Philippines

Solar Philippines unit to raise P10b for 10GW projects

This forms part of SPNEC’s plan to raise its capital stock to 50 million shares.

SPNEC to supply 97.8 MWh per day in Philippines’ Central Luzon

The company beat five other bidders that vied for the Angeles Electric Corp.’s supply deal.

Philippine electricity demand growth hinges on vaccine drive: report

It is expected to show an annual growth of 5-6% until 2024.

​​SPNEC to develop 10 GW solar project

This is a 10-fold increase from the Philippines grid-connected solar capacity.

Philippines’ new sustainability framework restricts fossil fuel financing

Fossil fuel power-generation projects will be excluded from its green financing scheme.

AC Energy subscribes US$273m for renewable projects in the Philippines

This will fund a 160MW wind project and 283MW solar project. 

Keeping the Quezon Power on as supply deal extension sits in limbo

The power generator’s power purchase agreement is due to lapse in May 2025.

Power supply crunch in 2022 looms in the Philippines

Demand is rising, yet no new power supply is coming to the market.

The Philippines is poised to lead Southeast Asia in sustainability

It could 'leapfrog' to be a regional leader with renewables projected to be worth $30b by 2030.

Bank of the Philippine Islands to cease coal financing by 2033

BPI aims to stop lending 45% of coal-fired powered projects.

Philippines’ renewable energy for takeoff as coal faces termination

Almost 1,500 MW of wind and solar are now in operation, along with 655 MW of solar that secured financing.

Support for nuclear rises amidst clean energy goals, power demands

Indonesia and the Philippines are looking into its feasibility as a clean energy alternative. 

Philippine’s SMC to dump new coal projects

The company plans to transition to low-carbon.

Philippines to phase out coal in Mindanao

The government is planning to convert most of the region’s energy into hydropower.

Fluence completes 40 MW of 470 MW energy storage system in the Philippines

The first two 20 MW / 20 MWh is only the first wave of 13 energy storage projects.