Philippines
Philippines and Korea launch energy knowledge sharing programme
Philippines and Korea launch energy knowledge sharing programme
This will focus on renewable energy integration and grid modernisation, amongst others.
Meralco’s core income jumps over 20% in 2024
Last year’s profit exceeded the full-year PHP43b guidance.
Aboitiz Power unit to decommission Naga oil-fired plant
This will be effective next month.
SN Aboitiz Power bags funding for 56 MW of battery storage projects
This covers two projects in Isabela and Benguet.
Basic Energy and Renova close deal for 50 MW wind project
The Japanese company is now a partner in RDG Wind Energy.
Aboitiz Power’s Libmanan wind project secures turbines
Commercial operations will commence by the end of 2026.
Philippines exceeds 4.65 GW installation target in GEA-3
Fourteen projects were submitted.
Aboitiz Power unit deactivates two power barges
These will resume services in 2027.
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.
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