PHP7.5B Daanbantayan Solar Plant begins construction under Green Lane

The PHP7.5-billion Daanbantayan Solar Power Plant commenced construction this week following the fast-tracking of its documentary requirements under the Marcos administration's Green Lane initiative.

Developed by Acciona Energia Global and partnered with the Cebu provincial government, the project marks the country's first public-private partnership in the energy sector and is expected to supply electricity to 300,000 people.

Department of Trade and Industry Secretary Ma. Cristina Roque highlighted the success of the Green Lane program in attracting renewable energy investments and creating job opportunities, emphasizing its potential to reduce electricity costs in Cebu.

Acciona chairperson José Manuel Entrecanales Domecq announced that the solar power plant will have a peak capacity of 176 MW with a base capacity of 150 MW, and is expected to generate around 280 gigawatt-hours of clean energy annually, aligning with the government's renewable energy goals.

Commissioning is expected by late 2026, with the project serving as a major link between the eastern and central segments of the Visayas grid and projected to save about 259,000 tons of carbon dioxide emissions annually.