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.
First Gen awards LNG cargo contract to Tokyo Gas unit
This is the company’s fifth LNG cargo.
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.
Alternergy bags $34.2m loan for wind projects
BDO Unibank is the lender.
Alternergy secures $137.4m loan for Tanay wind project
The lenders are BPI and Security Bank.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises