The Philippines has completed installation of a 4.99 MW floating PV system.
Billed as the country's first MW-level floating solar system, the project features 8,540 solar panels across 3 hectares on the Malubog reservoir, at a copper mine in the island province of Cebu.
The solar installation currently produces enough energy to meet 10% of the mine's power needs. Plans call for scaling the project to 50 MW, which would enable it to fully power Carmen Copper's operations.
Elsewhere in the Philippines, developers began construction of a 99 MW Tantangan solar project this week. German solar company ib vogt is building the array in South Cotabato, a province in the Mindanao region in the south of the Philippines.
The project has PHP 4.49 billion in green financing from British bank HSBC. ib vogt said the project is also the first to benefit from a joint development and construction facility established by British International Investment and Pentagreen Capital.
The plant is scheduled for completion in 2026 and will generate electricity for more than 82,000 households.
