Philippines
Citicore Energy REIT’s earnings reach PHP 358m in Q1
Its stable performance was backed by a strong base lease.
Alternergy’s net income down 31% in first nine months
Latest figure still exceeded the target by 23%.
PetroGreen Energy unit bags secures gov’t approval for Capiz solar project
This will be the company’s single biggest contiguous solar power facility.
Buhawind Energy bags key certifications from PH government
This includes two offshore wind projects in northern Luzon.
ACEN taps more partners for energy shift of PH’s 246 MW coal-fired plant
Transition credits will be used for the initiative.
First Gen’s recurring earnings down 4% in Q1
Blame it on lower revenues during the period.
Aboitiz Power’s earnings down 41% in Q1
Contributions from Chromite Gas and some solar plants boosted EBITDA.
Meralco’s net income up 10.8% in Q1
Thanks to growth across its business units.
Aboitiz Power breaks ground for 48-MW Nasipit hybrid energy storage project
This will be completed in 2026.
ENEX confirms plans to develop 1,100-MW gas plant in Philippines' Batangas province
This is in response to several published articles.
Alternergy receives $57.52m for Alabat Wind Project
A portion of the over PHP5b project financing has been released.
PH's Meralco bags franchise renewal
It was set to expire in 2028.
Aboitiz Power unit's oil-fired plant disconnected from grid
The facility has been completely isolated.
NexGen Energy unit bags green lane certifications for PH wind projects
The projects are located in Quezon province.
CREIT’s net income up 2% in 2024
Thanks to its strong guaranteed base lease, supported by 2023 acquisitions.
PH’s Linseed Field LNG terminal resumes operations
However, another facility remains to face delays.
Thought Leadership Centre
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1. Global power grid investment reaches US$359b in 2024: report 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. India’s installed power capacity hits 5.05 Lakh MWResource Center
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