Philippines
Philippinesā ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Philippinesā ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Philippinesā AboitizPower to explore 3,000MW offshore wind power
The country only has a capacity of 443MW onshore win, as of 2020.
Philippinesā SMC Global Power lists P40b bonds
This will allow the company to provide reliable power supply.
SMICās Philippine Geothermal Production Company acquisition gets green light
The consideration paid for the acquisition was around $284.8m.
Philippine-based PXP Energy narrows loss in Q2
The companyās core net loss amounted to P645,000, down from P16.6m in the previous year.Ā
ACEN green lights final tranche of energy transition financing
The company will divest its shares in SLTEC for P3.7b.Ā
Philippinesā Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
Philippines is 3rd largest geothermal market globally: Fitch
Its installed capacity is estimated at 1,928MW in 2021.
ACEN to offer Peso-denominate green bonds
The proceeds from the $177.8m bonds will be used for its three solar projects.
ACEN to issue P30b bonds to fund RE projects
Initial proceeds will fund the Arayat-Mexico Solar Power expansion project amongst others.
Philippinesā energy depāt generates 1,966.93MW RE in auction
The first auction round posted a 98.3% success rate.
Nickel Asia unit, Shell partner to develop RE in the Philippines
The joint venture plans to add 1GW capacity by 2028.
Solar Philippines secures 70% of governmentās RE auction
It also won 91% of all solar capacity.
Philippinesā DOE holds auction for 2,000MW clean energy
The auction was joined by 24 qualified bidders from various energy sectors.
Solar Philippines to contract 10GW projectsĀ
The projects are scheduled to start operations between 2025-2026.
Private firms eclipse the growth of the Philippines' solar power industry
Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.
Philippinesā Prime Infra unit to build worldās largest solar facility
It will have a 2,500MW to 3,500MW capacity with a battery energy storage system.