ACWA Power Philippines secures land lease with BCDA to develop 500MW solar and battery energy project in New Clark City

Type: Development · Technology: Solar, Storage · Country: Philippines · Capacity: 500 MW · Announced: 2026-06-04

ACWA Power Philippines finalized a land lease agreement with the Bases Conversion and Development Authority (BCDA) to construct a 500-megawatt solar and battery energy storage project in New Clark City, Philippines. The facility will integrate solar photovoltaic technology with battery storage systems to ensure grid stability and reliable electricity supply. Scheduled for completion in phases starting in 2027, the project aligns with the Philippines' National Renewable Energy Program, targeting 35% renewable energy share by 2030. ACWA Power Philippines, a subsidiary of Saudi Arabia-based ACWA Power, will oversee the development, leveraging its expertise in large-scale clean energy projects across the Middle East and Southeast Asia. The initiative aims to reduce the Philippines' reliance on fossil fuels while attracting foreign direct investment to the region's growing industrial and economic zones.

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