Philippines

Solar Market Outlook in Philippines

The Philippines’ growing solar market is due in part to the Philippine Energy Plan that has outlined the policies and steps needed for the country to reach its target of 20 GW renewable energy by 2040 (or 15 GW by 2030). As of 2021, the country’s solar energy generation capacity is at 1.2 GW. 

The solar power market in the Philippines takes on a liberal approach. It is also regulated through the Republic Act No. 9513 that promotes the development, utilization, and commercialization in the harnessing of renewable energy sources in the country. 

With the power consumption in the Philippines forecast to grow with a compound annual growth rate of 5.8 percent, the government believes in the importance of increasing its power generation capacity as well. Since the country does not import electricity, it is important that alternative sources be looked into in order to cope with the demand. Its tropical location that provides year-round access to sunlight makes solar power a valid option as a renewable energy source. The government has already expressed its plan to deploy more solar PV installations in order to reach its target solar capacity by 2030, as outlined in the National Renewable Energy Program. 

Solar Energy Equipment Supply Capacity in Philippines

There are several manufacturers of solar power equipment in the Philippines. For those looking for more options, you can find plenty of online and global distributors and suppliers.

Top 8 Major Seaports & Logistics in Philippines

The Philippines is an archipelago so there are plenty of seaports to facilitate trade and logistics of solar equipment. The top ports in the Philippines include

• the Port of Manila,
• Port of Cebu,
• Port of Batangas,
• Port of Subic,
• Port of Cagayan de Oro,
• Port of Davao,
• Port of Iloilo,
• Port of General Santos,
• Port of Zamboanga, 
• Port of Lucena.

Manufacturers

In the simplest terms, manufacturing is the process of producing actual goods or items/products through the use of raw materials, human labour, use of machinery, tools and other processes such as chemical formulation. This process usually starts with product designing and raw material selection, turning them into an actual product output. 

Solar Products Manufacturers and Factories

In terms of solar, manufacturing encompasses the fabrication or production of materials across the solar market chain. The most common product being manufactured by solar companies are the solar photovoltaic (PV) panels, which are made with several subcomponents such as solar wafers, cells, glass, back sheets, and frames. Before a solar panel comes into life, it will undergo a lot of processes, from designing, modelling, choosing what raw materials to use and then assembling them all to make the final product.

More Than Just Solar Panels

Aside from the solar panels, solar companies have many other manufactured products that are required to make solar energy systems work smoothly, like solar inverters, batteries, combiner boxes, and racking and tracking structures.

Having a solar manufacturing sector makes a big difference in supplying affordable solar energy in different areas. Aside from maintaining the rising domestic and global demand for cleaner and renewable energy, they also help the economy grow, particularly the solar industry. If you are in search of a reliable solar manufacturing company, checking out our solar outsourcing company, SolarFeeds, would help you get easy access to reliable information, news, data and a list of solar manufacturers that can help you with solar products.