Jacobs to Support Renewable Energy Project in the Philippines
Jacobs (NYSE: J) has been selected by Terra Solar Philippines to deliver engineering services for a major renewable energy project worth $3.3 billion. The project includes a 3,500-megawatt solar panel and 4,500-megawatt battery energy storage system, set to become one of the world's largest solar farms. Located 93 miles north of Manila across 11.5 square miles, the project is expected to supply approximately 12% of the Philippines' total energy demand. Jacobs will employ advanced digital construction management tools and drone technology while overseeing supply chain logistics and equipment delivery.
Jacobs (NYSE: J) è stata selezionata da Terra Solar Philippines per fornire servizi di ingegneria per un importante progetto di energia rinnovabile del valore di 3,3 miliardi di dollari. Il progetto include un impianto fotovoltaico da 3.500 megawatt e un sistema di accumulo energetico da 4.500 megawatt, destinato a diventare uno dei più grandi parchi solari al mondo. Situato a 150 chilometri a nord di Manila, su una superficie di 11,5 miglia quadrate, il progetto dovrebbe fornire circa il 12% del fabbisogno energetico totale delle Filippine. Jacobs utilizzerà strumenti avanzati di gestione della costruzione digitale e tecnologia dei droni, supervisionando nel contempo la logistica della catena di approvvigionamento e la consegna dell'attrezzatura.
Jacobs (NYSE: J) ha sido seleccionada por Terra Solar Philippines para ofrecer servicios de ingeniería para un importante proyecto de energía renovable valorado en 3.3 mil millones de dólares. El proyecto incluye un sistema de paneles solares de 3,500 megavatios y un sistema de almacenamiento de energía de baterías de 4,500 megavatios, que se converterá en una de las granjas solares más grandes del mundo. Ubicado a 150 kilómetros al norte de Manila, abarcando 11.5 millas cuadradas, se espera que el proyecto suministre aproximadamente el 12% de la demanda total de energía de Filipinas. Jacobs empleará herramientas avanzadas de gestión de construcción digital y tecnología de drones, a la vez que supervisará la logística de la cadena de suministro y la entrega de equipos.
Jacobs (NYSE: J)는 Terra Solar Philippines에 의해 33억 달러 규모의 주요 재생에너지 프로젝트를 위한 엔지니어링 서비스를 제공하도록 선정되었습니다. 이 프로젝트는 3,500메가와트 태양광 패널과 4,500메가와트 배터리 에너지 저장 시스템을 포함하며, 세계에서 가장 큰 태양광 발전소 중 하나가 될 예정입니다. 이 프로젝트는 마닐라에서 북쪽으로 150킬로미터 떨어진 곳, 11.5 제곱마일에 위치하며, 필리핀 전체 에너지 수요의 약 12%를 공급할 것으로 예상됩니다. Jacobs는 디지털 건설 관리 도구와 드론 기술을 활용하며, 공급망 물류 및 장비 배송을 감독할 것 입니다.
Jacobs (NYSE: J) a été sélectionné par Terra Solar Philippines pour fournir des services d'ingénierie pour un projet majeur d'énergie renouvelable d'une valeur de 3,3 milliards de dollars. Le projet comprend un panneau solaire de 3 500 mégawatts et un système de stockage d'énergie par batteries de 4 500 mégawatts, qui devrait devenir l'une des plus grandes centrales solaires au monde. Situé à 150 kilomètres au nord de Manille sur 11,5 milles carrés, le projet devrait fournir environ 12% de la demande énergétique totale des Philippines. Jacobs emploiera des outils avancés de gestion de construction numérique et la technologie des drones, tout en supervisant la logistique de la chaîne d'approvisionnement et la livraison de matériel.
Jacobs (NYSE: J) wurde von Terra Solar Philippines ausgewählt, um Ingenieurdienstleistungen für ein bedeutendes Projekt im Bereich erneuerbare Energien im Wert von 3,3 Milliarden Dollar zu erbringen. Das Projekt umfasst ein 3.500-Megawatt-Solarkraftwerk und ein 4.500-Megawatt-Batteriespeichersystem, das zu einem der größten Solarkraftwerke der Welt werden soll. Es befindet sich 150 Kilometer nördlich von Manila auf einer Fläche von 11,5 Quadratmeilen und soll etwa 12% des gesamten Energiebedarfs der Philippinen decken. Jacobs wird fortschrittliche digitale Bauverwaltungswerkzeuge und Drohnentechnologie einsetzen und gleichzeitig die Logistik der Lieferkette und die Ausrüstungslieferung überwachen.
- Project value of $3.3 billion represents significant revenue opportunity
- Scale of project positions Jacobs as leader in renewable energy engineering
- Company ranked #2 in Power, Solar Power and Wind Power by Engineering News-Record in 2024
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Insights
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The project's scope extends beyond typical engineering services, incorporating advanced digital construction management and drone technology across an 11.5 square mile site. This technological integration should enhance project efficiency and help manage the complex logistics of installing millions of solar panels.
The combination of solar and battery storage at this scale demonstrates strong commercial viability, potentially setting new benchmarks for renewable energy costs in Southeast Asia. This positions Jacobs well in the growing renewable infrastructure market, complementing their existing portfolio of major energy projects in Europe and the US.
Solar and battery project will help the country's need for more sustainable energy sources
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Jacobs will use advanced digital construction management tools and drone technology to manage field tasks, streamline site inspections and track progress across the 11.5 square mile (3,000 hectare) site located 93 miles (150 kilometers) north of
"We are excited to be working with Jacobs in this ambitious and pioneering project," said MGEN Renewable Energy Inc. President Dennis B.
MGEN Renewable Energy, Inc. (MGreen) is the renewable energy arm of Meralco PowerGen (MGEN), which owns a controlling stake at SPNEC.
Around the globe, Jacobs is working on energy projects that help evolve energy systems, networks and infrastructure to form the backbone of prosperous communities and economies now, and into the future. For instance, in
Jacobs is ranked No. 2 in Power, Solar Power and Wind Power by Engineering News-Record in 2024.
At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to the impact of the recently completed separation transaction pursuant to which we spun off and merged our Critical Missions Solutions and Cyber & Intelligence government services businesses with Amentum (together, "new Amentum ") on Jacobs' and new Amentum's businesses, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others, and the impact of any future pandemic or infectious disease outbreak, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
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