Philippines

ADB appoints new country director in PH

ADB appoints new country director in PH

Country director Andrew Jeffries has years of expertise in the energy industry.

Aboitiz Power unit inks project deals with PSALM and NPC

This is in line with the privatisation of a hydroelectric plant.

Citicore Renewable Energy’s revenue jumps 28% in H1

Growth was driven by an increase in electricity sales.

SPNEC names new chief risk officer

Rochel Donato Gloria held various posts in other power companies.

ACEN unit inks $100m loan for renewable energy projects

This will focus on projects outside of Manila.

Alternergy explores wind power potential in Albay

The company has three years to complete the study.

First Gen’s recurring net income flat in H1

Its business units showed mixed results.

Aboitiz Power’s net income down 25% in H1

Depreciation and interest expenses for GNPower Dinginin affected core earnings in H1.

CREC secures PHP 4.4b financing for 125 MW solar project in PH

This is one of the company’s priority projects for its five-year goal.

PH approves facilities study for Buhawind’s 2,000 MW offshore wind project

The company has also started efforts to form a skilled offshore wind workforce.

PH inaugurates 22 MW Tanawon Geothermal Plant

The facility contributes to the country’s 2030 clean energy goal.

PetroEnergy unit to start commercial ops of 19.6 MWDC solar plant in PH

This is its second utility-scale solar facility to reach this stage this year.

Meralco’s core income increases 10% in H1

The distribution utility accounted for more than half of the profit.