According to GlobalData, solar PV accounted for 6% of the Philippines’s total installed power generation capacity and 2% of total power generation in 2023. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Philippines Solar PV Analysis: Market Outlook to 2035 report. Buy the report here.

Installed capacity is forecast to increase from 2024 to 2035, at which point solar PV is expected to account for 25% of total installed generation capacity.

For more detailed analysis of the solar PV sector in the Philippines, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.