ACCIONA Energía, a Spanish renewable energy developer, has been awarded a 20-year power supply agreement for the entire output of two new renewable energy projects in the Philippines.
The contracts were secured through Round 4 of the Department of Energy’s Green Energy Auction Program (GEAP).
The award covers the 101MW Kalayaan 2 wind farm in Laguna, which is currently under construction, and the 180MWp Daanbantayan solar plant in Cebu, for which construction is slated to begin before the end of 2025.
The power supply contract is expected to provide long-term certainty for the energy generated by these facilities, contributing to the Philippines’ renewable energy objectives while supplying clean and reliable power to consumers.
ACCIONA Energía stated that the agreement “supports the Philippines in reaching its renewable energy targets while delivering clean, reliable power to consumers.”
In addition to these two projects, the company is developing a pipeline of more than 2GW in the Philippines.
The firm recently restructured its Southeast Asian partnerships to strengthen its position in key markets like the Philippines and Thailand, where it holds significant portfolios and intends to continue expanding in the coming years.
ACCIONA has maintained a substantial presence in the Philippines since 2016 through its water and infrastructure divisions, completing notable projects such as the Cebu-Cordova Link Expressway (CCLEX) and the Putatan II and Laguna Lake water treatment plants.
Furthermore, ACCIONA’s foundation, acciona.org, has been working to support underserved rural communities in the country since 2021.
Through collaborations with the Ayala Foundation and the Spanish Agency for International Cooperation and Development, the foundation has brought electricity services to areas that previously lacked access.
These efforts have so far reached around 3,500 households, small businesses, and community centres.
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