ib vogt completes Tantangan solar plant in Philippines, begins power generation within a year

0

International solar developer ib vogt has begun commercial electricity generation at its Tantangan Solar Power Plant in South Cotabato, Philippines, following an energisation ceremony held yesterday, less than one year after the project’s groundbreaking.

The 99 megawatt-peak (MWp) project is ib vogt’s second solar development in Mindanao. The company said the facility has been recognised as a national priority project under the Philippines’ clean energy agenda and is larger than many solar projects in the country, which it said typically range between 10 and 50MWp.

ib vogt said the project integrates solar generation with battery storage, aiming to provide a more dispatchable supply in a region where electricity demand exceeds supply and where grid reliability remains a constraint.

Once fully operational, the company expects Tantangan Solar to generate more than 150GWh of electricity annually—enough to power more than 82,000 households—while avoiding more than 66,000 tonnes of CO₂ emissions each year.

David Ludwig, Chief Executive Officer of ib vogt APAC, said: “Energising this project is a special milestone for ib vogt: it is our first solar-and-storage hybrid in Southeast Asia and the first of more than 500 MW of hybrid capacity we expect to have in operation and construction across the Philippines by the end of 2026. Reaching this point in Mindanao carries particular meaning for our team, because it is where we energised our first project in Asia. We will continue to focus on accelerating the rollout of our pipeline across the Philippines and Southeast Asia and thank our partners and stakeholders that have contributed to and enabled this success.”

Marat Zapparov, Chief Executive Officer of Pentagreen Capital, said: “Tantangan is a strong example of how fit-for-purpose credit capital can generate impact fast in ASEAN, unlocking the construction of high-quality renewable energy projects in the region. By providing subordinated financing alongside BII, we are delighted to support ib vogt in bringing this project from groundbreaking to energisation in under a year. This type of financing can help bridge the funding gap for high-quality developers in ASEAN while accelerating the expansion of clean energy capacity across the region.”

Rohit Anand, Managing Director and Head of Asia Infrastructure and Climate Direct Investments at BII, said: “The energisation of Tantangan is an important milestone that demonstrates ib vogt’s ability to deliver high-quality renewable energy projects at scale. As the UK’s development finance institution, we focus on supporting partnerships that help mobilise capital into clean energy infrastructure and accelerate the energy transition across Southeast Asia, as part of our new five-year strategy.”

Share.

Comments are closed.

Visit Us On TwitterVisit Us On FacebookVisit Us On LinkedinVisit Us On Youtube