AC Energy and UPC Renewables begin construction works on the Balaoi and Caunayan wind farm in the Philippines. Philippines-based energy company AC Energy and its partner, UPC Renewables, have started construction works on the Balaoi and Caunayan wind farm.Built with a PHP11.4bn ($238m) investment, the 160MW wind farm is located in Pagudpud in the Philippines’ […]
AC Energy to Build Philippines’ Largest Wind Farm at Cost of $239 mln
AC Energy aims to complete the project in the last quarter of 2022 and put the wind farm, which will consist of 32 wind turbines supplied by Siemens Gamesa, into full commercial operation by 2023. AC Energy Corp, the power generation unit of Philippine conglomerate Ayala Corp, will build an 11.4 billion-peso ($239 million) wind […]
Filipino Utility’s 50 MW Solar Project Comes Online
Filipino utility Mgen’s 50 MW solar project in Bucalan has come online. Commercial operations have started at a 50 MW solar power plant in the Philippines after construction was disrupted by the COVID-19 pandemic last year. The system, called PowerSource First Bulacan Solar, Inc. (PFBSI), is a joint venture between local power companies MGen Renewable […]
Philippines’ Further Shift to Clean Energy
The country’s energy grid continues to shift away from traditional sources and further to renewable ones. This was highly noticed in the past months as concerns on individual health and environmental welfare heightened amid the coronavirus disease 2019 (COVID-19) pandemic. Hearing the louder call to harness cleaner sources of energy, both public and private sectors […]
Mitsui Plans Solar Plant in Philippines With Local Partner
Japanese company Mitsui and Philippine independent power producer Global Business Power Corp will jointly develop a 115 megawatt (MW) solar project in the Philippines. It is reported that the project will be located in the northern province of Rizal and is expected to cost ¥7 billion yen ($63.8 million). 40% of the cost will be […]
Philippines to increase solar PV capacity to 15.29GW: GlobalData
The power consumption in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 5.8 percent from 82.5TWh in 2020 to 145.1TWh by 2030. Philippines government plans to increase its installed power capacity from 27.6GW in 2020 to 58.4GW in 2030. Most of the installed capacity is expected to be sourced […]
Embracing the light: Churches tap solar power
MANILA, Philippines : In the past few years, Bishop Gerardo Alminaza of the Diocese of San Carlos in Negros Occidental has been at the frontline of a crusade waged both from the pulpit and on the streets. Alminaza, 61, is part of the Philippine Catholic Church’s strong opposition to the use of fossil fuels in […]
Clean energy now for a brighter Philippines
Imagine a future where every breath of air taken in the city is refreshing, as zero-emission transport becomes the norm. Smoke from electricity-generating power plants is a thing of the past; recycling, a way of life, and Filipinos living more comfortable lives with resources available to everyone. These can all happen if the government, backed […]
54th ADB Annual Meeting to Focus on Collaboration for a Resilient and Green Recovery
MANILA, PHILIPPINES — The Asian Development Bank (ADB) will hold its 54th Annual Meeting of the Board of Governors in a virtual format from 3 to 5 May 2021, with a focus on deepening collaboration for a resilient and green recovery from the coronavirus disease (COVID-19) pandemic. “The pandemic has had a significant impact in […]
$300 Million from Green Climate Fund to Support ADB’s First Green Recovery Program in Southeast Asia
MANILA, PHILIPPINES — The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank’s (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic. The Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) Green Recovery Program aims to leverage […]