philippines

Energy platform ACEN has planned to develop 1GW of floating solar PV (FPV) in Laguna, in the northern Philippines.

The Philippines Department of Energy (DOE) has awarded 1.96GW of solar PV projects in its most recent Green Energy Auction Round (GEA2).

Solana Solar has signed a power purchase agreement with Kratos RES to supply 10-20MW of electricity from its Solana Solar Power Project.

Solar Philippines Neva Ecija Corporation (SPNEC) has planned to start construction later this year on its 3.5GW solar farm in the Philippines.

A Singaporean independent power producer (IPP) plans to develop 2GWp of solar PV projects in the Philippines by 2030, with 500MW already under development.

Filipino conglomerate Ayala corporation’s energy arm ACEN has started constructing a 300MW solar farm in the Philippines.

Independent power producer NEFIN has formed a partnership with Taiwanese energy company City Development through its subsidiary NEFIN Capital Taiwan Company (NEFIN Capital) to venture into the solar energy market in the country.

Nine Chinese companies have committed to a collective US$13.76 billion of investment in the Philippines’ renewable energy sector, set to develop solar, wind and energy storage assets.

Independent power producer (IPP) Scatec targets to invest NOK10 billion (US$946 million) of equity for new renewable power plants through 2027.

Five of Asia’s biggest economies will exponentially grow their solar capacity in the coming years, according to new analysis from think tank Ember.