Philippines
Grid network expansion may boost Philippines’ renewables: report
This is seen to open more opportunities for power project development.
Grid network expansion may boost Philippines’ renewables: report
This is seen to open more opportunities for power project development.
Solar, Wind to lead renewables growth in the Philippines
The non-hydropower renewables are expected to grow by 6.8GW.
Solar Philippines unit secures over 2000-hectare landbank
This is in pursuit of its goal to be the ‘world’s largest solar farm.’
First Gen’s net income down 8% YoY to $194m in first 9 months
The result was due to lower earnings in natural gas.
PetroGreen, Copenhagen Energy to form SPVs for 4GW offshore wind in the Philippines
They were awarded offshore wind service contracts in 2021.
ACEN net income climbs by 23% in Q3
Its net income stood at P1.9b.
ACEN divests 246MW Philippine coal plant
This is the first-ever transaction completed through the Energy Transition Mechanism.
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Why Philippines’ EDC will not fire up coal
The devastating effects of climate change led the company to develop REs only.
Delays of LNG terminals in the Philippines reflect supply and cost uncertainties
LNG imports won’t alleviate high power prices in the Philippines.
ACEN issues P10b green bonds
The maiden peso-dominated green bonds were 8.6 times oversubscribed.
Philippines’ ACEN to offer P10b green bonds
This will fund three major solar farms with a combined capacity of about 460MW.
Philippine consortium to invest $18m in microgrids in Palawan
These can provide power to more than 30,000 people.
Ahunan Power to acquire pumped storage hydropower developer
The project is in the pre-development stage.
First Gen unveils LNG storage unit ‘BW Batangas’ in the Philippines
It will provide for the company’s gas-fired power plants.
Philippines’ SPNEC to ‘catalyse’ 10GW project via stock rights offering
The SRO has proceeds worth P2.8b.
New 72MW solar farm in the Philippines starts operation
The project was developed by ACEN and Citicore.
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