Philippines
Philippines adds nearly 800 GW of RE in 2024
Philippines adds nearly 800 GW of RE in 2024
Last year’s total exceeded the installations in 2021 to 2023.
Philippines grants national significance certificates to 149 energy projects
These will add 19 GW of power.
Philippines to publish TOR for fourth green energy auction
There will be an integrated RE and energy storage system in the upcoming auction round.
Meralco secures Senate approval for franchise renewal
The House will now consider the Senate's amendments to the bill.
ACEN loans $510,200 to wind subsidiary
The short-term loan was executed on 30 January.
PH energy giants complete $3.3b LNG deal
The deal involves three of the biggest energy firms in the country.
PH wealth fund buys 20% stake in national grid operator
This marks its maiden investment.
DMCI Power’s energy sales up 9% in 2024
Thanks to rising demand in the areas of Palawan, Masbate, and Oriental Mindoro.
Meralco to tap $1.28b loan facility for LNG venture
It is payable in 12 years.
Basic Energy completes wind resource assessment for Mabini wind project
The results showed excellent conditions for developing a wind plant.
Alternergy names advisors for rollout of 500-MW capacity goal
Two financial advisors were designated.
Vena Energy, MGreen reach financial close for 550 MW Bugallon solar plant
This will be completed in Q4.
Alternergy bags $17.07m financing for Balsik solar project
This will fund the construction of the plant.
Masdar marks entry in PH renewables market
It will develop solar, wind, and energy storage facilities.
PH expedites renewable energy projects worth over $70b in 2024
In December alone, six projects were certified as strategic projects.
Indonesia’s Pertamina invests in PH’s Citicore for $115m
This is equivalent to a 20% interest.
MSpectrum energizes new rooftop solar facility in PH
This will power water pumps in Cavite.
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