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.

Wholesalers

Solar Products Wholesalers 

Wholesaling refers to buying some products or goods directly from its manufacturer usually at a discount and then reselling it to the retailers for a comparatively higher cost than the original. Basically, wholesalers handle products and package them in small quantities and then sell them to retail customers, either for commercial or personal use. 

Many industries have wholesalers, and that will not skip the solar industries. Nowadays, many solar wholesale stores/firms are operating across the globe, making it much easier for retailers to go solar. Sometimes retailers find it hard to reach direct manufacturers of solar products because some companies do not have their solar stores/shops in public, with that they are not also offering solar products per piece. Through wholesale solar stores/shops, these individuals can easily buy the solar products that they need to replace or maintain their solar systems. 

If you are in need of solar product suppliers for an individual purpose, you may visit some solar outsourcing marketplace to get an updated list of solar wholesalers near your location. There are many solar platforms that provide enough information and data about the solar industry in your region, including all the reliable solar wholesalers in town.