WEnergy Global to invest $20m in four energy projects in the Philippines

They will be modelled after renewable hybrid energy plants in Palawan.

Renewables developer WEnergy Global will lead its joint venture partners to finance $20m in equity for four new electricity projects in the Philippines, according to a media release.

To be completed within 24 months, the four new projects will be modelled after the newly-opened Sabang Renewable Energy Microgrid (SREC) Project in Palawan.

Also read: WEnergy Global develops microgrids in Southeast Asia's rural communities

The Sabang plant combines 1.4MWp solar PV, 1.2MW diesel generation and 2.4MWh battery storage to deliver electricity across a 14-km distribution network. This power plant will have 60% solar PV energy in the mix in its first few years of operation.

WEnergy Global led the conceptualisation and development of the project, and now operates the Sabang plant jointly with its Philippine partners, Gigawatt Power and Vivant.

The Philippine Secretary of the Department of Energy Mr Alfonso G. Cusi, Senate Committee on Energy Chair Senator Sherwin T. Gatchalian and the Mayor of Puerto Princesa Mr Lucilo C.R. Bayron were also present at the inauguration of the Sabang plant today.

Also Read

J&V Energy acquires stake in 180-MW solar project in PH

JERA sells stake in Thai solar project

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit