Philippines' VinEnergo Advances 422MW Floating Solar Project

en.Wedoany.com Reported - On June 26, VinEnergo and SunAsia Energy advanced a 422-megawatt floating solar project in the Philippines, utilizing pile-based water surface structures and planning to integrate it with aquaculture scenarios. This floating solar project is jointly developed by Vietnam-based renewable energy company VinEnergo and Philippine solar developer SunAsia Energy. The project portfolio includes 181 MW in Pampanga, 126 MW in Sagay, and 115 MW in Negros Occidental.

The floating solar project plans to install approximately 700,000 photovoltaic modules and construct about 62 kilometers of transmission lines. The project is expected to be commissioned gradually between 2027 and 2028, providing additional capacity for local power supply and clean energy development in the Philippines. By utilizing space above water bodies, the floating solar project reduces land occupation while supporting surrounding aquaculture, power transmission, and regional energy demands.

The collaboration between VinEnergo and SunAsia Energy reflects the growing demand for large-scale floating solar projects in the Southeast Asian market. The project's subsequent progress will depend on engineering design, financing arrangements, grid connection, and construction organization. If advanced as planned, the floating solar project will become a significant component of the Philippines' new energy project portfolio.

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