Philippines' 35% renewable goal gets 120 MWp boost as NOVVA snaps up solar farm

The Philippines' ambition to source over a third of its power from renewables by 2030 is getting a private sector tailwind. NOVVA Group's first foray into the archipelago—a 120 MWp solar farm in Mindanao—represents a vote of confidence in the country's clean energy transition, even as electricity demand from data centers and industry soars.

The acquisition of a 120 MWp solar project in the Philippines by NOVVA Group underpins a growing trend: energy infrastructure is becoming the critical enabler of the AI-driven economy, and clean power is the currency of this new era. On June 19, 2026, NOVVA Group, styling itself as a global AI-enabling energy platform, announced the acquisition of the San Jose Solar Power Plant (SJSP) from Mabuhay Power Holdings Corporation. The greenfield project in Bukidnon, Mindanao, will add 120 MWp of solar capacity, with construction slated to begin in early 2027 and commercial operation by 2028, producing over 200 GWh annually. This is NOVVA's first foray into the Philippines and a cornerstone of its ambition to build a scalable, bankable power platform across Southeast Asia, integrating generation, storage, grid connectivity, and innovative financing.

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On June 19, 2026, NOVVA Group, styling itself as a global AI-enabling energy platform, announced the acquisition of the San Jose Solar Power Plant (SJSP) from Mabuhay Power Holdings Corporation.

The backdrop is a structural shift in Asian power markets. Hyperscale data centers, cloud regions, and AI training clusters are multiplying across Singapore, Malaysia, Thailand, and the Philippines. Electricity consumption from data centers in Southeast Asia is projected to grow multiple-fold by 2030. Grids are already strained, and long-term power purchase agreements (PPAs) for renewables have become a competitive necessity for tech giants. NOVVA's positioning as an 'AI-enabling' infrastructure player signals its intent to capture this demand, offering clean, dedicated energy supply to the next wave of digital and industrial expansion.

For the Philippines, the project aligns with the national target of a 35% renewable energy share by 2030. The country currently relies heavily on coal and imported fossil fuels, making new large-scale solar a welcome addition to the grid. Mindanao, in particular, has abundant solar irradiation and land, though grid connectivity and stability remain challenges. NOVVA's platform includes energy storage and flexible solutions, which may help mitigate intermittency, but details remain to be seen.