Deal #10593

Philippines
Created at
2024-09-03
Last update
2024-10-18
Last full update
2024-10-18

Land area

Size in operation (production)
  • [2016, current] 344.1 ha
Comment on land area
Size in operation is based on the polygon generated from RS analysis

Intention of investment

Intention of investment
  • [2016, current] Solar park (344.1 ha)
Comment on intention of investment
The 100-megawatt peak (MWp) Subic solar farm of Filipino firm Jobin-SQM, Inc. (JSI) has been authorized to connect and wheel its capacity to the Luzon grid via the 230-kilovolt (kV) substation of the National Grid Corporation of the Philippines (NGCP) in Subic, Zambales.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [2015-08, current] Concluded (Change of ownership)
Comment on negotiation status
(2015) Emerging Power Inc (EPI) plans to invest in the construction of both solar and wind parks in the Philippines' Subic Special Economic Zone fter purchasing a controlling stake in the project developer, the Subic Bay Metropolitan Authority (SBMA).

Implementation status

Implementation status
  • [2015-09] Startup phase (no production)
  • [2016] In operation (production)
  • [2024-02, current] In operation (production)
Comment on implementation status
The Subic Bay Solar PV Park solar PV project with a capacity of 100MW came online in 2016, with the ground breaking being held in 2015 September As of 2023, there are plans of expansion with an extra 72MW, making the total 172 MW. The additional 72 MW was approved and commissioned in 2024 February