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:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

Facing falling Chinese prices and unstable energy policies in the United States, Swiss solar module manufacturer Meyer Burger announces the end of its recovery efforts.
Acciona Energía has completed the commissioning of its largest plant in India, a 412MWp solar facility capable of powering 840,000 households annually.
Macquarie Asset Management has granted $350mn in financing to Nexamp to accelerate the development of large-scale solar and battery storage projects across the U.S.
Three economic institutions based in Ramallah have founded a company named Taqa to develop renewable energy production in the region, with no connection to the Emirati company of the same name.
The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.
The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.
ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.
QatarEnergy has signed a contract with Samsung C&T to build a solar power plant in Dukhan, set to reach 2,000 MW capacity by 2029, doubling the country’s solar output.
Billion Watts begins construction on its first solar-plus-storage project in Australia, scheduled for 2026, relying on an international consortium and a strategy focused on the volatility of the national electricity market.
Longroad Energy has closed financing and started construction of the 1000 Mile Solar project in Texas, with a capacity of 400 MWdc, supported by Meta and an international banking consortium.
Sunrun completed its fifth securitization deal of 2025, bringing non-recourse debt raised in the third quarter to over $1.5bn.
Odyssey Energy Solutions secures $7.5 million from British International Investment to support access to solar equipment under Nigeria’s DARES programme.
The Cameroonian government launches the extension of two solar plants in the Far North, increasing their combined capacity to 64.4 MWp, with support from international investors.
Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.
Independent power producer UNITe has been selected to develop two solar power plants on municipal land in Avèze and Malauzat, following a call for tenders by the French Energy Regulatory Commission.
Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.
Statkraft France won a 15.5 MWc solar project in Mourmelon-le-Grand during the latest national tender round, bringing its total awarded capacity to nearly 70 MWc in less than a year.
Solar growth in Central Europe has doubled that of the European Union since 2019, reshaping the energy mix and boosting battery manufacturing in the region.
Canadian energy producer Cordelio Power has completed commissioning of its Winfield solar project, a 150 MW facility backed by a 15-year contract with Microsoft and a $313mn structured financing deal.
Platform Anza surpassed its 2024 volume in just eight months, responding to developers’ urgency to secure projects ahead of regulatory and fiscal changes expected in 2026.

Log in to read this article

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