Philippines
AboitizPower, JERA partner to explore greener fuels in the Philippines
The two companies will be assessing the feasibility of ammonia co-fired power generation.
AboitizPower, JERA partner to explore greener fuels in the Philippines
The two companies will be assessing the feasibility of ammonia co-fired power generation.
Philippines’ SPNEC to complete stock rights offering for share-swap deal
This will enable its share swap agreement with Solar Philippines Power Project Holdings, Inc. (SP).
Philippines considers nuclear as a solution to potential baseload power crisis
But amendments to energy laws are needed, DOST-PNRI Director Carlo Arcilla said.
Citicore Energy REIT gets greenlight to sell ASEAN Green Bond
The proceeds will fund rooftop solar development.
ACEN's successful ETM deal marks a new era for coal divestment
The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.
ACEN to start construction of 60MW solar project
It is expected to be completed by 2024.
ACEN to add 300 MW solar capacity in Palauig project
This is in support of the Philippines target to generate 35% of its power from renewable energy.
Philippines’ AboitizPower breaks ground for 17MW Binary Geothermal Plant
Construction is expected to be completed by end-2023.
Philippines’ Aboitiz Power unit awards contract to develop 17MW geothermal power plant
The plant will be developed in Tiwi, Albay province.
Grid network expansion may boost Philippines’ renewables: report
This is seen to open more opportunities for power project development.
Solar, Wind to lead renewables growth in the Philippines
The non-hydropower renewables are expected to grow by 6.8GW.
Solar Philippines unit secures over 2000-hectare landbank
This is in pursuit of its goal to be the ‘world’s largest solar farm.’
First Gen’s net income down 8% YoY to $194m in first 9 months
The result was due to lower earnings in natural gas.
PetroGreen, Copenhagen Energy to form SPVs for 4GW offshore wind in the Philippines
They were awarded offshore wind service contracts in 2021.
ACEN net income climbs by 23% in Q3
Its net income stood at P1.9b.
ACEN divests 246MW Philippine coal plant
This is the first-ever transaction completed through the Energy Transition Mechanism.
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises