Manila, Oct. 19 -- Singapore-based Vena Energy's planned PHP245 billion expansion is set to add 2.6 gigawatts (GW) of renewable energy capacity in the Philippines, the Department of Trade and Industry (DTI) said on Saturday.

The firm, which has been operating in the country since 2014, has 0.9 GW of operational capacity, including solar facilities in Ilocos Norte and Negros Occidental.

A further 1.3 GW is under construction, while another 1.3 GW is contracted, representing approximately 2.6 GW of capacity under construction or under contract.

The DTI said the project is expected to strengthen the country's clean power supply and support the electricity needs of rapidly growing industries.

"Reliable and competitive power infrastructure...