The Philippine Economic Zone Authority (PEZA) has appointed Authentic Renewable Energy and Eco-Friendly Energy Network Corp. (GREEENC) formally registered as an ecozone enterprise for the production and export of PV modules, with the European Union as its main target market.
PEZA, a Philippine government investment promotion agency, has signed a registration agreement with GREENC, paving the way for the company to manufacture, assemble and export PV modules from an industrial park in Batangas province, south of Manila.
PEZA signed the agreement this week at its headquarters, with Director General Tereso O. Panga and GREENC President Joseph P. Aguilar. GREENC is a newcomer to solar energy production with a limited public operational track record.
GREEENC has committed an initial investment of PHP370 million ($6.16 million) and expects export sales of $132 million over the entire incentivized period. The company said its PV modules will serve residential, commercial, industrial, agricultural, utility and off-grid applications, with the offering primarily aimed at European markets.
Panga said in a LinkedIn post that the investment comes at a time of heightened energy insecurity and rising global fuel costs, noting that renewable energy production strengthens long-term resilience. He said projects like GREENC’s generate jobs and technological progress while reducing dependence on imported fossil fuels.
The registration is in line with President Ferdinand Marcos Jr.’s sustainable energy agenda, which prioritizes energy diversification and the expansion of green industries. PEZA has expanded its renewable energy production program, with export-oriented solar projects as part of recent approvals in its ecozone network.
GREEENC plans to produce PV modules in Light Industry and Science Park III, a 124-hectare PEZA ecozone in Batangas province that has been operational since 2002. It offers tax breaks and duty-free imports for export-oriented manufacturers.
The GREENC registration contributes to a small but growing footprint of solar energy production in the Philippines. Singapore-based Gstar launched a 1.5 GW solar module and 1.5 GW cell factory in Subic Bay in May 2025, the first confirmed large-scale solar manufacturing facility in the country.
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