Philippines
Aboitiz to raise $900M for coal-fired plants, refinancing
Aboitiz Equity Ventures will rtaise $900 million from debt sales to fund capital expenditure on two coal-fired plants. It also includes the amount need to refinance maturing debt.
Aboitiz to raise $900M for coal-fired plants, refinancing
Aboitiz Equity Ventures will rtaise $900 million from debt sales to fund capital expenditure on two coal-fired plants. It also includes the amount need to refinance maturing debt.
Aboitiz to increase Sibulan plant's capacity
Aboitiz Power will boost its Sibulan hydroelectric plant in Davao del Sur by 13.6MW.
Power supply critical in Mindanao
The daily brownouts in Mindanao may persist this year as no new generating capacity is expected to be added.
Philippines now has utility-scale rooftop solar facility
First Philec Solar Corp. has put up the Philippines' first rooftop-installed solar facility of “utility scale".
Napocor needs $911M for remote, off-grid areas
Napocor needs as much as US$911.4 million to fund its electrification projects in remote and off-grid areas over the next five years.
Albay spared from blackouts
The customers of Albay Electric Cooperative in the Bicol region can heave a sigh of relief because they can be temporarily spared from blackout.
NPC given heftier rate hike in off-grid areas
The Philippine's NPC was finally allowed to pass-on a heftier increase of US$0.02417 per kilowatt to to its SPUG jurisdictions in Luzon.
Aboitiz earmarks $1.5B for plant expansion
Aboitiz Power will spend $1.5 billion for the expansion of its Subic and Davao coal-fired facilities over the next three years.
VIASPACE eyes biomass deals in Philippines and China
VIASPACE Green Energy Inc. CEO Dr. Carl Kukkonen discussed potential electric power plants and pellet mills that could be co-located with Giant King.
Philippines has highest electricity rates in Asia
The Philippines has the most expensive electricity in the whole of Asia.
Korean firm to build Philippine solar power projects
Youil Ensys subsidiary Youil Renewable Energy Corporation will invest around $160 million to construct two solar projects in the Philippines.
TGEG to unveil green energy powerplant
TGEG/SBS will be using the Biosphere MKV5 and Material Recycling Facility to Reduce Greenhouse Gas Emissions through Land Management contracts over the next 25 years.
$125M Subic solar projects get approved
Subic Wind Power Generation Inc. is expanding its power generation project in Subic Bay Freeport to include the establishment of a solar energy project for $125 million on top of its original proposal to establish and operate a wind farm.
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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 projectResource Center
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The awards programmes are accepting nominations until 19 July 2024.
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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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