Philippines
Philippine-based PXP Energy narrows loss in Q2
The company’s core net loss amounted to P645,000, down from P16.6m in the previous year.
Philippine-based PXP Energy narrows loss in Q2
The company’s core net loss amounted to P645,000, down from P16.6m in the previous year.
ACEN green lights final tranche of energy transition financing
The company will divest its shares in SLTEC for P3.7b.
Philippines’ Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
Philippines is 3rd largest geothermal market globally: Fitch
Its installed capacity is estimated at 1,928MW in 2021.
ACEN to offer Peso-denominate green bonds
The proceeds from the $177.8m bonds will be used for its three solar projects.
ACEN to issue P30b bonds to fund RE projects
Initial proceeds will fund the Arayat-Mexico Solar Power expansion project amongst others.
Philippines’ energy dep’t generates 1,966.93MW RE in auction
The first auction round posted a 98.3% success rate.
Nickel Asia unit, Shell partner to develop RE in the Philippines
The joint venture plans to add 1GW capacity by 2028.
Solar Philippines secures 70% of government’s RE auction
It also won 91% of all solar capacity.
Philippines’ DOE holds auction for 2,000MW clean energy
The auction was joined by 24 qualified bidders from various energy sectors.
Solar Philippines to contract 10GW projects
The projects are scheduled to start operations between 2025-2026.
Private firms eclipse the growth of the Philippines' solar power industry
Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.
Philippines’ Prime Infra unit to build world’s largest solar facility
It will have a 2,500MW to 3,500MW capacity with a battery energy storage system.
ACEN, ENEX cancel property-for-share swap agreement
The companies cited challenging economic conditions for the cancellation.
Prime Infra’s Malampaya take-over bodes well for the project: Philippines’ DoE
The company announced its plans to acquire a controlling stake in the project.
Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project
The gas project supports 20% of the country’s electricity requirement.
ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
Thought Leadership Centre
Most Read
1. Singapore told not to be a test bed for small modular reactors 2. Tata Power, ADB ink $4.25b deal to finance clean energy projects in India 3. Singapore earmarks $100m for green growth in marine and offshore energy 4. Sembcorp bags 300-MW wind-solar hybrid project in India 5. World’s largest solar and battery storage facility breaks ground in PHResource Center
Read Here
Advertise
Sign Up
Event News
Event News
Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC
![Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC]()
Green Land Recycling Solutions LLC leads the way in sustainable food waste composting.
Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC
Green Land Recycling Solutions LLC leads the way in sustainable food waste composting.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises