Philippine Energy Market
As one of the most dynamic renewable energy markets in Southeast Asia, the Philippines has seen a continuous increase in photovoltaic installations in recent years.
Due to its location near the equator, the Philippines has abundant sunlight resources, making it very suitable for the development of solar energy related industries. This has prompted the Philippine authorities to continue promoting increased investment in the new energy power industry, with policy support for renewable energy sources such as wind and solar power.
Solar energy has become an important direction for the energy transition in the Philippines. According to the planning of the Department of Energy (DOE) in the Philippines, by 2030, the proportion of renewable energy in the power structure will increase to 35%, and photovoltaics will become one of the fastest-growing clean energy sources.
RAYSTECH is a high-tech enterprise specializing in the research and development, production, and sales of solar photovoltaic products. Its main business includes the production and sales of supporting components such as solar modules, photovoltaic brackets, and photovoltaic switches. We not only provide efficient production, but also offer optimized component raw material ratio services for photovoltaic module manufacturers both domestically and internationally.
In response to the climate characteristics of high temperature, high humidity, and multiple typhoons in the Philippines, RAYSTECH has launched the TOPCon series of double-sided components with innovative technologies such as passivated contacts and ultra-fine multi main grids. Combined with high conversion efficiency and excellent anti PID performance, it can help customers achieve higher power generation revenue, lower BOS and electricity cost, covering multiple scenarios such as large ground power stations, industrial and commercial distributed systems, and household rooftop photovoltaics.
Against the backdrop of accelerating global energy transition, Southeast Asia is becoming a new engine for global photovoltaic growth. In the future, with leading technology and rich project experience, RAYSTECH will continue to strengthen its localization layout, provide products and services that better meet market demand, and work together with partners to promote the green energy transformation of the Philippines and even the entire Southeast Asia.
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