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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.

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

Sectors Solar Energy, Photovoltaic
Themes Investments & Transactions, Financing, Project Development
Companies ACCIONA Energía
Countries Philippines

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.

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