Philippine Renewable Energy
ACEN divests nearly 200 MW of diesel plants
ACEN divests nearly 200 MW of diesel plants
This is part of the efforts to transition fully to renewable energy.
PH announces timeline for fourth green energy auction
Pre-bid evaluation will start on 23 June.
PH introduces enhancements to support floating solar generation
This includes reallocation of the 1,040 MW installation target capacity.
PH and JICA ink large-scale hydropower deal
They will identify possible sites for hydropower generation.
PH commences auction for fixed-bottom offshore wind capacity
The projects have a delivery period from 2028 to 2030.
Buhawind Energy bags pre-development environment permit for offshore wind project
This allows for the conduct of various studies.
ACEN taps CIP for 1 GW offshore wind project in PH
The investment firm acquired a minority stake in the project.
PH issues five new system impact study endorsements in April
These were all new applications.
Citicore Energy REIT’s earnings reach PHP 358m in Q1
Its stable performance was backed by a strong base lease.
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.
Offshore wind, energy imports could spur RE deals in Southeast Asia
Investment-friendly policies will push private money into these projects.
Aboitiz Power breaks ground for 48-MW Nasipit hybrid energy storage project
This will be completed in 2026.
Alternergy receives $57.52m for Alabat Wind Project
A portion of the over PHP5b project financing has been released.
NexGen Energy unit bags green lane certifications for PH wind projects
The projects are located in Quezon province.
Renova taps Shoreline Wind for onshore wind projects in Japan and PH
This aims to increase efficiency in the development of the projects.
ACEN inks $601.15m loan for onshore wind project
The credit will partially fund a 344.5 MW project in the Philippines.
Thought Leadership Centre
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1. Global power grid investment reaches US$359b in 2024: report 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. India’s installed power capacity hits 5.05 Lakh MWResource Center
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