Aboitiz Power Corporation will be developing 721 megawatts (MW) in renewable energy (RE) projects over the next three years as part of its growth strategy for the next decade. Among the projects...
Norwegian firm Scatec ASA is looking to expand its renewable energy (RE) investments in the Philippines, including solar, wind, and battery energy storage system (BESS) installations. Scatec General Manager for Southeast Asia...
Lopez-led Energy Development Corporation (EDC) has formally launched the operations of its 3.6-megawatt (MW) Mindanao 3 (M3) binary geothermal power plant in Kidapawan City, North Cotabato. The new plant, an extension of...
ACEN is looking to enter the renewable energy (RE) market in the United States by acquiring existing wind power projects on the other side of the world. This comes as Ayala’s power...
Ayala-led ACEN is currently looking at opportunities for offshore wind energy locally, particularly in Batangas and Manila Bay, as well as in the region. “Offshore wind is one of the new technologies...
The Philippines has an estimated 178 gigawatts (GW) of potential offshore wind resources, the World Bank Group (WBG) and the Department of Energy (DOE) said in their “Offshore Wind Roadmap for the...
The Philippines’ estimated renewable energy (RE) capacity went up by nine percent to 7,617 megawatts (MW) in 2021 from 6,986MW in 2020, according to a report by the International Renewable Energy Agency...
The Manila Electric Company (MERALCO) is seeking new bidders to supply its franchise area with 1,030 megawatts (MW) of electricity after the Department of Energy (DOE) cleared the power giant to conduct...
Ayala-led ACEN has secured a Php13.7 billion loan to fund the transition of its 270-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Calaca, Batangas. In a statement on Monday,...
The Manila Electric Company (MERALCO) has declared a failed bidding for 850 megawatts (MW) of renewable energy mid-merit supply due to the lack of competing bids. MERALCO’s Third-Party Bids and Awards Committee...
