Market Scenario

Philippine Solar & Power Expo is the Philippines one of the biggest clean energy event and your one-stop shop to take the note of one of the world's fastest growing energy markets. It's more than an exhibition it's a marketplace where installers, distributors, project developers, policymakers, solution providers and technology leaders come together - and where you can grow your solar and energy storage business by making thousands of in-person connections. The Exhibition also will have eminent speakers speaking on the need and the current requirement of Solar and Power in Philippines. Philippine Solar Power and Energy Expo showcases innovative, market leading solutions for Commercial & Industrial solar projects, large scale utility projects, residential projects, small scale community-based projects and the technologies that support them.

The Philippines is one of the most promising solar markets in the world, and the government is committed to boost renewable energy sources. The country has set a target of generating 35% of its energy from renewables by 2030 and 50% by 2040,providing a stable and supportive policy environment for investors, based on the National Renewable Energy Program (NREP) 2020-2040. There is a high demand for solar power in the Philippines, both in commercial and industrial, and in remote areas where access to traditional electricity is limited. The Philippines will more than double its solar power output by 2030. The Philippines is home to the world's largest solar installation, completing in early 2026, with 3.5 GW of solar panels and 4 GWh of battery storage. And there's more on the way!

• India Philippines Bilateral trade presently stands at US $ 1738.99 million (Exports from India-USD 1287.07 million, Indian imports from Philippines stand at USD 451.92 million).
• The Philippines construction market size was $59.4 billion in 2022. The market is projected to achieve an AAGR of more than 6% during 2024-2027. The growth of the market is attributed to the government’s focus on the development of transport and energy infrastructure, and affordable housing.
• Construction industry in the Philippines to expand by 8.5% in 2023, supported by the government's focus on the development of the infrastructure and energy sectors. As part of the 2023 State Budget, around PHP5 trillion ($89.4 billion) was allocated across all economic sectors by August 2023, equivalent to 95% of the total allocation.
• Philippine construction industry's value grew by 14% year on year (YoY) in the third quarter of 2023, preceded by Y-o-Y growth of 3.6% in quarter 2 and 11.1% in quarter 1 in 2023.
• The total gross fixed capital formation (GFCF) in the construction industry rose by 12.4% YoY in the third quarter 2023, preceded by Y-o-Y growth of 2.4% in quarter 2 and 14.4% in quarter 1 of 2023.

WHY VISIT PCCP MANILA PHILIPPINE

• New product's discover and innovations and happenings in healthcare sector, to gain new products and business and offer new things in your business.
• Engage Exhibitors from world over showcasing their products and specifications in the Building & Construction, Ceramics and Power Sector.
• Discuss opportunities of partnership and sourcing for re-supply & employing in operations
• Investment sources, understanding new prospects, demand-supply and opportunities in the sector