DOE seeks P24 billion penalties over canceled Solar Philippines contracts - News Summed Up

DOE seeks P24 billion penalties over canceled Solar Philippines contracts


DOE seeks P24 billion penalties over canceled Solar Philippines contractsEnergy Secretary Sharon Garin said Solar Philippines’ terminated deals account for more than 11,400 megawatts (MW), or about 64 percent of the total capacity of all renewable power service contracts terminated in 2024 and 2025. MANILA, Philippines — The Department of Energy (DOE) is pursuing roughly P24 billion in penalties from Solar Philippines, founded by Batangas Rep. Leandro Leviste, following the termination of its 33 contracts over the past two years. Garin said Solar Philippines, along with other developers whose contracts were terminated, failed to meet their contractual obligations and did not comply with the agreed project timelines. Of the total capacity covered by Solar Philippines’ contracts, 1,370 MW had been awarded during the government’s first two green energy auction rounds. For those noncompliant, the agency is considering filing civil, criminal or administrative cases against the developers behind these contracts, Garin said.


Source: Philippine Star January 14, 2026 01:16 UTC



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