Philippines
MGen eyes 1.5 GW of additional renewable energy capacity
It also plans to expand the Toledo coal-fired plant.
J&V Energy acquires stake in 180-MW solar project in PH
The project will start operating in 2027.
World’s largest solar and battery storage facility breaks ground in PH
It spans 3,500 hectares.
Alternergy receives initial tranche from $136m funding for Tanay project
This is funding the Tanay wind project.
Philippines announces 4,475 MW renewable energy auction in GEA-3
This covers both Non-FIT-eligible and FIT-eligible technologies.
Terra Solar taps Energy China for 3.5 GW plant's EPC
This will accelerate clean energy efforts in Manila.
Citicore profit up 6% in 9M 2024
The group’s revenue also increased by 29%.
Batangas LNG terminals to boost PH energy transition
Meanwhile, drilling at the Malampaya Phase 4 will soon commence.
Citicore taps Trinasolar for two-gigawatt solar rollout
This increases their partnership to 3 GW.
First Gen’s earnings down 17% in 9M
Revenue was also down two percent.
MGen may ‘mimic’ $4b solar project north of Manila
The power generator expects to be busy with Terra Solar in the next three years.
Alternergy takes over Tablas Offshore Wind Power Projects
These are three offshore wind projects.
Meralco bags House approval for franchise renewal
Once signed by the Philippine president, the company will be granted 25 years.
PH, Saudi to develop roadmap for energy cooperation
This will be completed in three months.
ACEN’s net income grows 24% to $138m in 9M 2024
It was driven by newly operational pants.
SPNEC faces delays in project over right-of-way, grid connection issues
Phase 1A is expected to achieve commercial operations sometime Q4 of 2025.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy
Entering the age of electricity in Asia