Philippines

The Philippines’ largest power distributor and a Japanese firm intend to build one of the largest liquefied natural gas power plants in the Philippines.

San Miguel Corp. will acquire more hydropower plants and is pondering a possible foray into renewable energy development.

Meralco PowerGen Corp plans to acquire the 650MW Malaya thermal power plant in Rizal province, the Philippines.

The Philippines’ Energy Regulatory Commission has approved a US$0.23 per kWh initial feed-in tariff rate for all solar installations.

The National Grid Corporation of the Philippines is similarly lining up projects that will reinforce its Visayas networks.

The renewable energy unit of Eastern Petroleum Corporation will be investing up to $108 million for a two-phased biomass power plant project in Agusan del Norte, Mindanao.

 

Concessionaire National Grid Corporation of the Philippines (NGCP) will be coughing up an

Butuan, the gateway to the CARAGA region, will host three huge foreign investments in hydro solar, biomass power projects and a commercial establishment by Robinsons, which would be the biggest in Mindanao.

Aboitiz Power will increase its electricity generation portfolio with a greenfield 200-megawatt power facility in the Visayas.

TeaM Energy now has six firms as prospective boiler supplier; and another six for the turbine  the 400-megawatt expansion of the Pagbilao coal-fired plant.

An environmental group is opposing the proposal to construct two coal-fired power plants in Negros Occidental.

The Visayas grid will need additional power plants to cope with increasing electricity demands in the next three years.

Eight hydroelectric power plants will be put up by Alsons Energy in the Visayas and Mindanao regions.

Cement firm Lafarge Republic Inc. announced its decision to ink a power supply deal with Masinloc Power

Four groups are eyeing to acquire the four diesel-fired power barges being auctioned in the Philippines.