Philippine Renewable Energy
Actis closes $600 million Terra Solar investment
Actis closes $600 million Terra Solar investment
This is in line with a subscription agreement signed last year.
First Gen’s recurring net income down 12% in 2024
Blame it on lower revenues coupled with higher expenses.
Basic Energy secures certificate of authority for Mariveles solar plant
This allows the company to start procurement.
Acciona Energía breaks ground for PH solar plant
Production will commence next year.
MGreen’s IPO being evaluated: Meralco
Assets may be injected into SPNEC.
Philippines releases TOR for Green Energy Auction 4
This round eyes new capacity from solar and onshore wind projects.
Southeast Asia’s green transition to get $700m investment boost
The funding will cover solar, wind, and hydropower projects.
Philippines and Korea launch energy knowledge sharing programme
This will focus on renewable energy integration and grid modernisation, amongst others.
SN Aboitiz Power bags funding for 56 MW of battery storage projects
This covers two projects in Isabela and Benguet.
Basic Energy and Renova close deal for 50 MW wind project
The Japanese company is now a partner in RDG Wind Energy.
Aboitiz Power’s Libmanan wind project secures turbines
Commercial operations will commence by the end of 2026.
Philippines exceeds 4.65 GW installation target in GEA-3
Fourteen projects were submitted.
Aboitiz Power unit deactivates two power barges
These will resume services in 2027.
Philippines adds nearly 800 GW of RE in 2024
Last year’s total exceeded the installations in 2021 to 2023.
Philippines grants national significance certificates to 149 energy projects
These will add 19 GW of power.
Philippines to publish TOR for fourth green energy auction
There will be an integrated RE and energy storage system in the upcoming auction round.
ACEN loans $510,200 to wind subsidiary
The short-term loan was executed on 30 January.
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