Solar Philippines Faces P24-B Penalties over Terminated RE Contracts - BusinessWorld Online

Leviste defends firm after P24-B fine

Batangas First District Rep. Leandro Leviste defended Wednesday the track record of a firm that he founded as it faced a P24-billion fine imposed by the Departm

Solar Philippines faces P24-B penalties over terminated RE contracts - BusinessWorld Online

SOLAR PHILIPPINES Power Project Holdings, Inc. is facing P24 billion in fines for its failure to deliver nearly 12,000 megawatts (MW) of renewable energy (RE) over the last two years, according to the Department of Energy (DoE). “Out of the 17,904 MW of terminated contracts for 2025 and 2024… Solar Philippines would be 11,427 MW. That’s more or less equivalent to 64% of the terminated contracts,” Energy Secretary Sharon S. Garin said in a press …

Govt to sue Leviste company over scrubbed solar contracts

THE Department of Energy (DOE) on Tuesday said that it will pursue legal action against Rep. Leandro Leviste’s Solar Philippines Power Project Holdings Inc. to pay around P24 billion because of several solar power service contracts totaling 11,427 megawatts (MW) that were terminated over non-performance.Energy Secretary Sharon Garin said in a media briefing the agency will pursue all related obligations as this development has set back the count…

Leviste's solar firm fined P24 billion over stalled contracts

Leviste-led Solar Philippines is supposed to deliver nearly 12 gigawatts of renewable energy capacity