Philippines

Aboitiz Power's nearing 4GW net capacity to buoy earnings

It may also benefit from a tightening power supply-demand dynamics in 2022.

Aboitiz Power's nearing 4GW net capacity to buoy earnings

It may also benefit from a tightening power supply-demand dynamics in 2022.

Yoma Strategic and AC Energy to co-develop 200MW of renewables in Myanmar

The two made a joint investment of $30m in line with the development.

Renewables may cut Philippines' electricity rates 30%

Electricity bills in the country are amongst the highest in SEA at $0.20 per kWh.

Meralco launches auctions for 2.9GW of power projects

1GW of capacity will be allotted for renewables.

Can the Philippines curb coal dependence with renewables reform?

It is expediting programmes like the renewables portfolio standard.

Philippines looks to fast-track renewables policies to curb dependence on coal

Power distribution utilities will be mandated to source a minimum portion of energy from renewables.

Philippines switches on pilot 200kW floating solar power project

The project will go through a pilot test for 10 months and serve house load requirements by the Magat reservoir.

ENGIE seeks turnaround in the Philippines' coal dependency

It is working with a portfolio of sectors in the country to invest in low-carbon energy to meet the country’s power demands.

Philippines teams up with Japan to provide electricity for Mindoro households

The parties aim to provide a small-scale power system to provide stable power supply to off-grid areas.

Philippines begins $350m Western Luzon grid expansion project

It will accommodate the bulk generation in the Zambales area, such as the 2x300MW RP energy coal fired power plant.

Philippines' San Miguel Corporation seeks to fund 300MW coal-fired plant

It also plans to construct a 1,200MW combined cycle gas turbine power project in Batangas province.

Philippines' non-hydro renewable power capacity to grow 11.2% by 2030

Its non-hydro renewable power capacity accounted for 16.9% of its total energy mix, led by geothermal.

Philippines' Luzon grid on red alert after major quake

Some areas in Luzon may experience rotational power cuts following a reserve shortage.

Philippines, Thailand, and Vietnam accounted for the largest wind power capacity in ASEAN

Their cumulative capacities were 427MW, 648MW, and 197MW, respectively as at end-2017.

Asian Development Bank invests in Asian renewables developers' maiden green bonds

It has injected a total of $175m into AC Energy and B.Grimm Power to fund plant developments.

Boracay Island's closure drove 25% sales volume growth for DMCI Power Corp

Higher tourist arrivals in Palawan and Oriental Mindoro generated more economic activities.

Philippine utilities boost gas and renewables' share in energy mix

But regulatory risks and implementation pose a threat to investment potential spurred by population and economic growth.