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Saudi utility giant ACWA signs deal for 500 MW solar project in Philippines

MANILA: Saudi utility developer ACWA Power will develop an energy storage facility powering a new smart city in the Philippines as part of a deal with the country’s government. The 500-hectare site will be constructed in a special economic zone near Manila. The deal was signed on Tuesday by the Saudi giant’s Philippine subsidiary and the Bases Conversion and Development Authority — a state agency managing and redeveloping former Philippine and US military bases.

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Saudi utility giant ACWA signs deal for 500 MW solar project in Philippines

ACWA Power signs 500 MW solar + battery storage deal in New Clark City, Philippines; $400M+ investment. Infrastructure underpins Philippines' AI/manufacturing hub strategy; signals government competing for energy-critical tech investment and industrial growth.

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BCDA, Saudi firm ink deal for 500-MW solar park

INQUIRER FILE PHOTO MANILA, Philippines – The Bases Conversion and Development Authority (BCDA) has sealed a land lease agreement with Saudi Arabian firm Acwa Power for the development of a

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mercoledì 3 giugno 2026·arabnews.com
Saudi utility giant ACWA signs deal for 500 MW solar project in Philippines
MANILA: Saudi utility developer ACWA Power will develop an energy storage facility powering a new smart city in the Philippines as part of a deal with the country’s government.…
mercoledì 3 giugno 2026·business.inquirer.net
BCDA, Saudi firm ink deal for 500-MW solar park
INQUIRER FILE PHOTO MANILA, Philippines – The Bases Conversion and Development Authority (BCDA) has sealed a land lease agreement with Saudi Arabian firm Acwa Power for the…