Guide on Landbank Solar Loan 2026 Features & Application
LANDBANK SOLAR LOAN 2026 – The government bank makes excellent offers through the REAL Energy+ Lending Program.
Are you one of the individuals who is planning to make a switch to renewable energy? Many people have already made the move as they want to invest on the only way to have lower power costs. You might be looking for solutions that could help you finance your solar panel installation.
In the Philippines, one of the banks that offer products for those who are interested to adopt and expand the renewable energy, energy sufficiency, and power distributions projects is the Landbank of the Philippines.
The Landbank of the Philippines, one of the biggest government banking entities in the country, offers the REAL Energy+ Lending Program. It is through it that one can avail the Landbank Solar Loan to finance a solar panel installation.
The REAL Energy+ program provides “affordable capital needed to empower businesses and communities in transitioning to clean energy, thereby advancing environmental conservation and national energy independence”.
The Landbank Solar Loan is available nationwide. Its fund management source includes internal funds of the government bank and the offer is up for the following:
- Sole Proprietorship
- Partnership
- Corporation
- Cooperative
- Local Government Unit (LGU)
- Financial Institution (FI)
- Government Owned and Controlled Corporations (GOCC)/Government Agencies (GA)
- Electric Distribution Utilities/Companies (DU)
- Wholesale Power Aggregator (WPA)
How much is loanable under the Landbank Solar Loan offer? There are varying borrowing amounts set by the government bank. Here’s a guide on how much the bank may provide:
- For ECs/GOCCs/GAs: maximum of 90% of total project requirement
- For LGUs: Up to 100%, but not exceeding the LGU’s Net Borrowing Capacity (NBC)
- For Private Borrowers: maximum of 80% of total project requirement
- ODA/Special Fund Projects: Based on the amount required by the special financing program
The Landbank Solar Loan is ready to finance a working capital, capital expenditures (CAPEX), renewable energy power generation, and energy efficiency financing. The interest rate under the offer depends on the prevailing interest rate of the bank at the time of the availment.
With regard to the loan term, according to Landbank, it is depending on the loan application purpose. Here’s a guide:
- Working Capital/Project Preparation – up to five (5) years inclusive of maximum of six (6) months grace period on principal
- CAPEX – up to 15 years inclusive of maximum of three (3) years grace period on principal
- Feasibility Study Preparation:
- Internal – n/a
- ODA/Special Fund – maximum of three (3) years w/o grace period on principal
- Equipment Acquisition – based on economic useful life of the equipment but not to exceed 10 years
- Energy Efficiency – based on economic useful life of the financed project but not to exceed 15 years
- Construction of Power Generation/Distribution Systems:
- Internal – up to 10 years inclusive of maximum of two (2) years grace period on principal
- ODA/Special Fund – up to 15 years inclusive of maximum of two (2) years grace period on principal
- Acquisition of STA:
- Internal Fund – up to 10 years inclusive of maximum of two (2) years grace period on principal
- ODA/Special Fund – up to 15 years inclusive of maximum of two (2) years grace period on principal
- Stand-by Letter of Credit: up to 360 days to coincide with the maturity of the line
Do you want to check on the Landbank Solar Loan requirements for application?
