Philippines
ACEN to offer Peso-denominate green bonds
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.
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.
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