Philippines

Alternergy redirects IPO Funds to Rizal and Quezon wind projects

The two projects will start operations in the second quarter of 2024.

First Gen's net income up 4% to $277m in 2023

This is despite a 7% decline in revenue.

DOE issues electrification roadmaps for distribution utilities

The aim is to prioritise unserved and underserved areas nationwide with consistent supply.

REDC secures 500 MW wind energy contracts in the Philippines

The projects will cover four projects in Quezon Province.

Alternergy's 2 wind power projects to proceed to development phase

The Alabat and Tanay Wind Projects have a total capacity of 174 megawatts.

Philippines’ power output to grow 7% YoY in 2024

The country is importing natural gas for energy security.

Philippines’ Meralco, Aboitiz, San Miguel launch $3.3b LNG facility

The partnership will contribute over 2,500 MW of generation capacity once fully operational.

First Gen acquires 165 MW hydropower plant

The acquisition includes the switchyard, administration complex, guest house and roads.

Citicore breaks ground for 69 MWp solar project

The project is set for completion in 2024.

Aboitiz Power increases stake in STEAG State Power

STEAG State Power runs a 210-megawatt coal-fired power plant.

Philippines to launch auction for 4,399 MW RE projects

The third round of the Green Energy Auction will be held in August 2024.

Basic Energy, Renova partner for 50 MW Philippines wind project

The parties will sign a Joint Development and Shareholders Agreement.

SN Aboitiz’s BESS project starts commercial operations

It was granted a provisional authority to operate last 17 January.