Philippine Energy Industry
Philippines adds 956 MW of new power generation capacity
Philippines adds 956 MW of new power generation capacity
The majority of the additional capacity came from 12 renewable energy plants.
5 days ago
PH taps stakeholders for multiple energy resources framework
The government eyes the formation of a committee to fuel collaboration and accountability.
First Gen’s recurring net income flat in H1
Its business units showed mixed results.
PH approves facilities study for Buhawind’s 2,000 MW offshore wind project
The company has also started efforts to form a skilled offshore wind workforce.
PH gov’t orders immediate restoration of plants in Visayas and Mindanao
Nearly 1 GW are on forced outage.
Meralco’s core income increases 10% in H1
The distribution utility accounted for more than half of the profit.
MTerra Solar’s first phase 54% complete
This was achieved eight months after its groundbreaking.
Aboitiz Power-Vivant joint venture to end operations by end-2026
This has been approved by the local securities market regulator.
PH endorses four energy projects for further regulatory processing in April
Three of the plants are diesel-powered.
PH's Meralco bags franchise renewal
It was set to expire in 2028.
PH’s Linseed Field LNG terminal resumes operations
However, another facility remains to face delays.
Philippines grants national significance certificates to 149 energy projects
These will add 19 GW of power.
PH launches first BARMM conventional energy bidding
Applications were also received for the 2024 Philippine Bid Round.
Philippines’ Basic Energy to develop wind energy in Batangas
The project could generate power ranging from 140 MW to 168 MW.
Philippines’ Aboitiz Power unit awards contract to develop 17MW geothermal power plant
The plant will be developed in Tiwi, Albay province.
Philippine-based PXP Energy narrows loss in Q2
The company’s core net loss amounted to P645,000, down from P16.6m in the previous year.
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1. SP Group and Univers for virtual power plant development in S’pore 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. Global power grid investment reaches US$359b in 2024: reportResource Center
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