Facilities would massively boost nation’s renewables capacity Developments could mostly begin operation in 2025 to 2026 Solar Philippines has taken a further step toward massively expanding the nation’s renewables capacity, including with one of the world’s top projects, as it aims to help meet rising energy demand and aid a shift away from coal. The […]
Overhaul Energy Sector to Reach Net-Zero Future, Says ADB President – EQ Mag Pro
MANILA, PHILIPPINES : Asia and the Pacific must overhaul its energy sector to transition to a net-zero future that is vital in the fight against climate change, Asian Development Bank (ADB) President Masatsugu Asakawa said today at the Asia Clean Energy Forum (ACEF). “The transition to a net-zero future will not be stress-free: it calls […]
Meralco’s Issue Tender for Supply of 850 MW USP solar power plants – Philippines – EQ Mag Pro
Meralco’s Issue Tender for Supply of 850 MW USP solar power plants – Philippines. For more information please see below link:
Philippines has potential for 21GW wind power by 2040: World Bank – EQ Mag Pro
MANILA : The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to a study released by the Department of Energy and the World Bank on Wednesday. The installation of more wind power will help cut the country’s […]
Philippines to incorporate nuclear power into energy mix – EQ Mag Pro
The country aims to use nuclear power to overcome power outages and high electricity prices. Philippine President Rodrigo Duterte has reportedly approved an executive order to include nuclear power as an option in the Philippines’ energy mix as the country phases out coal-fired power plants to meet its climate goals. The order was signed on […]
Philippines’ first hybrid solar-plus-storage plant comes online through Ayala Group energy subsidiary – EQ Mag Pro
The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s battery energy storage system (BESS). The 40MW pilot battery energy storage project in the Philippines has been switched on at the site of Alaminos Solar, a 120MW solar PV power plant […]
Philippines launches 2 GW renewables auction – EQ Mag Pro
Philippines launches 2 GW renewables auction. For more information please see below link:
$7 Million ADB Grant to Help Marshall Islands Move to Renewables – EQ Mag Pro
MANILA, PHILIPPINES : The Asian Development Bank (ADB) and the Government of the Marshall Islands (RMI) today signed agreements for a $7 million grant to support the Marshalls Energy Company (MEC) improve its performance to enhance the disaster resilience of RMI’s energy network and to prepare for a shift to renewables. The agreements, part of […]
Entry of smuggled solar panels halted – EQ Mag Pro
MANILA, Philippines : The Bureau of Customs (BOC) has apprehended the entry of nearly 500 units of solar panels from China due to misdeclaration of shipment and undervaluation of prices. The Port of Cebu has confiscated a container with 470 panels of new solar modules from China worth more than P2.6 million, according to the […]
Philippine’s AC Energy to Form Solar Rooftop JV, Posts 5% H1 Profit Rise
Philippine-based power company AC Energy Corp (PSE:ACEN) said Thursday it will form a joint venture (JV) with NEFIN Holding Ltd to develop, build and operate rooftop solar projects across Asia. ACEN will enter into the 50/50 JV through its wholly-owned subsidiary AC Renewables International (ACRI). The new business will have 21 MW of operating assets […]