ib vogt announced that it has reached financial close for its 99 MWp Tantangan solar power project in the Philippines, backed by PHP 4.49 billion (USD 80 million) in green project financing from HSBC.

Located in South Cotabato, the 99 MWp solar PV plant will play a key role in delivering affordable, renewable energy to the region and advancing the Philippines’ broader clean energy transition.

The project marks ib vogt’s second solar development in Mindanao, and has commenced construction in Q1 2025, with commissioning targeted for Q2 2026. The power plant will generate over 150 GWh of clean electricity annually, enough to power more than 82,000 households, and reduce over 66,000 tonnes of CO₂ emissions per year. ib vogt announced that it has reached financial close for its 99 MWp Tantangan solar power project in the Philippines, backed by PHP 4.49 billion (USD 80 million) in green project financing from HSBC.

Located in South Cotabato, the 99 MWp solar PV plant will play a key role in delivering affordable, renewable energy to the region and advancing the Philippines’ broader clean energy transition.

The project marks ib vogt’s second solar development in Mindanao, and has commenced construction in Q1 2025, with commissioning targeted for Q2 2026. The power plant will generate over 150 GWh of clean electricity annually, enough to power more than 82,000 households, and reduce over 66,000 tonnes of CO₂ emissions per year.