Philippines

Basic Energy pursues study on 20MW geothermal project

Basic Energy Corp. commissioned a prefeasibility study for a 20-megawatt Mabini geothermal energy project in Batangas.

Basic Energy pursues study on 20MW geothermal project

Basic Energy Corp. commissioned a prefeasibility study for a 20-megawatt Mabini geothermal energy project in Batangas.

Ayala acquires 50% of Ilocos wind farm

The Ayala Group acquired half of the participating stake in a 33-megawatt wind farm in Ilocos Norte.

Aboitiz to raise $900M for coal-fired plants, refinancing

Aboitiz Equity Ventures will rtaise $900 million from debt sales to fund capital expenditure on two coal-fired plants. It also includes the amount need to refinance maturing debt.

Aboitiz to increase Sibulan plant's capacity

Aboitiz Power will boost its Sibulan hydroelectric plant in Davao del Sur by 13.6MW.

Power supply critical in Mindanao

The daily brownouts in Mindanao may persist this year as no new generating capacity is expected to be added.

Philippines now has utility-scale rooftop solar facility

First Philec Solar Corp. has put up the Philippines' first rooftop-installed solar facility of “utility scale".

Napocor needs $911M for remote, off-grid areas

Napocor needs as much as US$911.4 million to fund its electrification projects in remote and off-grid areas over the next five years.

Albay spared from blackouts

The customers of Albay Electric Cooperative in the Bicol region can heave a sigh of relief because they can be temporarily spared from blackout.

NPC given heftier rate hike in off-grid areas

The Philippine's NPC was finally allowed to pass-on a heftier increase of US$0.02417 per kilowatt to to its SPUG  jurisdictions in Luzon.

Aboitiz earmarks $1.5B for plant expansion

Aboitiz Power will spend $1.5 billion for the expansion of its Subic and Davao coal-fired facilities over the next three years.

VIASPACE eyes biomass deals in Philippines and China

VIASPACE Green Energy Inc. CEO Dr. Carl Kukkonen  discussed potential electric power plants and pellet mills that could be co-located with Giant King.

Philippines has highest electricity rates in Asia

The Philippines has the most expensive electricity in the whole of Asia.

Korean firm to build Philippine solar power projects

Youil Ensys subsidiary Youil Renewable Energy Corporation will invest around $160 million to construct two solar projects in the Philippines.

TGEG to unveil green energy powerplant

TGEG/SBS will be using the Biosphere MKV5 and Material Recycling Facility to Reduce Greenhouse Gas Emissions through Land Management contracts over the next 25 years.

$125M Subic solar projects get approved

Subic Wind Power Generation Inc. is expanding its power generation project in Subic Bay Freeport to include the establishment of a solar energy project for $125 million on top of its original proposal to establish and operate a wind farm.