Philippines

Philippines’ Meralco, Aboitiz, San Miguel launch $3.3b LNG facility

The partnership will contribute over 2,500 MW of generation capacity once fully operational.

First Gen acquires 165 MW hydropower plant

The acquisition includes the switchyard, administration complex, guest house and roads.

Citicore breaks ground for 69 MWp solar project

The project is set for completion in 2024.

Aboitiz Power increases stake in STEAG State Power

STEAG State Power runs a 210-megawatt coal-fired power plant.

Philippines to launch auction for 4,399 MW RE projects

The third round of the Green Energy Auction will be held in August 2024.

Basic Energy, Renova partner for 50 MW Philippines wind project

The parties will sign a Joint Development and Shareholders Agreement.

SN Aboitiz’s BESS project starts commercial operations

It was granted a provisional authority to operate last 17 January.

Philippines directs gov’t offices, firms to implement energy efficiency measures

Energy audits and random checks will be conducted to ensure compliance.

ACEN issues guarantee for subsidiary’s $320m loan

ACEN Cayman has loans from Philippines-based banks.

Philippines, Indonesia reinforce energy cooperation

The cooperation will be around renewable energy and energy transition, amongst others.

Philippines on track to energy transition, but RE targets could be higher

The country’s renewable energy has accounted for 22% of the energy mix as of 2022.

Improved Philippine power grid will improve energy access: AboitizPower

Electricity demand is expected to grow 6.6% yearly until 2040.

SPNEC starts construction of the world’s largest solar project

The project’s first phase will be completed by the first quarter of 2026.

JERA finalises system framework for LNG adoption in the Philippines

JERA has also been named as a contractor for LNG projects in the Philippines.