Philippines
Energy Secretary rules out electricity subsidy in the Philippines
It’s not really about subsidy, but financial assistance to the marginalized sector, says Philippine Energy Secretary Jose Almendras.
Energy Secretary rules out electricity subsidy in the Philippines
It’s not really about subsidy, but financial assistance to the marginalized sector, says Philippine Energy Secretary Jose Almendras.
Philippines' First Gen eyes financing for hydro projects
Philippine power producer First Gen Corp is exploring all possible financing optionsto fund two hydro power projects worth about 8 billion pesos or $185 million. This include selling debt and equity.
San Miguel to dispose diesel plant in favor of coal fired plant
San Miguel Corp will not pursue a $1 billion conversion of a 620-megawatt power plant it acquired in 2009 and is now looking to sell it.
AES starts $1B expansion of Phillipine power plant
AES Corp will soon double the capacity of its of 600MW Masinloc coal-fired facility in Zambales, Philippines.
Oriental Peninsula eyes power generation business
Oriental Peninsula Resources Group Inc. is set to add a power generation plant with a maximum capacity of 60 megawatts to be fueled by local coal.
AboitizPower to put up Philippine coal-fired plant
Therma South has received an environmental compliance certificate for the 300 MW coal-fired project in Davao, Philippines.
CDM Registration for Jinzishan wind project completed
The registration of Jinzishan Wind Power Project in Ziyuan, Guangxi, has been approved by UN CDM EB.
The Philippines is on the road towards 90% household electrification
The Philippine government seeks to energize around 370,900 new household connections every year until 2017.
Philippines’ Greenergy eyes $1.3b renewable energy deal with Chinese firm
The deal involves the construction of wind energy projects with a total capacity of at least 1,000 MW over a 10-year period.
Semirara Mining acquires loan for Filipino coal plant expansion
Semirara Mining will receive a PHP14bn ($329.27m) loan to finance the construction of two generating units next to its coal plant in Batangas in the Philippines. The project involves the construction of two coal-fired units of 150MW each, next to the 600MW coal-fired power plant. The project will be implemented by Semirara Mining's new subsidiary Southwest Luzon Power Generation. The syndicated term debt facility was arranged by BDO Capital and Investment, reports abs-cbnnews.com.
Thermal plant be built by AC Energy JV in Batangas
AC Energy Holdings has formed a joint venture with Trans-Asia Oil and Energy Development to build and operate a 135MW thermal power plant in Batangas, the Philippines.
KEPCO completes Cebu power plant
Korea Power Electric Corp. has completed a new power plant in Cebu, the Philippines.
ADB urges for more clean energy investments
ADB is urging Asia-Pacific countries to invest in clean energy and energy efficiency to secure recent economic gains.
Philippines to promote renewable energy use
The Philippines is set to launch the first National Renewable Energy Program, which mandates the development and use of the country’s renewable energy resources.
Napocor Cebu power complex up for sale
The Philippine government will continue with the privatization of the remaining National Power Corp. with the scheduled sale of the Cebu-based Naga power complex next month.
Basic Energy pursues study on 20MW geothermal project
Basic Energy Corp. commissioned a prefeasibility study for a 20-megawatt Mabini geothermal energy project in Batangas.
Ayala acquires 50% of Ilocos wind farm
The Ayala Group acquired half of the participating stake in a 33-megawatt wind farm in Ilocos Norte.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. Consortium to develop 1.5 GW Abu Dhabi solar projectAwards
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