Philippines
AboitizPower awards EPC deals for solar project in the Philippines
It is expected to start operations by June 2023.
AboitizPower awards EPC deals for solar project in the Philippines
It is expected to start operations by June 2023.
Solar Philippines unit gears up bid bonds for 10GW project
This is in line with the requirements of potential off-takers.
First Gen income slips to $78m in Q1
The company linked this to a decline in its natural gas and geothermal platforms.
Higher crude oil prices drive PetroEnergy income up 48% in Q1
The Philippine-based company’s consolidated income stood at P253m.
Philippines’ ACEN net income falls 68% YoY to $7.7m in Q1
This is due to the higher costs of purchased power in the spot market.
Philippine banks still fund coal projects: report
In effect, banks are enabling fossil fuels by underwriting or selling bonds.
What makes the Philippines the most ‘fundamentally attractive’ solar market in SEA?
Power generation cost in the Philippines is double compared to its neighbouring countries, Solar Philippines CEO claims.
Philippines’ ACEN to enter US renewable energy market
It has partnered with UPC Solar & Wind Investments and Pivot Power Management.
Philippines’ new roadmap targets 40GW offshore wind by 2050
This could make up 45 % of its electricity supply.
Philippines calls for EEC measures amidst looming fuel price hike
The department also raised the need to attain energy independence and security.
Philippine energy department, World Bank to launch offshore wind roadmap
The roadmap seeks to tap the country’s 178GW offshore wind potential.
Higher generation costs push Philippine April rates up
Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.
ACEN signs $262.8m loan agreement for SLTEC
Proceeds of equity redemption will be reinvested into renewable energy projects.
Coal to dominate the Philippines’ power mix by 2031: Fitch
It is projected to account for 61% of the country’s power mix.
Philippines to speed up decarbonisation of power sector: Fitch
The country’s total solar capacity increased significantly in the past year.
SN Aboitiz Power to develop 20MW Magat battery project
It is expected to commence commercial operation by Q1 2024.
Arayat-Mexico solar farm to export power to the Luzon grid
This is in time for the demand surge during the Philippines’ summer season.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises