Philippines

AboitizPower’s net profit down 4% in H1

Blame it on depreciation and interest expenses.

AboitizPower’s net profit down 4% in H1

Blame it on depreciation and interest expenses.

No total ban on coal power plants in PH, gov’t clarifies

Authorities clarify the coverage of a 2020 moratorium.

EDC eyes completion of six RE projects in 2024

These include geothermal plants and battery storage systems.

Manila starts second round for selection of microgrid provider

This will cover 75 unserved and underserved areas.

SP New Energy names new president and CEO

Tycoon Manuel Pangilinan has vacated his post. 

ACEN signs $8.02m subscription deal with renewable energy unit

This will be used to increase investment in clean energy projects.

PH rejects coal dependence comparison with China, Indonesia

Manilla said there is a significant difference in the coal generation mix.

PH-US civil nuclear agreement takes effect

This will facilitate transfer of knowledge and equipment for nuclear energy development.

How AboitizPower’s hybrid BESS helps secure the PH grid

It eyes replicating the technology in its other power plants.

Philippines most coal-reliant country in SEA: Ember

It overtook Poland and China, which are historically major coal users.

Citicore, SGLP to develop 153.5-MW solar plant in PH

They will also jointly operate the facility.

PH regulator OKs Greenenergy’s $8b investment in RE unit

The certificate of approval was issued on 24 June.

PH issues fresh guidelines to boost renewable energy development

Feasibility activities may be conducted prior to the commencement of the 25-year contract.

Alternergy acquires 74.99% stake in Olympia Solar Power

Alternergy will be Olympia Solar’s project sponsor for a project in Sultan Kudarat.

First Gen awards LNG cargo contract to Tokyo Gas unit

This is the company’s fifth LNG cargo. 

Alternergy bags $90.3m loan for 64 MW wind project

The loan will be provided by Rizal Commercial Banking Corporation.