Lasso 2, developed and operated by Vena Energy, is a new 500 MW solar power plant in northern Luzon in the Philippines.
Once fully operational, the solar power plant will be one of the largest solar facilities in the Philippines. The project is currently under construction and is expected to become operational in 2027.
Lasso 2 is expected to generate around 815 GWh of electricity annually and reduce the Philippines CO2 emissions by around 570,000 tonnes annually.
The investment is covered by a guarantee issued by the European Union under the European Fund for Sustainable Development Plus framework.
