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Philippines

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Vena Energy inks investment agreement for 550 MW solar project in Philippines

August 25, 2024

Vena Energy has finalised an investment agreement with MGen Renewable Energy Inc. (MGreen), renewable energy division of Meralco PowerGen Corporation. This agreement is for the joint development of the 550 MW Bugallon Solar Power Project, […]

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International News

CREC secures PHP20 billion financing from RCBC for its solar projects

April 23, 2024

Citicore Renewable Energy Corporation (CREC) has secured a debt funding deal with Rizal Commercial Banking Corporation (RCBC) covering a portfolio of up to 1 GW DC of solar photovoltaic projects in the Philippines. The deal, […]

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International News

Trina Solar, PetroGreen to enhance solar energy adoption in the Philippines

April 23, 2024

Trina Solar has partnered with PetroGreen to increase solar energy adoption in the Philippines. Through a master sales agreement (MSA), Trina Solar will provide 117 MW of photovoltaic (PV) solar modules for various projects led […]

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International News

SUSI Partners invests in utility-scale renewables projects in the Philippines

April 10, 2024

SUSI Partners has signed an investment agreement with experienced Southeast Asian developer Alba Renewables through the SUSI Asia Energy Transition Fund to support the development, construction, and operation of utility-scale ground-mounted solar PV and onshore […]

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International News

Mainstream awards development rights for 440 MW of onshore wind in the Philippines

March 13, 2024

Mainstream Renewable Power, the global pure-play renewable energy company, has signed two wind energy service contracts (WESCs) with the Department of Energy (DOE) in the Philippines for the development rights for two onshore wind farms […]

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International News

ACEN and BrightNight to develop 1 GW of renewables in the Philippines

March 12, 2024

BrightNight, a US-based company, has collaborated with ACEN, an Ayala Group affiliate,to advance the development, construction, and operation of BrightNight’s initial 1 GWac renewable power portfolio in the Philippines. The newly formed partnership plans to […]

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International News

Vena Energy and Aboitiz join forces for 206 MW wind project in Philippines

October 13, 2023

Vena Energy and Vivant Energy Corp. have finalised a partnership contract with Aboitiz Renewables Inc. (ARI), the renewables arm of Philippine power company Aboitiz Power Corp., for a 206 MW onshore wind project in the […]

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International News

BlueFloat to develop 7.6 GW of offshore wind projects in the Philippines

June 5, 2023

BlueFloat Energy, a Spanish offshore wind project developer, will construct a portfolio of 7.6 GW offshore wind projects in the Philippines. The portfolio will be spread throughout four locations: Central Luzon, South Luzon, Northern Luzon, […]

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International News

SunAsia and Blueleaf to build 610MW floating solar plants in the Philippines

May 12, 2023

SunAsia Energy, a Philippines-based solar developer, and Blueleaf Energy have been selected by the Philippines’ Department of Energy to build and operate six large-scale floating solar projects totalling 610.5 MW. The plants will be installed […]

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International News

Fluence commissions 570 MW Philippines energy storage portfolio

April 6, 2023

Fluence Energy, a supplier of energy storage services, has finished a 570 MW energy storage portfolio in the Philippines.  The battery-based energy storage portfolio has been given to SMC Global Power (SMCGP), a division of […]

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International News

Citicore prepares for IPO to fund $4 billion investment in renewables

February 13, 2023

Citicore Renewable Energy Corp, one of the major solar power producers in the Philippines, has revealed plans to go public in 2023. It anticipates that the share sale will contribute to a $4 billion investment […]

International News

Siemens Gamesa acquires wind turbine supply order in Philippines

August 12, 2022

Following the country’s initial round of renewable energy auctions, German energy company Siemens Gamesa has acquired a turbine contract in the Philippines from renewable developer ACEN. For the 70 MW Capa wind farm, Siemens Gamesa […]

International News

EPI and Shell to develop renewable projects in Philippines

July 5, 2022

Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) has signed a joint venture agreement with Shell business unit Shell Overseas Investments to develop renewable energy projects in the Philippines. With a main focus on utility-scale […]

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