Philippines' renewable projects
Alternergy bags $90.3m loan for 64 MW wind project
The loan will be provided by Rizal Commercial Banking Corporation.
Alternergy raises $340.7m funding for RE projects
It is developing two wind farms and a solar farm that are targeted to start by 2025.
Philippines to receive $500m in CIF funding to accelerate coal plant retirements
Coal-fired plants accounted for 44% of the country’s installed capacity.
Alternergy bags $34.2m loan for wind projects
BDO Unibank is the lender.
Coro Energy to develop 100 MW onshore wind farm in the Philippines
This is the company’s second wind energy service contract in the country
REDC to develop 320 MW seawater pumped storage hydropower project
The project is located in the province of Quezon in the Philippines.
Basic Energy and RENOVA collaborate on 50 MW Mabini Wind Power Project
The project is covered by the government’s Wind Energy Service Contract.
Aboitiz Power unit to construct 172 MWp solar plant in the Philippines
It tapped AFRY for the development of the project.
Philippines receives 25 bids for 13 potential RE projects
The bidding was for hydropower, geothermal and wind projects.
Alternergy to raise $211.1m for wind projects
This will fund the Tanay and Alabat wind power projects.
SunAsia, Blueleaf to develop 1,300 MW floating solar project in the Philippines
The projects will begin construction in 2025.
Philippines, Portugal to partner on RE development
Areas of development may include alternative fuels such as hydrogen.
Grid network expansion may boost Philippines’ renewables: report
This is seen to open more opportunities for power project development.
ACEN aims to reach 20GW of renewables capacity by 2030
This is six times higher than the current 3.4GW renewables capacity.
Philippines’ energy dep’t generates 1,966.93MW RE in auction
The first auction round posted a 98.3% success rate.
Nickel Asia unit, Shell partner to develop RE in the Philippines
The joint venture plans to add 1GW capacity by 2028.
Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors