Philippines

PH-US civil nuclear agreement takes effect

This will facilitate transfer of knowledge and equipment for nuclear energy development.

PH-US civil nuclear agreement takes effect

This will facilitate transfer of knowledge and equipment for nuclear energy development.

How AboitizPower’s hybrid BESS helps secure the PH grid

It eyes replicating the technology in its other power plants.

Philippines most coal-reliant country in SEA: Ember

It overtook Poland and China, which are historically major coal users.

Citicore, SGLP to develop 153.5-MW solar plant in PH

They will also jointly operate the facility.

PH regulator OKs Greenenergy’s $8b investment in RE unit

The certificate of approval was issued on 24 June.

PH issues fresh guidelines to boost renewable energy development

Feasibility activities may be conducted prior to the commencement of the 25-year contract.

Alternergy acquires 74.99% stake in Olympia Solar Power

Alternergy will be Olympia Solar’s project sponsor for a project in Sultan Kudarat.

Alternergy bags $90.3m loan for 64 MW wind project

The loan will be provided by Rizal Commercial Banking Corporation.

CREC launches IPO on Philippine Stock Exchange

It has a market capitalisation of around $411.5m.

ACEN Corporation commits $148.4m to Giga Ace 8

It subscribed to more shares of Giga Ace 8 to fund its solar project. 

First Gen needs $9b to boost RE capacity

The company has to increase its capacity by almost four times to reach 13 GW by 2030.

Alternergy raises $340.7m funding for RE projects

It is developing two wind farms and a solar farm that are targeted to start by 2025.

Philippines to receive $500m in CIF funding to accelerate coal plant retirements

Coal-fired plants accounted for 44% of the country’s installed capacity.

First Gen sets $1.27b capex for 2024

The funding focus will be hydropower and other renewable energy projects.