Philippines
CREC secures PHP 4.4b financing for 125 MW solar project in PH
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 gov’t orders immediate restoration of plants in Visayas and Mindanao
Nearly 1 GW are on forced outage.
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.
Alternergy bags $24.5m assistance for Tanay wind project
This brings the project’s total funding to nearly PHP 5b.
Alternergy open to official review of PHP 1.45b-deal with gov’t insurance agency
The company is conficent that all its actions followed highest standards.
Greenergy unit secures $1.05m loan for expansion
This will also fund operations.
First Gen subsidiary secures $262.23m loan
The unit is operating a hydroelectric power plant.
Aboitiz Power unit and partners bag privatisation project of hydroelectric project
The company has partnered with two Japanese companies.
Aboitiz Power to develop 30 MW hybrid BESS in Cebu
This will be one of the first large-scale BESS in Central Visayas.
H2G Green unit inks deals for 332 MW of LNG power generation in PH
Feasibility studies will be conducted for the projects in the coming months.
Aboitiz Power bags listing approval for first tranche of $1.76b bond offer
The public offer was approved last month.
PH approves commercial operations of 27.121 MWDC Dagohoy solar plant
This is amongst the four utility-scale ground-mounted solar projects under Rizal Green Energy.
Philippines’ LNG imports to soar 508% through 2029
The expansion will cost the country at least $5.4b.
MTerra Solar’s first phase 54% complete
This was achieved eight months after its groundbreaking.
Thought Leadership Centre
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1. Fossil fuel use falls as electricity gains share of global energy mix 2. Singapore and ADB renew 3-year pact to back ASEAN power grid projects 3. Thailand clean energy push accelerates with GCL SI–Getz Energy MOU 4. Philippines overtakes Pakistan as China’s No. 2 solar export market 5. South Korea’s Hanwha Power expands Canada push with Pembina low-carbon MOUResource Center
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