Jacobs to support renewable energy project in the philippines

Solar and battery project will help the country's need for more sustainable energy sources dallas , dec. 3, 2024 /prnewswire/ -- jacobs (nyse: j) was selected by terra solar philippines inc., a wholly owned subsidiary of sp new energy corporation (spnec), to deliver engineering services, technical advice and construction phase services, for a 3,500-megawatt solar panel and 4,500-megawatt battery energy storage system (bess). the estimated $3.3 billion (php 200 billion) terra solar project is poised to become one of the world's largest solar farms and is expected to supply around 12% of the philippines' total energy demand when complete.
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