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Business July 27, 2026

SunAsia Pursues P12-B Floating Solar Projects in Laguna

SunAsia Pursues P12-B Floating Solar Projects in Laguna

SunAsia Energy Inc., a prominent renewable energy company, is aiming to expand its presence in the renewable energy sector in the Philippines. The company, established in 2013, is planning a significant move in Luzon, aiming to develop two floating solar photovoltaic power plants worth P12.04 billion (approx. USD 250 million).

To accomplish this ambitious plan, SunAsia Energy Inc. has partnered with a Vietnamese renewable energy company, VinEnergo, for a joint venture project worth P406 million (USD 100 million). The partnership will see both companies work together to develop 422 Megawatt-peak (MWp) projects, with an estimated cost of 406 million PHP (USD 100 million).

The projects involve the installation of approximately 700,000 photovoltaic panels, mounted on concrete pile structures positioned above water bodies.

SunAsia Energy Inc., a leading firm in the renewable energy sector, is aiming to expand its influence in the Philippines' renewable energy market. Established in 2013, the reputable company plans to develop two floating solar photovoltaic power plants, valued at P12.04 billion (USD 250 million).

To achieve this ambitious project, SunAsia Energy Inc. has joined forces with a Vietnamese renewable energy company, VinEnergo, by signing a joint venture agreement worth 406 million PHP (USD 100 million). The partnership will see both companies collaborate on the development of the 422 MWp projects, with a projected cost of 406 million PHP (USD 100 million).

The projects will involve the installation of around 700,000 photovoltaic panels, positioned on concrete pile structures above water bodies.

SunAsia Energy Inc., a reputable player in the renewable energy sector, intends to enhance its presence in the Philippine renewable energy market. Established in 2013, the established company plans to develop two floating solar power plants worth P12.04 billion (USD 250 million).

To accomplish this ambitious project, SunAsia Energy Inc. has joined forces with a Vietnamese renewable energy company, VinEnergo, by forming a joint venture agreement worth 406 million PHP (USD 100 million). The partnership will see both companies collaborate on the development of the 422 MWp projects, with a projected cost of 406 million PHP (USD 100 million).

The projects will involve the installation of roughly 700,000 photovoltaic panels, positioned on concrete pile structures above water bodies.

SunAsia Energy Inc., a respected player in the renewable energy sector, aims to extend its reach in the Philippine renewable energy market. Established in 2013, the experienced company plans to develop two floating solar power plants valued at P12.04 billion (USD 250 million).

To achieve this ambitious project, SunAsia Energy Inc. has teamed up with a Vietnamese renewable energy company, VinEnergo, by entering into a joint venture agreement worth 406 million PHP (USD 100 million). The partnership will see both companies collaborate on the development of the 422 MWp projects, with a projected cost of 406 million PHP (USD 100 million).

The projects will involve the installation of roughly 700,000 photovoltaic panels, arranged on concrete pile structures above the water bodies.

SunAsia Energy Inc., a respected player in the renewable energy sector, aims to extend its reach in the Philippine renewable energy market. Established in 2013, the experienced outfit plans to develop two floating solar power plants valued at P12.04 billion (USD 250 million).

To achieve this ambitious endeavor, SunAsia Energy Inc. has joined forces with a Vietnamese renewable energy company, VinEnergo, by forging a joint venture agreement worth 406 million PHP (USD 100 million). The partnership will see both companies collaborate on the development of the 422 MWp projects, with a projected cost of 406 million PHP (USD 100 million).

The projects will involve the installation of approximately 700,000 photovoltaic panels, arranged on concrete pile structures above the water bodies.

SunAsia Energy Inc., a respected player in the renewable energy sector, aims to expand its reach in the Philippine renewable energy sector. Established in 2013, the seasoned firm intends to establish two floating solar power plants valued at P12.04 billion (USD 250 million).

To achieve this ambitious endeavor, SunAsia Energy Inc. has forged a joint venture agreement with a Vietnamese company, VinEnergo, detailing a USD 100 million (PHP 406 million) project with a forecasted project cost of USD 100 million (PHP 406 million).

The initiatives will feature the installation of approximately 700,000 solar panels, positioned on concrete pile structures above water bodies.

SunAsia Energy Inc., a respected player in the renewable energy sector, is aiming to expand its reach in the Philippine renewable energy market. Established in 2013, the experienced firm intends to establish two floating solar power plants valued at P12.04 billion (USD 250 million). To achieve this ambitious endeavor, SunAsia Energy Inc. has formed a joint venture agreement with a Vietnamese company, VinEnergo, detailing a USD 100 million (PHP 406 million) project with a projected project cost of USD 100 million (PHP 406 million).

These initiatives will comprise the installation of approximately 700,000 solar panels, placed on concrete pile structures positioned above water bodies.

SunAsia Energy Inc. aims to expand its presence in the Philippine renewable energy sector. Founded in 2013, the experienced company plans to develop two floating solar power plants valued at P12.04 billion (USD 250 million). To achieve this ambitious project, SunAsia Energy Inc. has formed a joint venture agreement with a Vietnamese company, VinEnergo, detailing a PHP 406 million project with a projected PHP 406 million cost.

These projects will encompass the installation of around 700,000 solar panels, arranged on concrete pile structures situated above water bodies.

SunAsia Energy Inc., a recognized player in the renewable energy sector, plans to increase its influence in the Philippine renewable energy market. Established in 2013, the experienced corporation is determined to establish two floating solar power plants valued at P12.04 billion (USD 250 million). To achieve this ambitious endeavor, SunAsia Energy Inc. has formed a strategic partnership with a Vietnamese firm, VinEnergo, outlining a PHP 406 million project with a projected PHP 406 million cost.

These initiatives will encompass the deployment of roughly 700,000 solar panels, located on concrete pile structures positioned above water bodies.

SunAsia Energy Inc., a renowned player in the renewable energy sphere, aims to expand its presence in the Philippine renewable energy market. Established in 2013, the well-experienced enterprise is devoted to setting up two floating solar power stations valued at P12.04 billion (USD 250 million). To achieve this ambitious endeavor, SunAsia Energy Inc. has established a strategic collaboration with a Vietnamese firm, VinEnergo, outlining a PHP 406 million project with a projected PHP 406 million expense.

These projects will encompass the deployment of roughly 700,000 solar panels, situated on concrete pile structures positioned above water bodies.

SunAsia Energy Inc., a notable player in the renewable energy sector, is determined to expand its influence in the Philippine renewable energy arena. Established in 2013, the well-established corporation is devoted to establishing two floating solar power stations valued at P12.04 billion (USD 250 million). To accomplish this ambitious initiative, SunAsia Energy Inc. has established a strategic partnership with a Vietnamese company, VinEnergo, presenting a PHP 406 million project with a projected PHP 406 million expenditure.

These endeavors will encompass the installation of roughly 700,000 solar panels

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