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.

OEM

Custom Made Solar Products OEM

OEM stands for Original Equipment Manufacturer which is commonly referred to as a company that manufactures and offers parts and accessories of items that are used as components of a product from another company. To sum it up, OEM commonly manufactures specific items on behalf of brands. Though OEM typically operates in the computer and technology industries, it also works in the solar industry.

Factories for White Label Solar Products

In the case of the solar industry, most solar companies work with solar OEMs to build and design their own solar products such as solar panels, cells, modules, etc. OEM becomes their outsourcing partner that helps them in assembling and reproducing their solar products.

Nowadays, a huge number of solar companies, particularly those large solar manufacturing companies, are partnering with outstanding solar OEMs to deliver the best quality solar products to their solar customers. Mainly, the reason is, these solar OEMs help solar manufacturers cut down their production costs since they no longer have to operate their own factories, purchase needed materials and hire labour to produce their solar products.

As a solar manufacturing company, the first thing you need to consider is to find the most reliable solar OEM in the market. One of the biggest perks of the internet these days is you can now easily find these OEMs even in the comfort of your home. With the help of a solar outsourcing marketplace such as SolarFeeds.com, you can easily find the most reliable and right OEM partner for your solar company. Solar outsourcing marketplace helps solar industry professionals gather accurate and timely information about solar including the list of most trusted Solar Original Equipment Manufacturers.