philippines

TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.

Singapore-based renewables firm Levanta Renewables has signed an engineering, procurement and construction (EPC) contract with China Energy Engineering Group (CEEC) for a solar-plus-storage project in the Philippines.

The Philippines has fast-tracked 1.4GW of new renewable energy projects in response to the ongoing effects of the Iran war on fossil fuel prices.

The Philippines government has announced that large-scale renewable energy installations will have to integrate energy storage into their projects.

Meralco PowerGen Corporation has completed initial grid synchronisation and energisation of the 3.5GW MTerra solar project, which includes a 4.5GWh battery energy storage system (BESS). 

The Philippines will launch a number of renewable energy auctions between 2027 and 2035 for at least 25GW of capacity each year.

The Philippines’ solar and energy storage trade body has warned that diplomatic tensions with China could disrupt the solar industry.

PV developer Solar Philippines has issued a statement denying liability to pay PHP24 billion (US$400 million) in penalties from the Philippines’ Department of Energy (DoE).

Global investment firm Brookfield Asset Management has acquired Singapore-headquartered independent power producer (IPP) Alba Renewables.

The Philippines has awarded Acciona Energía a 20-year power supply contract for a 180MW solar PV project on the island of Cebu.