CvSU signs P2-billion solar deal to cut energy costs, boost green capacity

Cavite State University (CvSU) has signed a two-billion-peso agreement with the Philko Group of Companies to install solar power systems across its 13 campuses, the university said, as the Philippines pushes to expand renewable energy capacity.

The project, structured as a public-private partnership, aims to reduce the university’s electricity costs, generate revenue from surplus energy sold to the national grid, and earn carbon credit income, CvSU said.

University President Agnes Nuestro signed the contract as part of an initiative backed by Presidential Adviser for Poverty Alleviation Larry Gadon.

The program also covers hospitals under the Department of Health.

CvSU said the additional baseload capacity would support the Philippines’ target of achieving a 35% renewable energy mix by 2030, in line with its commitments under the Paris Agreement and the Kyoto Protocol.

The Philippines has been accelerating solar energy adoption as part of broader efforts to reduce dependence on coal, which accounts for more than half of the country’s power generation.

The government’s energy transition roadmap envisions solar capacity growing to over 20 gigawatts by 2040, from roughly 3 gigawatts today.

Universities and public institutions have increasingly been tapped as sites for renewable installations, combining infrastructure investment with energy cost savings for state agencies.