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During the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany, RWE and UAE partners signed two agreements: a Memorandum of Understanding (MoU) regarding Offshore Wind between RWE and Abu Dhabi Future Energy Company PJSC – Masdar, and a Letter of Intent (LOI) between RWE and ADNOC regarding future LNG supplies.

The agreements reinforce the growing economic and energy relationship between Germany and the UAE and reflect the ongoing dialogue between RWE and UAE companies, as well as their shared interest in supporting the development of renewable energy opportunities and enhancing energy security in Germany and Europe.

Under the MoU, RWE and Masdar intend to consider joint participation in German offshore wind auctions in 2027. This agreement has an indicative investment value exceeding EUR 3 billion and builds on Masdar and RWE’s long-standing partnership, reinforcing the UAE’s role as a committed investor in Germany’s energy sector and deepening bilateral cooperation in clean energy development.

Offshore wind is set to become one of the cornerstones of Germany’s energy system, combining large-scale renewable electricity generation with a high degree of reliability. With stronger and more consistent wind conditions at sea, offshore wind can make a significant contribution to a secure, climate-friendly and competitive power supply. Germany’s ambitious offshore expansion targets underline both the scale of the opportunity and the importance of strong partners.

The LOI between ADNOC and RWE Supply & Trading builds on ongoing discussions about long-term LNG supply opportunities established under the Strategic Collaboration Agreement signed in February this year. Both parties intend to agree on the terms of up to two LNG sale and purchase agreements, building upon key commercial terms covering deliveries to Germany and other European markets, as well as to Asian markets, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC MD & Group CEO, and Chairman of Masdar, said: “The UAE and Germany have built a strong partnership grounded in shared ambition, industrial cooperation and a commitment to energy security. The UAE’s intention to invest an additional €40 billion in Germany reflects the long-term confidence and ambition behind this partnership. Both offshore wind and LNG will play an important role in Germany’s future energy system, supporting industrial competitiveness and long-term economic growth. These agreements deepen our partnership with RWE and will help deliver the reliable energy infrastructure that will underpin Germany and Europe’s future prosperity.”

Dr Markus Krebber, CEO of RWE AG, said: “Offshore wind will play a central role in strengthening Europe’s energy security, accelerating decarbonisation and delivering reliable electricity at scale. Germany offers significant potential, and strong partnerships will be essential to turn that potential into future clean energy projects. We are therefore pleased to take another step with Masdar, a valued partner with whom we have built a successful, long-standing cooperation from London Array to Dogger Bank South. Together, we want to bring our complementary strengths and experience to the German market and support the country’s energy transformation with secure, sustainable and affordable power. We also welcome the Letter of Intent with ADNOC on potential future LNG supplies. It builds on the strategic collaboration we agreed in February and underlines our shared commitment to strengthening Germany’s and Europe’s security of supply while further diversifying RWE’s global LNG portfolio. We will now work together to further shape the potential commercial framework for long-term LNG deliveries to Germany, Europe and Asian markets.”

Mohamed Jameel Al Ramahi, CEO of Masdar, said: “Masdar has been investing in offshore wind for more than a decade, building deep experience across some of the sector’s most significant projects in the UK and Europe. From London Array to Baltic Eagle and Dogger Bank South, we have seen first-hand what can be achieved by combining long-term investment with strong partners and world-class technical expertise. Our partnership with RWE brings together complementary experience and a shared focus on disciplined execution, and we look forward to applying that expertise to new opportunities in Germany.”

RWE and Masdar jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 gigawatts. Their long-standing partnership in offshore wind dates back to the London Array offshore wind farm, which has been operational since 2013 and has a capacity of more than 600 megawatts. In September 2022, the companies signed an MoU to explore collaboration on offshore wind projects in key global markets, which subsequently led to Masdar becoming RWE’s partner in the Dogger Bank South offshore wind projects. Dogger Bank South comprises the East and West projects, which together will have an overall capacity of 3 gigawatts, making it one of the UK’s largest offshore wind projects currently under development. Earlier this year, RWE and Masdar secured Contracts for Difference for the projects in the UK Government’s Allocation Round 7, marking an important milestone for their delivery.

During the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany, RWE and UAE partners signed two agreements: a Memorandum of Understanding (MoU) regarding Offshore Wind between RWE and Abu Dhabi Future Energy Company PJSC – Masdar, and a Letter of Intent (LOI) between RWE and ADNOC regarding future LNG supplies.

The agreements reinforce the growing economic and energy relationship between Germany and the UAE and reflect the ongoing dialogue between RWE and UAE companies, as well as their shared interest in supporting the development of renewable energy opportunities and enhancing energy security in Germany and Europe.

Under the MoU, RWE and Masdar intend to consider joint participation in German offshore wind auctions in 2027. This agreement has an indicative investment value exceeding EUR 3 billion and builds on Masdar and RWE’s long-standing partnership, reinforcing the UAE’s role as a committed investor in Germany’s energy sector and deepening bilateral cooperation in clean energy development.

Offshore wind is set to become one of the cornerstones of Germany’s energy system, combining large-scale renewable electricity generation with a high degree of reliability. With stronger and more consistent wind conditions at sea, offshore wind can make a significant contribution to a secure, climate-friendly and competitive power supply. Germany’s ambitious offshore expansion targets underline both the scale of the opportunity and the importance of strong partners.

The LOI between ADNOC and RWE Supply & Trading builds on ongoing discussions about long-term LNG supply opportunities established under the Strategic Collaboration Agreement signed in February this year. Both parties intend to agree on the terms of up to two LNG sale and purchase agreements, building upon key commercial terms covering deliveries to Germany and other European markets, as well as to Asian markets, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC MD & Group CEO, and Chairman of Masdar, said: “The UAE and Germany have built a strong partnership grounded in shared ambition, industrial cooperation and a commitment to energy security. The UAE’s intention to invest an additional €40 billion in Germany reflects the long-term confidence and ambition behind this partnership. Both offshore wind and LNG will play an important role in Germany’s future energy system, supporting industrial competitiveness and long-term economic growth. These agreements deepen our partnership with RWE and will help deliver the reliable energy infrastructure that will underpin Germany and Europe’s future prosperity.”

Dr Markus Krebber, CEO of RWE AG, said: “Offshore wind will play a central role in strengthening Europe’s energy security, accelerating decarbonisation and delivering reliable electricity at scale. Germany offers significant potential, and strong partnerships will be essential to turn that potential into future clean energy projects. We are therefore pleased to take another step with Masdar, a valued partner with whom we have built a successful, long-standing cooperation from London Array to Dogger Bank South. Together, we want to bring our complementary strengths and experience to the German market and support the country’s energy transformation with secure, sustainable and affordable power. We also welcome the Letter of Intent with ADNOC on potential future LNG supplies. It builds on the strategic collaboration we agreed in February and underlines our shared commitment to strengthening Germany’s and Europe’s security of supply while further diversifying RWE’s global LNG portfolio. We will now work together to further shape the potential commercial framework for long-term LNG deliveries to Germany, Europe and Asian markets.”

Mohamed Jameel Al Ramahi, CEO of Masdar, said: “Masdar has been investing in offshore wind for more than a decade, building deep experience across some of the sector’s most significant projects in the UK and Europe. From London Array to Baltic Eagle and Dogger Bank South, we have seen first-hand what can be achieved by combining long-term investment with strong partners and world-class technical expertise. Our partnership with RWE brings together complementary experience and a shared focus on disciplined execution, and we look forward to applying that expertise to new opportunities in Germany.”

RWE and Masdar jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 gigawatts. Their long-standing partnership in offshore wind dates back to the London Array offshore wind farm, which has been operational since 2013 and has a capacity of more than 600 megawatts. In September 2022, the companies signed an MoU to explore collaboration on offshore wind projects in key global markets, which subsequently led to Masdar becoming RWE’s partner in the Dogger Bank South offshore wind projects. Dogger Bank South comprises the East and West projects, which together will have an overall capacity of 3 gigawatts, making it one of the UK’s largest offshore wind projects currently under development. Earlier this year, RWE and Masdar secured Contracts for Difference for the projects in the UK Government’s Allocation Round 7, marking an important milestone for their delivery.

During the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany, RWE and UAE partners signed two agreements: a Memorandum of Understanding (MoU) regarding Offshore Wind between RWE and Abu Dhabi Future Energy Company PJSC – Masdar, and a Letter of Intent (LOI) between RWE and ADNOC regarding future LNG supplies.

The agreements reinforce the growing economic and energy relationship between Germany and the UAE and reflect the ongoing dialogue between RWE and UAE companies, as well as their shared interest in supporting the development of renewable energy opportunities and enhancing energy security in Germany and Europe.

Under the MoU, RWE and Masdar intend to consider joint participation in German offshore wind auctions in 2027. This agreement has an indicative investment value exceeding EUR 3 billion and builds on Masdar and RWE’s long-standing partnership, reinforcing the UAE’s role as a committed investor in Germany’s energy sector and deepening bilateral cooperation in clean energy development.

Offshore wind is set to become one of the cornerstones of Germany’s energy system, combining large-scale renewable electricity generation with a high degree of reliability. With stronger and more consistent wind conditions at sea, offshore wind can make a significant contribution to a secure, climate-friendly and competitive power supply. Germany’s ambitious offshore expansion targets underline both the scale of the opportunity and the importance of strong partners.

The LOI between ADNOC and RWE Supply & Trading builds on ongoing discussions about long-term LNG supply opportunities established under the Strategic Collaboration Agreement signed in February this year. Both parties intend to agree on the terms of up to two LNG sale and purchase agreements, building upon key commercial terms covering deliveries to Germany and other European markets, as well as to Asian markets, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC MD & Group CEO, and Chairman of Masdar, said: “The UAE and Germany have built a strong partnership grounded in shared ambition, industrial cooperation and a commitment to energy security. The UAE’s intention to invest an additional €40 billion in Germany reflects the long-term confidence and ambition behind this partnership. Both offshore wind and LNG will play an important role in Germany’s future energy system, supporting industrial competitiveness and long-term economic growth. These agreements deepen our partnership with RWE and will help deliver the reliable energy infrastructure that will underpin Germany and Europe’s future prosperity.”

Dr Markus Krebber, CEO of RWE AG, said: “Offshore wind will play a central role in strengthening Europe’s energy security, accelerating decarbonisation and delivering reliable electricity at scale. Germany offers significant potential, and strong partnerships will be essential to turn that potential into future clean energy projects. We are therefore pleased to take another step with Masdar, a valued partner with whom we have built a successful, long-standing cooperation from London Array to Dogger Bank South. Together, we want to bring our complementary strengths and experience to the German market and support the country’s energy transformation with secure, sustainable and affordable power. We also welcome the Letter of Intent with ADNOC on potential future LNG supplies. It builds on the strategic collaboration we agreed in February and underlines our shared commitment to strengthening Germany’s and Europe’s security of supply while further diversifying RWE’s global LNG portfolio. We will now work together to further shape the potential commercial framework for long-term LNG deliveries to Germany, Europe and Asian markets.”

Mohamed Jameel Al Ramahi, CEO of Masdar, said: “Masdar has been investing in offshore wind for more than a decade, building deep experience across some of the sector’s most significant projects in the UK and Europe. From London Array to Baltic Eagle and Dogger Bank South, we have seen first-hand what can be achieved by combining long-term investment with strong partners and world-class technical expertise. Our partnership with RWE brings together complementary experience and a shared focus on disciplined execution, and we look forward to applying that expertise to new opportunities in Germany.”

RWE and Masdar jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 gigawatts. Their long-standing partnership in offshore wind dates back to the London Array offshore wind farm, which has been operational since 2013 and has a capacity of more than 600 megawatts. In September 2022, the companies signed an MoU to explore collaboration on offshore wind projects in key global markets, which subsequently led to Masdar becoming RWE’s partner in the Dogger Bank South offshore wind projects. Dogger Bank South comprises the East and West projects, which together will have an overall capacity of 3 gigawatts, making it one of the UK’s largest offshore wind projects currently under development. Earlier this year, RWE and Masdar secured Contracts for Difference for the projects in the UK Government’s Allocation Round 7, marking an important milestone for their delivery.

During the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany, RWE and UAE partners signed two agreements: a Memorandum of Understanding (MoU) regarding Offshore Wind between RWE and Abu Dhabi Future Energy Company PJSC – Masdar, and a Letter of Intent (LOI) between RWE and ADNOC regarding future LNG supplies.

The agreements reinforce the growing economic and energy relationship between Germany and the UAE and reflect the ongoing dialogue between RWE and UAE companies, as well as their shared interest in supporting the development of renewable energy opportunities and enhancing energy security in Germany and Europe.

Under the MoU, RWE and Masdar intend to consider joint participation in German offshore wind auctions in 2027. This agreement has an indicative investment value exceeding EUR 3 billion and builds on Masdar and RWE’s long-standing partnership, reinforcing the UAE’s role as a committed investor in Germany’s energy sector and deepening bilateral cooperation in clean energy development.

Offshore wind is set to become one of the cornerstones of Germany’s energy system, combining large-scale renewable electricity generation with a high degree of reliability. With stronger and more consistent wind conditions at sea, offshore wind can make a significant contribution to a secure, climate-friendly and competitive power supply. Germany’s ambitious offshore expansion targets underline both the scale of the opportunity and the importance of strong partners.

The LOI between ADNOC and RWE Supply & Trading builds on ongoing discussions about long-term LNG supply opportunities established under the Strategic Collaboration Agreement signed in February this year. Both parties intend to agree on the terms of up to two LNG sale and purchase agreements, building upon key commercial terms covering deliveries to Germany and other European markets, as well as to Asian markets, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC MD & Group CEO, and Chairman of Masdar, said: “The UAE and Germany have built a strong partnership grounded in shared ambition, industrial cooperation and a commitment to energy security. The UAE’s intention to invest an additional €40 billion in Germany reflects the long-term confidence and ambition behind this partnership. Both offshore wind and LNG will play an important role in Germany’s future energy system, supporting industrial competitiveness and long-term economic growth. These agreements deepen our partnership with RWE and will help deliver the reliable energy infrastructure that will underpin Germany and Europe’s future prosperity.”

Dr Markus Krebber, CEO of RWE AG, said: “Offshore wind will play a central role in strengthening Europe’s energy security, accelerating decarbonisation and delivering reliable electricity at scale. Germany offers significant potential, and strong partnerships will be essential to turn that potential into future clean energy projects. We are therefore pleased to take another step with Masdar, a valued partner with whom we have built a successful, long-standing cooperation from London Array to Dogger Bank South. Together, we want to bring our complementary strengths and experience to the German market and support the country’s energy transformation with secure, sustainable and affordable power. We also welcome the Letter of Intent with ADNOC on potential future LNG supplies. It builds on the strategic collaboration we agreed in February and underlines our shared commitment to strengthening Germany’s and Europe’s security of supply while further diversifying RWE’s global LNG portfolio. We will now work together to further shape the potential commercial framework for long-term LNG deliveries to Germany, Europe and Asian markets.”

Mohamed Jameel Al Ramahi, CEO of Masdar, said: “Masdar has been investing in offshore wind for more than a decade, building deep experience across some of the sector’s most significant projects in the UK and Europe. From London Array to Baltic Eagle and Dogger Bank South, we have seen first-hand what can be achieved by combining long-term investment with strong partners and world-class technical expertise. Our partnership with RWE brings together complementary experience and a shared focus on disciplined execution, and we look forward to applying that expertise to new opportunities in Germany.”

RWE and Masdar jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 gigawatts. Their long-standing partnership in offshore wind dates back to the London Array offshore wind farm, which has been operational since 2013 and has a capacity of more than 600 megawatts. In September 2022, the companies signed an MoU to explore collaboration on offshore wind projects in key global markets, which subsequently led to Masdar becoming RWE’s partner in the Dogger Bank South offshore wind projects. Dogger Bank South comprises the East and West projects, which together will have an overall capacity of 3 gigawatts, making it one of the UK’s largest offshore wind projects currently under development. Earlier this year, RWE and Masdar secured Contracts for Difference for the projects in the UK Government’s Allocation Round 7, marking an important milestone for their delivery.

During the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany, RWE and UAE partners signed two agreements: a Memorandum of Understanding (MoU) regarding Offshore Wind between RWE and Abu Dhabi Future Energy Company PJSC – Masdar, and a Letter of Intent (LOI) between RWE and ADNOC regarding future LNG supplies.

The agreements reinforce the growing economic and energy relationship between Germany and the UAE and reflect the ongoing dialogue between RWE and UAE companies, as well as their shared interest in supporting the development of renewable energy opportunities and enhancing energy security in Germany and Europe.

Under the MoU, RWE and Masdar intend to consider joint participation in German offshore wind auctions in 2027. This agreement has an indicative investment value exceeding EUR 3 billion and builds on Masdar and RWE’s long-standing partnership, reinforcing the UAE’s role as a committed investor in Germany’s energy sector and deepening bilateral cooperation in clean energy development.

Offshore wind is set to become one of the cornerstones of Germany’s energy system, combining large-scale renewable electricity generation with a high degree of reliability. With stronger and more consistent wind conditions at sea, offshore wind can make a significant contribution to a secure, climate-friendly and competitive power supply. Germany’s ambitious offshore expansion targets underline both the scale of the opportunity and the importance of strong partners.

The LOI between ADNOC and RWE Supply & Trading builds on ongoing discussions about long-term LNG supply opportunities established under the Strategic Collaboration Agreement signed in February this year. Both parties intend to agree on the terms of up to two LNG sale and purchase agreements, building upon key commercial terms covering deliveries to Germany and other European markets, as well as to Asian markets, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.

His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC MD & Group CEO, and Chairman of Masdar, said: “The UAE and Germany have built a strong partnership grounded in shared ambition, industrial cooperation and a commitment to energy security. The UAE’s intention to invest an additional €40 billion in Germany reflects the long-term confidence and ambition behind this partnership. Both offshore wind and LNG will play an important role in Germany’s future energy system, supporting industrial competitiveness and long-term economic growth. These agreements deepen our partnership with RWE and will help deliver the reliable energy infrastructure that will underpin Germany and Europe’s future prosperity.”

Dr Markus Krebber, CEO of RWE AG, said: “Offshore wind will play a central role in strengthening Europe’s energy security, accelerating decarbonisation and delivering reliable electricity at scale. Germany offers significant potential, and strong partnerships will be essential to turn that potential into future clean energy projects. We are therefore pleased to take another step with Masdar, a valued partner with whom we have built a successful, long-standing cooperation from London Array to Dogger Bank South. Together, we want to bring our complementary strengths and experience to the German market and support the country’s energy transformation with secure, sustainable and affordable power. We also welcome the Letter of Intent with ADNOC on potential future LNG supplies. It builds on the strategic collaboration we agreed in February and underlines our shared commitment to strengthening Germany’s and Europe’s security of supply while further diversifying RWE’s global LNG portfolio. We will now work together to further shape the potential commercial framework for long-term LNG deliveries to Germany, Europe and Asian markets.”

Mohamed Jameel Al Ramahi, CEO of Masdar, said: “Masdar has been investing in offshore wind for more than a decade, building deep experience across some of the sector’s most significant projects in the UK and Europe. From London Array to Baltic Eagle and Dogger Bank South, we have seen first-hand what can be achieved by combining long-term investment with strong partners and world-class technical expertise. Our partnership with RWE brings together complementary experience and a shared focus on disciplined execution, and we look forward to applying that expertise to new opportunities in Germany.”

RWE and Masdar jointly operate and develop offshore wind projects in the UK with a combined capacity of 3.6 gigawatts. Their long-standing partnership in offshore wind dates back to the London Array offshore wind farm, which has been operational since 2013 and has a capacity of more than 600 megawatts. In September 2022, the companies signed an MoU to explore collaboration on offshore wind projects in key global markets, which subsequently led to Masdar becoming RWE’s partner in the Dogger Bank South offshore wind projects. Dogger Bank South comprises the East and West projects, which together will have an overall capacity of 3 gigawatts, making it one of the UK’s largest offshore wind projects currently under development. Earlier this year, RWE and Masdar secured Contracts for Difference for the projects in the UK Government’s Allocation Round 7, marking an important milestone for their delivery.

ib vogt has broken ground on the 99-megawatt-peak (MWp) Luca Solar Power Plant in Ajuy, Iloilo, Philippines, marking the company’s latest solar project to enter construction in the country.

Once operational, the project is expected to generate approximately 158 gigawatt-hours (GWh) of clean electricity annually, enough to supply around 79,000 homes. The plant is also expected to avoid approximately 109,000 tonnes of carbon dioxide (CO₂) emissions each year.

The Luca Solar Power Plant is part of ib vogt APAC’s expansion in the Philippine renewable energy market. The company aims to reach approximately 500 MW of capacity in construction and operation in the Philippines by the end of 2026.

David Ludwig, Chief Executive Officer of ib vogt APAC, said the Luca project represents another step in the company’s expansion in the country.

Earlier this year, ib vogt’s first solar-and-storage project in the Philippines began delivering power. The company said the Luca project will further increase its operating and construction capacity, while another larger project is expected to enter construction before the end of the year.

ib vogt said the project has been supported by lenders, local communities and other stakeholders involved in its development.

Jose Luis Echávarri, Managing Director and Chief Operating Officer of ib vogt APAC, said the project is expected to provide clean electricity and more predictable energy costs over its projected 20-year operating life. Construction is also expected to create hundreds of local jobs, followed by skilled employment opportunities during the plant’s operational phase.

The Philippine Department of Energy highlighted the project’s potential contribution to the country’s growing electricity requirements.

Marissa P. Cerezo, Director IV of the Department of Energy’s Renewable Energy Management Bureau, said rising energy demand linked to economic growth requires an electricity system that is reliable, resilient, diversified and increasingly sustainable.

The project is being developed in Ajuy, where local authorities expect the solar plant to contribute to employment, investment and economic activity in the municipality and surrounding communities.

Ajuy Mayor Loida Espinosa said the project would create opportunities beyond electricity generation, including employment, investments and other economic benefits for Barangay Luca and the Municipality of Ajuy.

The UK Government is also supporting the project through British International Investment (BII), the UK’s development finance institution.

British Ambassador Sarah Hulton OBE said the UK’s support for the 99 MW Luca Solar Project is intended to help mobilize additional private-sector investment while expanding clean electricity generation and supporting energy security in the Visayas.

The project is expected to supply electricity equivalent to the consumption of approximately 79,000 households and contribute to the Philippines’ transition toward lower-carbon power generation.

ib vogt said RCBC and RCBC Capital arranged and financed the transaction, while Pentagreen Capital and British International Investment participated in the project’s capital structure.

The company also acknowledged the support of the provincial government of Iloilo and the municipalities of Ajuy and Barotac Viejo during the project’s development.

The Luca Solar Power Plant adds to ib vogt’s growing renewable energy portfolio in the Philippines as the company continues to expand its solar and energy infrastructure across the country.

ib vogt has broken ground on the 99-megawatt-peak (MWp) Luca Solar Power Plant in Ajuy, Iloilo, Philippines, marking the company’s latest solar project to enter construction in the country.

Once operational, the project is expected to generate approximately 158 gigawatt-hours (GWh) of clean electricity annually, enough to supply around 79,000 homes. The plant is also expected to avoid approximately 109,000 tonnes of carbon dioxide (CO₂) emissions each year.

The Luca Solar Power Plant is part of ib vogt APAC’s expansion in the Philippine renewable energy market. The company aims to reach approximately 500 MW of capacity in construction and operation in the Philippines by the end of 2026.

David Ludwig, Chief Executive Officer of ib vogt APAC, said the Luca project represents another step in the company’s expansion in the country.

Earlier this year, ib vogt’s first solar-and-storage project in the Philippines began delivering power. The company said the Luca project will further increase its operating and construction capacity, while another larger project is expected to enter construction before the end of the year.

ib vogt said the project has been supported by lenders, local communities and other stakeholders involved in its development.

Jose Luis Echávarri, Managing Director and Chief Operating Officer of ib vogt APAC, said the project is expected to provide clean electricity and more predictable energy costs over its projected 20-year operating life. Construction is also expected to create hundreds of local jobs, followed by skilled employment opportunities during the plant’s operational phase.

The Philippine Department of Energy highlighted the project’s potential contribution to the country’s growing electricity requirements.

Marissa P. Cerezo, Director IV of the Department of Energy’s Renewable Energy Management Bureau, said rising energy demand linked to economic growth requires an electricity system that is reliable, resilient, diversified and increasingly sustainable.

The project is being developed in Ajuy, where local authorities expect the solar plant to contribute to employment, investment and economic activity in the municipality and surrounding communities.

Ajuy Mayor Loida Espinosa said the project would create opportunities beyond electricity generation, including employment, investments and other economic benefits for Barangay Luca and the Municipality of Ajuy.

The UK Government is also supporting the project through British International Investment (BII), the UK’s development finance institution.

British Ambassador Sarah Hulton OBE said the UK’s support for the 99 MW Luca Solar Project is intended to help mobilize additional private-sector investment while expanding clean electricity generation and supporting energy security in the Visayas.

The project is expected to supply electricity equivalent to the consumption of approximately 79,000 households and contribute to the Philippines’ transition toward lower-carbon power generation.

ib vogt said RCBC and RCBC Capital arranged and financed the transaction, while Pentagreen Capital and British International Investment participated in the project’s capital structure.

The company also acknowledged the support of the provincial government of Iloilo and the municipalities of Ajuy and Barotac Viejo during the project’s development.

The Luca Solar Power Plant adds to ib vogt’s growing renewable energy portfolio in the Philippines as the company continues to expand its solar and energy infrastructure across the country.

ib vogt has broken ground on the 99-megawatt-peak (MWp) Luca Solar Power Plant in Ajuy, Iloilo, Philippines, marking the company’s latest solar project to enter construction in the country.

Once operational, the project is expected to generate approximately 158 gigawatt-hours (GWh) of clean electricity annually, enough to supply around 79,000 homes. The plant is also expected to avoid approximately 109,000 tonnes of carbon dioxide (CO₂) emissions each year.

The Luca Solar Power Plant is part of ib vogt APAC’s expansion in the Philippine renewable energy market. The company aims to reach approximately 500 MW of capacity in construction and operation in the Philippines by the end of 2026.

David Ludwig, Chief Executive Officer of ib vogt APAC, said the Luca project represents another step in the company’s expansion in the country.

Earlier this year, ib vogt’s first solar-and-storage project in the Philippines began delivering power. The company said the Luca project will further increase its operating and construction capacity, while another larger project is expected to enter construction before the end of the year.

ib vogt said the project has been supported by lenders, local communities and other stakeholders involved in its development.

Jose Luis Echávarri, Managing Director and Chief Operating Officer of ib vogt APAC, said the project is expected to provide clean electricity and more predictable energy costs over its projected 20-year operating life. Construction is also expected to create hundreds of local jobs, followed by skilled employment opportunities during the plant’s operational phase.

The Philippine Department of Energy highlighted the project’s potential contribution to the country’s growing electricity requirements.

Marissa P. Cerezo, Director IV of the Department of Energy’s Renewable Energy Management Bureau, said rising energy demand linked to economic growth requires an electricity system that is reliable, resilient, diversified and increasingly sustainable.

The project is being developed in Ajuy, where local authorities expect the solar plant to contribute to employment, investment and economic activity in the municipality and surrounding communities.

Ajuy Mayor Loida Espinosa said the project would create opportunities beyond electricity generation, including employment, investments and other economic benefits for Barangay Luca and the Municipality of Ajuy.

The UK Government is also supporting the project through British International Investment (BII), the UK’s development finance institution.

British Ambassador Sarah Hulton OBE said the UK’s support for the 99 MW Luca Solar Project is intended to help mobilize additional private-sector investment while expanding clean electricity generation and supporting energy security in the Visayas.

The project is expected to supply electricity equivalent to the consumption of approximately 79,000 households and contribute to the Philippines’ transition toward lower-carbon power generation.

ib vogt said RCBC and RCBC Capital arranged and financed the transaction, while Pentagreen Capital and British International Investment participated in the project’s capital structure.

The company also acknowledged the support of the provincial government of Iloilo and the municipalities of Ajuy and Barotac Viejo during the project’s development.

The Luca Solar Power Plant adds to ib vogt’s growing renewable energy portfolio in the Philippines as the company continues to expand its solar and energy infrastructure across the country.

ib vogt has broken ground on the 99-megawatt-peak (MWp) Luca Solar Power Plant in Ajuy, Iloilo, Philippines, marking the company’s latest solar project to enter construction in the country.

Once operational, the project is expected to generate approximately 158 gigawatt-hours (GWh) of clean electricity annually, enough to supply around 79,000 homes. The plant is also expected to avoid approximately 109,000 tonnes of carbon dioxide (CO₂) emissions each year.

The Luca Solar Power Plant is part of ib vogt APAC’s expansion in the Philippine renewable energy market. The company aims to reach approximately 500 MW of capacity in construction and operation in the Philippines by the end of 2026.

David Ludwig, Chief Executive Officer of ib vogt APAC, said the Luca project represents another step in the company’s expansion in the country.

Earlier this year, ib vogt’s first solar-and-storage project in the Philippines began delivering power. The company said the Luca project will further increase its operating and construction capacity, while another larger project is expected to enter construction before the end of the year.

ib vogt said the project has been supported by lenders, local communities and other stakeholders involved in its development.

Jose Luis Echávarri, Managing Director and Chief Operating Officer of ib vogt APAC, said the project is expected to provide clean electricity and more predictable energy costs over its projected 20-year operating life. Construction is also expected to create hundreds of local jobs, followed by skilled employment opportunities during the plant’s operational phase.

The Philippine Department of Energy highlighted the project’s potential contribution to the country’s growing electricity requirements.

Marissa P. Cerezo, Director IV of the Department of Energy’s Renewable Energy Management Bureau, said rising energy demand linked to economic growth requires an electricity system that is reliable, resilient, diversified and increasingly sustainable.

The project is being developed in Ajuy, where local authorities expect the solar plant to contribute to employment, investment and economic activity in the municipality and surrounding communities.

Ajuy Mayor Loida Espinosa said the project would create opportunities beyond electricity generation, including employment, investments and other economic benefits for Barangay Luca and the Municipality of Ajuy.

The UK Government is also supporting the project through British International Investment (BII), the UK’s development finance institution.

British Ambassador Sarah Hulton OBE said the UK’s support for the 99 MW Luca Solar Project is intended to help mobilize additional private-sector investment while expanding clean electricity generation and supporting energy security in the Visayas.

The project is expected to supply electricity equivalent to the consumption of approximately 79,000 households and contribute to the Philippines’ transition toward lower-carbon power generation.

ib vogt said RCBC and RCBC Capital arranged and financed the transaction, while Pentagreen Capital and British International Investment participated in the project’s capital structure.

The company also acknowledged the support of the provincial government of Iloilo and the municipalities of Ajuy and Barotac Viejo during the project’s development.

The Luca Solar Power Plant adds to ib vogt’s growing renewable energy portfolio in the Philippines as the company continues to expand its solar and energy infrastructure across the country.