Philippines
Southeast Asian power companies are seizing renewable opportunities
Southeast Asian power companies are seizing renewable opportunities
The rapid drop in the cost of renewable energy is reshaping the world’s energy systems. Part and parcel of this shift, a new landscape is emerging among finance and power companies. Southeast Asian conglomerates such as Ayala are at the forefront.
Philippine regulators tested by woes over State Grid Corp's stake in grid utility
The grid utility rejected inspections since 2017 even as operations are to be controlled by the Philippine government.
Philippines' competition watchdog OKs AC Energy's stake acquisition in 81MW wind farm
It bought a 67% stake in the wind farm for $53.16m.
AC Energy Philippines buys four local solar firms
The firms operate two solar farms with 80MW and 45MW capacity.
Asia Pacific leads global electricity procurement market in Q3
Manila Electric was the largest issuer in the region with 2.9GW procured from three tenders.
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.
Thought Leadership Centre
Most Read
1. Global power grid investment reaches US$359b in 2024: report 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. India’s installed power capacity hits 5.05 Lakh MWResource Center
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