Whole Sun’s 3.6MW solar power plant in Wakayama, Japan. (Photo: Whole Sun)
Taiwanese renewable energy developer Whole Sun Green Power entered Southeast Asia nearly a decade ago with ambitious plans to expand its solar business beyond Taiwan and Japan. Instead, an abrupt policy reversal in the Philippines forced the company to shelve projects worth more than USD 50 million.
Nearly ten years later, the company is returning to the market with renewed confidence, now aiming to develop 1GW of renewable capacity in the Philippines between 2026 and 2029. In this exclusive interview with RECCESSARY, the company reflects on what it learned from earlier setbacks and how those lessons are shaping its next phase of development.
Unlock the full article to explore three key takeaways:
- Why the Philippines initially attracted solar developers with high electricity prices, strong solar resources and early policy incentives.
- How policy changes forced Whole Sun to reassess its market strategy and rebuild local partnerships over nearly a decade.
- How the company now manages development risks, from grid connection constraints to capital recycling, as it expands its renewable pipeline in the Philippines.