Diverxia, the renewable energy arm of Spanish conglomerate Grupo Alonso, has established a subsidiary in the Philippines to develop utility-scale solar projects, its latest expansion into Southeast Asian emerging markets.

In a statement, Diverxia said the company has inaugurated its operational headquarters in Makati following a year-long period of regulatory analysis and technical assessments.

Diverxia said the move will allow Diverxia to begin structuring its initial portfolio of photovoltaic projects as the government seeks to increase the share of renewables in its energy mix to 35 percent by 2030.

The Valencia-based developer currently manages a global pipeline of approximately four gigawatts in Europe, the Americas, and Asia.

In the Philippines, the firm intends to manage the full lifecycle of its assets, from initial land acquisition to the ready-to-build stage.

By applying European governance standards and disciplined financial structuring, Diverxia said the company aims to mitigate the bureaucratic and land-use risks that have historically slowed large-scale solar deployments in the archipelago.

“The Philippine renewable energy market offers strong long-term opportunities,” said Jose Luis Martinez, head of business development at Diverxia. “Our goal is to support its continued growth by applying structured development practices, technical rigor, and a long-term strategic vision.”

The expansion comes as the Philippines faces rising electricity demand and reliance on imported fossil fuels. While the company did not disclose the specific capital expenditure for its initial Philippine portfolio, utility-scale projects in the region typically require investments totaling billions of pesos.

Diverxia operates as a fully integrated platform, serving as a developer, engineering, procurement, and construction contractor, and independent power producer. To date, the firm has delivered more than 1.5 gigawatts of renewable capacity globally.