Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.
The case for solar remains strong in Southeast Asia since power demand is still growing rapidly in many of its markets, but traversing the unique regulations and policies of each country and knowing which PV segment is most suitable remains challenging. Here are some of PV Tech’s key takeaways from last week’s Solar and Off-Grid Renewables Southeast Asia (SORSEA) 2017 conference in Bangkok, Thailand.
The Subic Bay Metropolitan Authority (SBMA) has aborted a proposed 200MW solar project and industrial area development at the Redondo Peninsula, due to the developer’s apparent lack of both funding and experience.
The Filipino National Renewable Energy Board (NREB) is conducting a series of public consultations in order to shape a new off-grid renewable energy policy with a particular focus on islands, mountains and far-away villages.
PV developer Sunray Power (SPI), majority owned by MRC Allied subsidiary Menlo Renewable Energy Corporation, has signed a service contract with the Department of Energy (DOE) to develop a 100MW solar PV project at Clark Green City in the Municipality of Bamban, Tarlac, the Philippines.
Philippine Department of Energy (DOE) Secretary Alfonso G. Cusi has expressed intentions for the Filipino government to accelerate the deployment of mini-grids using renewable energy in the country to help achieve its goal of total electrification by 2022.
Filipino power firm Phinma Energy Corporation, the energy arm of Philippine Investment Management, has been granted rights by the Philippines Department of Energy (DOE) to develop a 45MW solar PV project in the Province of Batangas, according to an SCE filing.
Filipino president Rodrigo Duterte today inaugurated the Philippines first solar module manufacturing facility with an expanded capacity of 800MW at Santo Tomas, Batangas, owned by renewable energy firm Solar Philippines.
MRC Allied, a property development firm based in the Philippines, is making a powerful foray into the energy scene, by revealing an ambitious plan to build up a portfolio of 1GW of clean energy by 2022 – with solar PV constituting half of that capacity.
The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.
After experiencing their own problems with potential induced degradation (PID), Belgium-based Edison Energy took matters into its own hands and developed the Pidbull solution in partnership with imec. Now it sells Pidbull to anyone experiencing issues with PID. As managing director Davy Verheyden explains, it is a problem solar asset owners cannot afford to ignore.