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Sta. Rosa Solar Plant

Sector: Solar • Location: Philippines

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of 40MWAC (60MWp DC) Sta. Rosa Solar plant, located in Concepcion, Tarlac, Philippines. The project entered into a 20-year Power Supply Agreement with a leading Retail Energy Supplier. The SPV is called Terasu Energy, Inc. and is owned by Sindicatum Renewable Energy Holdings Philippines, Inc. (a subsidiary of Sindicatum Renewable Ene

Status
Prospective
Sector
Solar, Power Generation (CCGT), Government, Commercial
Location
Philippines
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Sta. Rosa Solar Plant” is an infrastructure initiative in the Solar sector, located in Philippines. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project involves the development, construction and operation of 40MWAC (60MWp DC) Sta. Rosa Solar plant, located in Concepcion, Tarlac, Philippines. The project entered into a 20-year Power Supply Agreement with a leading Retail Energy Supplier. The SPV is called Terasu Energy, Inc. and is owned by Sindicatum Renewable Energy Holdings Philippines, Inc. (a subsidiary of Sindicatum Renewable Energy Company Pte. Limited). Development Bank of the Philippines (DBP) signed a PHP 1.65 billion loan ($31.6 million) on 20 September 2019. Solenergy Systems Inc. is the local EPC partner for the project. The plant is under construction and is expected to be operational by H1 2020. https://www.dbp.ph/newsroom/dbp-boosts-support-for-renewable-energy/ https://solenergy.com.ph/projects/terasu/ https://www.sindicatum.com/portfolio/sta-rosa-solar/

Original sector

Energy

Budget

Location

Country

Philippines

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-20

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