Philippines
PH introduces enhancements to support floating solar generation
PH introduces enhancements to support floating solar generation
This includes reallocation of the 1,040 MW installation target capacity.
PH and JICA ink large-scale hydropower deal
They will identify possible sites for hydropower generation.
PH commences auction for fixed-bottom offshore wind capacity
The projects have a delivery period from 2028 to 2030.
PH releases notice of award for third green auction
This covers hydropower and geothermal projects.
ACEN expands presence in northern PH with 133 MW solar project
This could energise 45,000 homes.
Buhawind Energy bags pre-development environment permit for offshore wind project
This allows for the conduct of various studies.
First Gen sells 60% stake of gas unit
The transaction includes various power plants and an offshore LNG terminal.
ACEN taps CIP for 1 GW offshore wind project in PH
The investment firm acquired a minority stake in the project.
PH to announce third bidding for microgrid system providers
This will cover over 160 underserved areas.
PH issues five new system impact study endorsements in April
These were all new applications.
PH endorses four energy projects for further regulatory processing in April
Three of the plants are diesel-powered.
Repower Energy’s net income up 31.8% in Q1
Thanks to higher electricity sales.
First Gen acquires renewables platform for $18.1m
The transaction involves a full takeover of the platform.
Citicore Renewable Energy’s earnings up 8% in Q1
Thanks to a surge in revenue during the period.
PetroEnergy Resources logs $2.57m net income in Q1
Renewables expansion affected earnings.
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%.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy
Entering the age of electricity in Asia