(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
Homes.ph
About UsBuyRentMortgageCPD
Join Us!

News

Latest Property News

Fresh market updates, buying tips, and local developments for smarter decisions.

Read News

Market Movements

Track pricing shifts and demand trends in key areas.

Buying Guides

Step-by-step explainers for first-time buyers and investors.

Developer Updates

Announcements, launches, and project status updates.

Tourism News

Travel And Stay Highlights

Destination spotlights, visitor updates, and tourism growth stories across the country.

Read Tourism News

Destination Features

Discover rising travel hotspots and weekend escapes.

Hospitality Trends

What is shaping hotel, resort, and short-stay demand.

Local Event Coverage

Events and festivals driving traffic to local communities.

Restaurant News

Food Scene Updates

Restaurant openings, chef stories, and food business insights in your area.

Read Restaurant News

New Openings

Recently launched cafes, diners, and premium concepts.

Industry Insights

What operators are doing to scale and retain customers.

Dining Guides

Curated lists and neighborhood food recommendations.

Sponsored

HomesPH

Advertisement Unavailable

Advertisement
View all market, tourism, and restaurant updates
List PropertyLogin
Homes.ph
About UsBuyRentNewsMortgageCPDJoin Us

Contact

(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
List PropertySign in
    HOMESPHNEWSBusiness & EconomyPanay's Largest Solar Plant Nears June Launch, Positioning Iloilo as a Renewable Energy Hub

    Panay's Largest Solar Plant Nears June Launch, Positioning Iloilo as a Renewable Energy Hub

    Updated 9 Hours Ago
    ByHOMESPH NEWS
    0 views

    Panay's largest solar plant—the 62‑MWp Ajuy project—is over 90 percent complete and will begin operations in June 2026, strengthening Iloilo's position as a Visayan renewable energy hub.

    Business & Economy

    Iloilo City

    Article image

    AJUY, ILOILO — In a few weeks, the 47.86‑hectare expanse of solar panels stretching across Barangay Tipacla will hum to life, and Panay Island will never have generated electricity the same way. The 62‑megawatt peak Ajuy Solar Project of SOLARIS is now more than 90 percent complete and on track to begin commercial operations in June 2026. Once energized, it will become the largest solar power plant on Panay, strengthening grid reliability while delivering competitively priced renewable energy directly into the Visayas electricity network.

    The project has been recognized by the national government and the Department of Energy as an Energy Project of National Significance, a designation reserved for large‑scale developments that materially advance the country's power infrastructure. It forms part of the government's Green Energy Auction Program, a mechanism designed to accelerate the country's renewable energy transition and meet the targets set in the DOE's Power Development Plan 2023–2050, which calls for 35 percent renewable energy in the power generation mix by 2030 and 50 percent by 2040. SOLARIS said the facility is projected to strengthen power supply reliability on Panay, an island that has experienced recurring grid instability.

    A Construction Workforce of 700, a Community Transformed

    At the peak of construction, the project employed more than 700 workers, many drawn from Ajuy and the surrounding municipalities of northern Iloilo. The infusion of wages into the local economy during the build phase was immediate, circulating through sari‑sari stores, palengkes, and tricycle terminals in a municipality whose primary economic identity has long been tied to agriculture and fisheries. SOLARIS confirmed that additional jobs and long‑term opportunities are expected once the facility enters its operational phase, as maintenance crews, security personnel, and technical staff will be needed for the plant's decades‑long lifespan.

    The Ajuy project is the first major ground‑mounted solar facility in Iloilo province. Its scale—62 MWp across nearly 48 hectares—positions it as a reference point for the larger solar developments now advancing through regulatory and permitting processes across the province. The company acknowledged the strong support of the Municipal Government of Ajuy, the Provincial Government of Iloilo under Governor Arthur Defensor Jr., partner agencies, and host communities. The project underwent required regulatory, permitting, land reclassification, and land conversion processes in accordance with applicable national and local requirements.

    A Province Positioning Itself as the Visayas' Clean Energy Capital

    The Ajuy plant is not an isolated development. It is the most advanced piece of a broader renewable energy buildout that is quietly reshaping Iloilo's economic geography. A 120‑MW solar farm has been proposed in Concepcion, to be developed by MGen Renewable Energy Inc. in partnership with Saudi‑based ACWA Power. Vivant Energy is advancing a 173.1‑MWp solar‑plus‑battery‑storage project in Anilao. The Department of Energy has fast‑tracked 22 renewable energy projects across Western Visayas, spanning solar, hydro, biomass, and wind. Each project adds generating capacity to the grid, but together they signal a structural shift: Iloilo is emerging as the Visayas' most concentrated hub for renewable energy investment.

    For businesses evaluating where to locate, grid reliability and power costs are increasingly decisive variables. A province that hosts its own utility‑scale solar generation is a province that can offer locators a cleaner, more stable, and potentially more affordable electricity supply than one dependent on imported fossil fuels. Iloilo's property market has already outpaced Metro Cebu in total occupied office transactions for the first time, and its residential take‑up rates lead the Visayas‑Mindanao region. The Ajuy Solar Project, by strengthening the grid and signaling to investors that the province has the infrastructure to support continued growth, reinforces the case for Iloilo as both a real‑estate destination and an industrial location.


    HOMESPH NEWS

    May 28, 2026

    HomesPH

    Advertisement Unavailable

    Latest Stories

    Solomon Islands Leaders Visit Davao City to Study Economic Zone Success for National Growth

    Solomon Islands Leaders Visit Davao City to Study Economic Zone Success for National Growth

    May 28, 2026

    Iconic Giant Pineapple: The Must-Visit Landmark in Bukidnon’s Rolling Hills

    Iconic Giant Pineapple: The Must-Visit Landmark in Bukidnon’s Rolling Hills

    May 28, 2026

    A New Chapter: Philippines Secures P210-Billion Investment Pledges from Japan

    A New Chapter: Philippines Secures P210-Billion Investment Pledges from Japan

    May 28, 2026

    The Burden of Borrowing: Comparing Household Debt Across ASEAN
    HomesPH

    Advertisement Unavailable

    HomesPH

    Advertisement Unavailable

    HomesPH

    Advertisement Unavailable

    The Burden of Borrowing: Comparing Household Debt Across ASEAN

    May 28, 2026

    Trending

    Cebu Transport Co-ops Soon to Benefit from New Down-Payment-Free Electric Bus Program

    Cebu Transport Co-ops Soon to Benefit from New Down-Payment-Free Electric Bus Program

    May 28, 2026

    More Residents in General Santos Are Exploring Small Investments and Side Businesses

    More Residents in General Santos Are Exploring Small Investments and Side Businesses

    May 28, 2026

    Digital Payments Are Quietly Changing Everyday Business Transactions in General Santos

    Digital Payments Are Quietly Changing Everyday Business Transactions in General Santos

    May 28, 2026

    DBP Strengthens Human Capital Development Through Major Scholarship Initiative

    DBP Strengthens Human Capital Development Through Major Scholarship Initiative

    May 28, 2026

    HomesPH

    Advertisement Unavailable

    HomesPH

    Your trusted partner in finding the perfect home. Connecting Filipinos with quality properties nationwide.

    Quick Links

    HomeBuyRentNewsContact Us

    Resources

    Event ManagementMortgage ApplicationHome Buying GuideSearch PropertiesLoginRegister

    Contact Us

    (+63) 977-815-0888

    Mon-Sat 9AM-6PM

    [email protected]

    We reply within 24hrs

    Cebu, Philippines

    Serving nationwide

    © 2026 Homes.ph. All rights reserved. Your dream home awaits.

    Powered by passion and innovation

    Privacy PolicyData PrivacyTerms of ServiceSitemap