{"id":373264,"date":"2026-07-28T17:01:50","date_gmt":"2026-07-28T11:31:50","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=373264"},"modified":"2026-07-28T17:01:50","modified_gmt":"2026-07-28T11:31:50","slug":"sunasia-eyes-p12-b-floating-solar-projects-in-laguna","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/07\/28\/sunasia-eyes-p12-b-floating-solar-projects-in-laguna\/","title":{"rendered":"SunAsia eyes P12-B floating solar projects in Laguna"},"content":{"rendered":"

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STOCK PHOTO | Image by Soren H from Unsplash<\/a><\/figcaption><\/figure>\n<\/div>\n

SUNASIA ENERGY, Inc. is looking for to expand its renewable energy portfolio in Luzon with plans to develop P12.04 billion price of floating solar energy projects in Laguna.<\/span><\/p>\n

NewAsia Power Energy II Corp. (NPE2C) and Nortesol II Inc. (N2I), each subsidiaries of SunAsia, are proposing to develop two floating photovoltaic (PV) power plants with a capability of 131.789 megawatts-peak (MWp) each, based on separate filings with the Department of Environment and Natural Resources (DENR).<\/span><\/p>\n

NPE2C plans to develop the Sta. Rosa Floating PV Power Plant, while N2I will undertake the Cabuyao 1 Floating PV Power Plant.<\/p>\n

The proposed projects will occupy two of the ten blocks designated by the Laguna Lake Development Authority for renewable energy developments.<\/span><\/p>\n

Each project will cover 117.50 hectares and can use 202,800 solar panels and 396,000 inverters.<\/span><\/p>\n

\u201cThe initiative seeks to scale back dependence on fossil fuels, mitigate the impacts of climate change, and contribute to Luzon\u2019s energy supply,\u201d the businesses said of their filings.<\/p>\n

Each projects are targeted to start industrial operations by early 2028.<\/p>\n

Established in 2013, SunAsia has developed solar projects across the country, including a 60-megawatt (MW) facility in Toledo, Cebu, a 20-MW project in Pangasinan, and a floating solar photovoltaic test bed in Laguna Lake.<\/p>\n

The corporate recently partnered with Vietnamese renewable energy company VinEnergo to develop 422-MWp solar-on-water projects price $406 million (about P25 billion) in Pampanga and Negros Occidental.<\/p>\n

The projects will involve the installation of nearly 700,000 solar panels mounted on concrete pile structures above water. \u2014 Sheldeen Joy Talavera<\/b><\/p>\n<\/p><\/div>\n

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STOCK PHOTO | Image by Soren H from Unsplash SUNASIA ENERGY, Inc. is looking for to expand its renewable energy portfolio in Luzon with plans to develop P12.04 billion price of floating solar energy projects in Laguna. NewAsia Power Energy II Corp. (NPE2C) and Nortesol II Inc. (N2I), each subsidiaries of SunAsia, are proposing to […]<\/p>\n","protected":false},"author":1,"featured_media":373265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1570,26486,18359,22512,10974,3137,54337],"class_list":["post-373264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eyes","tag-floating","tag-laguna","tag-p12b","tag-projects","tag-solar","tag-sunasia"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t