Philippines
Private firms eclipse the growth of the Philippines' solar power industry
Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.
Private firms eclipse the growth of the Philippines' solar power industry
Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.
Philippines’ Prime Infra unit to build world’s largest solar facility
It will have a 2,500MW to 3,500MW capacity with a battery energy storage system.
ACEN, ENEX cancel property-for-share swap agreement
The companies cited challenging economic conditions for the cancellation.
Prime Infra’s Malampaya take-over bodes well for the project: Philippines’ DoE
The company announced its plans to acquire a controlling stake in the project.
Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project
The gas project supports 20% of the country’s electricity requirement.
ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
AboitizPower awards EPC deals for solar project in the Philippines
It is expected to start operations by June 2023.
Solar Philippines unit gears up bid bonds for 10GW project
This is in line with the requirements of potential off-takers.
First Gen income slips to $78m in Q1
The company linked this to a decline in its natural gas and geothermal platforms.
Higher crude oil prices drive PetroEnergy income up 48% in Q1
The Philippine-based company’s consolidated income stood at P253m.
Philippines’ ACEN net income falls 68% YoY to $7.7m in Q1
This is due to the higher costs of purchased power in the spot market.
Philippine banks still fund coal projects: report
In effect, banks are enabling fossil fuels by underwriting or selling bonds.
What makes the Philippines the most ‘fundamentally attractive’ solar market in SEA?
Power generation cost in the Philippines is double compared to its neighbouring countries, Solar Philippines CEO claims.
Philippines’ ACEN to enter US renewable energy market
It has partnered with UPC Solar & Wind Investments and Pivot Power Management.
Philippines’ new roadmap targets 40GW offshore wind by 2050
This could make up 45 % of its electricity supply.
Philippines calls for EEC measures amidst looming fuel price hike
The department also raised the need to attain energy independence and security.
Philippine energy department, World Bank to launch offshore wind roadmap
The roadmap seeks to tap the country’s 178GW offshore wind potential.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. Consortium to develop 1.5 GW Abu Dhabi solar projectAwards
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