment to invest in sustainable energy while strengthening local capabilities in green energy production.

A model for sustainable and inclusive development

This project is also aligned with the social and environmental objectives of the group, seeking to combine technological innovation with a positive impact on local communities. In 2021, the acciona.org foundation launched initiatives aimed at improving energy access for remote communities in the Philippines, in partnership with the Ayala Foundation and the Spanish Agency for International Cooperation and Development. Over 2,600 households, small businesses, and community centers now benefit from these sustainable energy solutions.

The investment in the Daanbantayan solar plant is therefore not only an economic initiative but also a driver for social development, helping to reduce energy access inequalities in the country.

Ascent Solar Technologies has signed an agreement with Star Catcher Industries to enhance in-orbit power generation by combining lightweight photovoltaic technology with wireless energy transmission.
NextWave Energy Monitoring integrated 529 megawatts of Cenergy solar projects into its PVPulse platform, including the largest 300 MW photovoltaic plant equipped with its monitoring system.
Solar panel imports into Africa reached 15,032 MW in one year, setting a record and marking an expansion beyond South Africa, according to the energy research organisation Ember.
Ferrovial will launch a 250 MW solar plant in Texas for $355mn, expanding its US energy portfolio and creating around 300 jobs during the construction phase.
The 4.99 MW floating solar power plant in Cebu supplies the Carmen Copper mining site, covering about 10% of its energy needs, with connection to the national grid now effective.
Four photovoltaic plants totaling 50 MW will be built in Benin by Axian Energy and Sika Capital to strengthen the share of renewables in the country’s energy mix.
Developer Qair secures a loan from the Facility for Energy Inclusion to build a 5.8 MWp floating photovoltaic solar plant in Providence Lagoon, the first utility-scale project of its kind in Seychelles.
Israeli group Shikun & Binui begins commercial operation of its first photovoltaic park in Romania, a 71 MW facility located in Satu Mare County.
Canadian Solar reported a gross margin of 29.8% in Q2 2025, exceeding expectations despite a net loss, amid delayed project sales and asset impairments.
Australian distributor OSW secures strategic funding to accelerate U.S. growth and deploy its digital solar project management platform.
According to the Energy Information Administration, solar will represent the leading source of new U.S. power capacity this year.
Two 13 MW solar facilities have been completed at the Fort Polk military site in Louisiana by Onyx Renewables and Corvias as part of a partnership to secure the site’s long-term energy supply.
Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.
Two photovoltaic projects led by RWE were selected in a federal tender, with commissioning scheduled by the end of 2026, subject to permits.
The public utility Eskom launches a tender to sell long-term solar electricity via PPAs, directly targeting industrial players amid continued pressure on national energy security.
The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
The European Bank for Reconstruction and Development is financing the modernization of Enerjisa Enerji’s electricity distribution network in the Toroslar region, affected by the 2023 earthquakes.
Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Meta secures its energy supply in South Carolina with a 100-megawatt solar project led by Silicon Ranch and Central Electric Power Cooperative. The site will support the group's future data center in Graniteville.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.