Philippines
PH to announce third bidding for microgrid system providers
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%.
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.
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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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