CEO Jaime T. Azurin targets going out of the Visayas region as its home base, and expanding to the Philippines’ bigger islands with the firm’s recent 50% stake acquisition in the Alsons Thermal Energy Corporation in Mindanao.

The sector is bright and shining, but experts are afraid that players are getting way ahead of themselves as issues on lack of access roads, clean green lands, and proper land area demarcation hamper development of solar parks.