Philippines

Meralco plans micro-nuclear power plants for remote areas by 2028

It will be deployed in one of the island provinces.

First Gen’s Q1 income drops 9% YoY to $81m

Only the company’s hydro platform saw revenue growth.

ACEN invests $522k to ENEX Corp

It subscribed to 30 million non-voting preferred shares.

Philippines expects over 4,000 MW of power projects to begin operations this year

These projects include both conventional and renewable energy.

ADB and Buskowitz commit $12m to boost rooftop solar in the Philippines

This will involve the deployment of 70 MW of rooftop solar projects.

REDC to develop 320 MW seawater pumped storage hydropower project

The project is located in the province of Quezon in the Philippines.

AboitizPower launches 49 MW hybrid BESS project

This is the first battery project in Southeast Asia that was built on a floating platform.

Basic Energy and RENOVA collaborate on 50 MW Mabini Wind Power Project

The project is covered by the government’s Wind Energy Service Contract.

ACEN bags $150m green loan

The fund will be used for its growth in other markets.

Alternergy secures interconnection deal for 100 MW Wind Project

It is the second interconnection deal Alternergy signed this year.

REDC enters MOU with NIA to develop mini-hydropower plants

This will be built in three areas with existing NIA facilities.

SUSI Partners partners with Alba Renewables for RE projects in the Philippines

The investment will support solar and onshore wind projects.

Citicore logs 12% YoY income growth to $24.8m in 2023

This is on the back of its “strong guaranteed base lease.”