Taiwan’s Giga Solar Materials Corp., one of the world’s top three suppliers of solar conductive pastes, said its renewable energy development subsidiary Whole Sun Green Power Co. Ltd. (Wholesun Energy) signed an agreement to collaborate with local firm Wyn Power Corp. to develop a 50-megawatt peak solar power project in Taysan, Batangas.
The venture represents a significant strategic expansion for Wholesun Energy in the Philippines, reinforcing its presence in the Southeast Asian renewable energy sector.
Under the tie-up with Wyn Power, Wholesun Energy aims to provide more stable and sustainable green power to the Philippines, optimizing the regional energy structure and accelerating the global shift toward clean energy.
The solar power plant will adopt ground-mounted solar technology and supply electricity through Batangas Electric Cooperative II (BATELEC II).
It is estimated to generate 74 million kilowatt-hours of clean energy annually, reducing approximately 45,000 tons of CO2 emissions per year.
Construction is set to begin later this month.
The project was approved under the Philippine Department of Energy (DoE)’s 2023 second-round Green Energy Auction and secured a green energy tariff of P4.10 per kWh.
The companies said it obtained all the necessary permits for the project, including the approval of the system impact study by the National Grid Corporation of the Philippines and environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR).