Philippines
Philippines’ transmission and distribution sector may struggle to keep up with growing power sector
Philippines’ transmission and distribution sector may struggle to keep up with growing power sector
This comes as power outages are experienced in Luzon.
Malampaya gas field contract extension boosts Philippines’ domestic LNG production
This poses downside risks for LNG imports to the Philippines.
Meralco breaks into the Philippines’ solar industry with Spectrum
Spectrum has an installed capacity of more than 50 megawatts throughout the country.
First Gen subsidiary wins bid for Casecnan hydropower plant
The 165MW hydroelectric power plant is located in Nueva Ecija.
Philippines renews Malampaya service contract for 15 years
It is set to expire on 22 February 2024.
Philippines awards six contracts for large-scale floating solar
The 610.6 MW solar projects will be installed at Laguna Lake.
Philippines’ First Gen posts 52% net income growth
Its attributable recurring net income stood at US$89m.
Thermal plants remain significant to Philippines’ energy security, AboitizPower says
This comes amidst peak energy demand during the summer.
Philippines’ ACEN net income climbs to US$36m in Q1
This is up by 5 times compared to the previous year.
Copenhagen-based fund to invest in 3 offshore wind projects in the Philippines
The capacity of the three projects stands at around 2,000MW.
Philippines’ First Gen posts 5% recurring net income growth
Its net income stood at US$265m.
Philippines’ AboitizPower closes new retail energy partnership
The agreement will power a four-hectare production facility in Pampanga province.
SG, Indonesia deepen renewable energy collaboration
The MoU provides for the establishment of an institutional framework to facilitate investments.
Philippine-based ACEN enters the US with wind project acquisition
The 8 wind projects make up a total of 136MW.
ACEN to develop over 1.2GW hybrid renewable energy in India
This is in partnership with BrightNight.
AboitizPower net income climbs by 32% in 2022
Its net income stood at P27.5b (US$497.7b).
ACEN net income reaches US$236m in 2022
This is up from US$94.9m in 2021.
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