en.Wedoany.com Reported - Philippine solar developer SunAsia Energy and Vietnam's VinEnergo will jointly invest $406 million to build a portfolio of floating solar photovoltaic projects in reservoir areas in the Philippines. The 422 MW floating solar project will be located in Pampanga and Negros Occidental provinces, and will be implemented using surface-mounted installation methods.

The project portfolio includes three floating solar power plants, with plans to install nearly 700,000 solar modules and construct approximately 62 kilometers of new transmission lines. The project adopts a pile-elevated water-based solar solution, aiming to minimize impacts on aquaculture and fish pond production activities, allowing power generation facilities to proceed in parallel with water resource utilization. The project is expected to be commissioned gradually between 2027 and 2028.

Once completed, the project is expected to supply electricity to over 278,000 households annually and reduce carbon dioxide emissions by approximately 460,900 tons. The next 18 months will focus on advancing engineering design, development procedures, and construction preparations. As the 422 MW floating solar project enters the investment promotion phase, demand for surface water solar, transmission lines, grid connection facilities, and long-term operation and maintenance in the Philippines will continue to grow.

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