Philippines

Siemens Gamesa to Supply Largest Wind Farm in the Philippines as Wind Momentum Builds in the Country

Siemens Gamesa has secured a landmark order to supply, install and commission 32 onshore turbines for the largest wind farm in the Philippines to date, marking a resurgence for the wind industry in the country. The 160 MW Balaoi & Caunayan wind project will be developed by Asia’s pioneering renewable energy developers UPC Renewables and […]

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AC Energy to Develop Largest Wind Farm in Philippines at 160 MW

AC Energy has started construction of the 160 MW Balaoi & Caunayan wind farm, the biggest wind farm in the Philippines to date. AC Energy is moving closer to its 2025 goal of achieving 5,000 MW of renewable energy target with the start of construction of the 160MW Balaoi & Caunayan wind farm, the biggest […]

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Total Eren Enters Philippines Market With 2 Solar Projects Worth 135 MW

Total Eren has entered the Philippines in partnership with Mabalacat Solar Philippines and Sindicatum to build a total of 135 MWp of solar power plants Total Eren, a leading renewable Independent Power Producer (IPP) based in Paris, has announced that it has taken its first steps in the Philippines in partnership with Mabalacat Solar Philippines, […]

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KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’

KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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Seraphim Signs Agreement to Supply 183 MW Modules to Philippines

Seraphim has announced that it has signed an agreement with ERS Energy to deliver 183 MW of high-efficiency solar modules for projects in the Philippines Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar module manufacturers, recently announced that it has signed an agreement with ERS Energy Sdn Bhd to deliver 183 megawatts […]

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Philippines Central Bank Offers Support for Energy Transition and Renewables: IEEFA

The Philippines’ Central Bank has approved a Sustainable Finance Framework to offer new support for energy transition and renewables. The Philippines’ Central Bank (Bangko Sentral ng Pilipinas) has approved a Sustainable Finance Framework to safeguard the financial system from the evolving material hazards from climate change and energy transition risk including stranded assets, the Institute […]

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Philippines Switches on its First Hybrid Floating Solar Project

The first floating solar power project in the Philippines was recently switched on by Ocean Sun, a leading solar energy company based in Norway. The Philippines first 200 kW floating solar power project by Ocean Sun, a leading solar energy company based in Norway, was recently switched on. The joint project is part of the partnership between Ocean Sun […]

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Pilot Project Brings 24-Hour Solar Power to Remote Philippine Island

A pilot project under an Asian Development Bank (ADB) technical assistance, is bringing 24-hour solar power to this small rural island in Antique Province, Philippines. The Malalison Island Solar Photovoltaic (PV) Hybrid Pilot Project is a private sector joint venture with Antique Electric Cooperative (ANTECO), the electric distribution franchise holder, and One Renewable Energy Enterprise, […]

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