StB Giga Factory, the country’s first manufacturing plant of advanced lithium iron phosphate batteries, often used in renewable energy and electric vehicle industries, is ramping up production to achieve its full 2 GWh annual production capacity by 2030, with plans to accelerate this timeline depending on market demand, according to the Philippine Economic Zone Authority (PEZA).
A PEZA-registered company, StB Giga Factory is located in Filinvest Industrial Park in New Clark City, Tarlac.
Registered with PEZA since May 2024, StB commits to export around 70 percent of its output to Australia and Southeast Asia, while serving the local market with lithium iron phosphate batteries for solar energy storage and electric vehicles.
PEZA Director General Tereso O. Panga, who visited the plant on October 11, 2025, underscored that projects like StB’s align with the President’s directive to position the Philippines as a regional hub for renewable energy and sustainable industries, driving clean energy adoption, economic resilience, and job creation.
The Giga Battery Manufacturing Plant, funded by Australia-based venture capital firm StB Capital Partners (St Baker), will open up about 2,500 direct and indirect jobs for Filipinos once they reach their full production capacity by 2030.
Of these, around 500 will be focused on hiring Filipino engineering, technical, finance and administrative personnel – an initiative that is aligned with the Marcos administration’s goal of reversing the “brain drain” by providing better opportunities for skilled Filipinos in science, technology, engineering, and mathematics.
At full production capacity, StB Giga also estimates pouring in over PHP5 billion annually into the local economy, with contributions coming from businesses, suppliers and partners benefiting from their operations.
The initial production line of StB Giga has a capacity of 300 megawatt-hours (MWh) annually, equivalent to about 6,000 electric vehicles (EVs) batteries or about 60,000 home battery systems in developing countries such as the Philippines.
