Philippines

Philippines directs gov’t offices, firms to implement energy efficiency measures

Energy audits and random checks will be conducted to ensure compliance.

ACEN issues guarantee for subsidiary’s $320m loan

ACEN Cayman has loans from Philippines-based banks.

Philippines, Indonesia reinforce energy cooperation

The cooperation will be around renewable energy and energy transition, amongst others.

Philippines on track to energy transition, but RE targets could be higher

The country’s renewable energy has accounted for 22% of the energy mix as of 2022.

Improved Philippine power grid will improve energy access: AboitizPower

Electricity demand is expected to grow 6.6% yearly until 2040.

SPNEC starts construction of the world’s largest solar project

The project’s first phase will be completed by the first quarter of 2026.

JERA finalises system framework for LNG adoption in the Philippines

JERA has also been named as a contractor for LNG projects in the Philippines.

Gurīn Energy completes funding for 75 MW Philippine solar project

The financial close will lead to a total investment of $60m.

San Miguel Global Power lauded at Asian Power Awards for portfolio of innovations

It has shown remarkable breakthroughs in the industry that focused on providing sufficient energy.

ACEN secures $197.6m sustainability-linked loan facility

It partnered with the Asian Development Bank and the Bank of the Philippine Islands.

AboitizPower slates 4600 MW clean energy portfolio for decarbonisation strategy

The company’s RE platform makes it the largest in the Philippines.

Alternergy unit, electric cooperative to connect wind project to national grid

This will include the construction of a 37-kilometre transmission line.

Basic Energy to develop wind power project in northern Philippines

The project is located in the municipality of Pasuquin in Ilocos Norte province.

ACEN unit inks 1st green term loan facility with MUFG Bank

The $100m loan will support the company’s strategic expansion.

Alternergy, Denmark energy consultant to develop two onshore wind projects

K2M will support Alternergy in the procurement processes of the two wind power plants.