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Manila Times Business

Global Power Solutions signs non-binding LOI with SolarZone Energy for potential deployment of modular power systems

Vancouver, BC, Canada, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power” or the "Company”) is pleased to announce that it has entered into a non-binding letter of intent (the "LOI”) with Solar Zone LLC, operating as SolarZone Energy ("SolarZone”), to evaluate the potential deployment of Global Power’s proposed 5 megawatt ("MW”) modular decentralized power systems across multiple sites in the United States.

Context & Analysis

Modular decentralized power systems are gaining traction worldwide as businesses and municipalities look for faster, more reliable alternatives to traditional grid expansion. These containerized or skid-mounted units generate electricity on-site or near demand centers, cutting deployment timelines from years to months. For Philippine enterprises, that model addresses a persistent bottleneck: the gap between rapid industrial growth and utility infrastructure delivery. Many local manufacturers, data center operators, and agri-businesses already face extended lead times for new transformer installations or substation upgrades. Behind-the-meter generation and modular microgrids offer a practical workaround, reducing exposure to brownouts and easing capital planning.

The global momentum around scalable, decentralized energy also aligns with shifts in Philippine energy policy. The Department of Energy has gradually eased restrictions on distributed generation, while the Energy Regulatory Commission continues refining rules on net metering and third-party power purchase agreements. Banks and development institutions are increasingly bundling green financing facilities that favor modular renewables and hybrid storage setups. If international developers prove that modular systems can deliver predictable uptime and competitive levelized costs, local engineering contractors and energy service companies will likely move faster to adapt similar architectures for domestic clients.

What matters next is execution and regulatory clarity. Early-stage agreements are preliminary markers; the real test comes when deployment schedules, performance guarantees, and interconnection standards are finalized. Philippine stakeholders should monitor whether the underlying technology becomes available for licensing or joint ventures, how local utilities respond to growing behind-the-meter capacity, and whether the Bangko Sentral’s green credit guidelines will explicitly cover modular decentralized installations. For investors and operators alike, the lesson is straightforward: decentralized power is no longer a niche experiment. It is becoming a standard infrastructure option, and businesses that understand its commercial and regulatory contours will have a distinct advantage in an increasingly constrained grid environment.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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