Philippines

Why Philippines’ EDC will not fire up coal

The devastating effects of climate change led the company to develop REs only.
4 days ago

Why Philippines’ EDC will not fire up coal

The devastating effects of climate change led the company to develop REs only.
4 days ago

Delays of LNG terminals in the Philippines reflect supply and cost uncertainties

LNG imports won’t alleviate high power prices in the Philippines.

ACEN issues P10b green bonds

The maiden peso-dominated green bonds were 8.6 times oversubscribed.

Philippines’ ACEN to offer P10b green bonds

This will fund three major solar farms with a combined capacity of about 460MW. 

Philippine consortium to invest $18m in microgrids in Palawan

These can provide power to more than 30,000 people.

First Gen unveils LNG storage unit ‘BW Batangas’ in the Philippines

It will provide for the company’s gas-fired power plants. 

New 72MW solar farm in the Philippines starts operation

The project was developed by ACEN and Citicore. 

SPNEC to complete share swap with Solar Philippines by end-2022

The company wants to complete the private placements to increase public float.

Philippines’ First Gen net income drops 13% in H1

This is despite a 21% growth in revenue. 

ACEN aims to reach 20GW of renewables capacity by 2030

This is six times higher than the current 3.4GW renewables capacity.

Philippines’ ACEN net income climbs 25% in Q2

Its net income stood at P1.8b during the quarter.

Philippines’ AboitizPower to explore 3,000MW offshore wind power

The country only has a capacity of 443MW onshore win, as of 2020.

Philippines’ SMC Global Power lists P40b bonds

This will allow the company to provide reliable power supply.

SMIC’s Philippine Geothermal Production Company acquisition gets green light

The consideration paid for the acquisition was around $284.8m.