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‘Green lanes’ directive seen to speed up $1.2-B floating solar project

SunAsia Energy Inc. and its partner and investor Blueleaf Macquarie Capital have been recognized as the first beneficiary of President Ferdinand Marcos Jr.’s Executive Order No.18 “constituting green lanes for strategic investments.”  At the ceremonial launch of the green lanes attended by the President and held at Sofitel Philippine Plaza Manila last July 13, the...


Macquarie to invest $1.2B in Asia’s largest floating solar plant in Laguna Lake

Singapore-based Macquarie Capital has committed to invest at least $1.2 billion in the Philippines to build a 1,300- megawatt (MW) floating solar plant on Laguna Lake, touted to be the biggest of its kind in Asia. The investment firm signed a letter of intent during the state visit of President Ferdinand “Bongbong” Marcos Jr. in...