Philippines

Trans-Asia Oil and Energy Development Corp.will resume commercial operations of its 21-megawatt bunker fuel-fired power plant at its new location in La Union.

The Philippine Solar Power Alliance has been lobbying for interconnection protocol to govern net metering for the import and export of capacity to and from the grid. 

The potential market for rooftop solar is placed at US$450 million annually but is almost completely untapped.

Icelandic firm H.S. Orka Energy will beef up the technical capability of the local developer of the 49-megawatt Biliran geothermal power project in the Visayas, Philippines.

Thai firm EGCO, through its subsidiary Quezon Power, is eyeing an equity take in the proposed P6-billion 48-MW wind power project in Oriental Mindoro, Philippines.

First Gen Corp. may invest as much as $3 billion in the next six years building power plants and a liquefied natural gas terminal.

Quezon Power Philippines Ltd. is trying to close an off-take power supply agreement with Meralco for the 500-megawatt expansion of its coal-fired power plant in Mauban.

Hedcor Inc. will add 60 megawatts to its portfolio of smaller-scale hydropower capacities, according to its president, Rene Ronquillo.

The National Grid Corporation of the Philippines will invest P269 million or US$6.44 million for additional capacitor banks at substations in the Luzon grid.

It will build a 135 megawatt circulating fluidized bed thermal facility in Iloilo.

A subsidiary of Ayala Corporation will build a 135MW power generation plant in the Province of Iloilo at the cost P12.5 billion.

Brunei is interested in the proposed liquefied natural gas facility to be put up in Mindanao.

Aboitiz Power will tap the local debt market to fund 75 percent of the its $3.6 billion coal-fired plant projects.

PSALM's offer of P348.91-million for the one-year operation of the 145.8-megawatt Naga thermal power facility in Cebu was found to be exorbitant by some bidders.

Basic Energy won three geothermal service contracts that enables it to explore energy resources in undeveloped areas.

Meralco's P9.1 billion claim for refund was labeled as “unfounded” and “premature” by the Philippine state-run Power Sector Assets and Liabilities Management Corporation.