Spanish Energy Giant Diverxia Just Set Up Shop in Makati — They're Building Massive Solar Farms Across the Philippines
A Spanish renewable energy developer just planted its flag in the Philippines. Diverxia, the clean energy arm of Valencia-based Grupo Alonso, has opened operational headquarters in Makati City after a year of regulatory analysis and technical assessments — and they're here to build utility-scale solar farms.
The move is strategically timed: the Philippine government has set an ambitious target of increasing renewables to 35% of the energy mix by 2030. With rising electricity demand and heavy reliance on imported fossil fuels, the country desperately needs large-scale solar deployments — and Diverxia sees a massive opportunity.
Globally, Diverxia manages a pipeline of approximately four gigawatts across Europe, the Americas, and Asia. In the Philippines, they plan to handle everything from land acquisition to the ready-to-build stage, applying European governance standards to mitigate the bureaucratic and land-use challenges that have historically slowed solar projects in the archipelago.
'The Philippine renewable energy market offers strong long-term opportunities,' said Jose Luis Martinez, Diverxia's head of business development. 'Our goal is to support its continued growth by applying structured development practices, technical rigor, and a long-term strategic vision.'
While the company didn't disclose specific investment figures, utility-scale solar projects in the region typically require billions of pesos in capital expenditure. Diverxia operates as a fully integrated platform — developer, EPC contractor, and independent power producer — and has delivered more than 1.5 gigawatts of renewable capacity worldwide. Good news for Philippine electricity bills, eventually.
Source: Manila Bulletin
