Danish firm Copenhagen Infrastructure Partners (CIP) is eyeing to diversify its capital formation for renewable energy (RE) projects in the country, with its investment sight now expanding into solar and energy storage systems. The Danish firm first entered the Philippine market last year with its...
Following the Department of Energy’s (DOE) rejection of its force majeure plea, Pangilinan-led SP New Energy Corporation (SPNEC) is now looking for an alternative site for the development of the 280-megawatt Nueva Ecija solar farm project it won under the first round of the green energy auction...
NEWCASTLE, Australia (AP) — An ambitious plan to build a massive solar farm in remote northern Australia that would transmit energy by submarine cable to Singapore is a step closer after the Australian government granted environmental approvals for the 30 billion Australian dollar ($19 billion)...
Giant lender BDO Unibank Inc. has extended P5.6 billion project funding to the 197-megawatt Tuy solar project of Saavedra-led Citicore Renewable Energy Corporation (CREC), a Filipino firm that is calculatedly cementing its stature to become the biggest solar farm developer in the country with its...
Listed firm Alternergy Holdings Corporation is gaining traction on hitting the 500-megawatt scale on its portfolio buildup, with the targeted 2025 completion of its 28MW Solana solar power project in Hermosa, Bataan adding up to its well-calculated capacity growth. The solar farm project which...
Singapore-headquartered Nexif Ratch Energy Investments Pte. Ltd. (NREI) has secured "green lane" certification from the Board of Investments (BOI) that will streamline the permitting processes for its wind and solar projects in the Philippines. According to the company, the green lane endorsement...
China-headquartered Trina Solar, which has suite of businesses on solar photovoltaics (PVs) and energy storage solutions, will be providing solar cell panels to underpin the commercial developments of the solar projects of PetroGreen Energy Corporation (PGEC), the renewable energy investment arm of...
Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the construction of Indonesia's largest ground-mounted solar project. The Leviste-led firm stated that its joint venture partner, Medco Energi (Medco), PT Medcosolar Bali Timur, signed a loan agreement with...
The multi-dimensional green energy investment play of Citicore Renewable Energy Corporation (CREC) in Pangasinan province is taking off with its blueprinted 240-megawatt solar farm to be sited in Binalonan town. To jumpstart the project, the company held its groundbreaking rites this week – and...
MGen Renewable Energy Inc. (MGreen), the renewable energy investment arm of Manila Electric Company (Meralco) ,will be queueing up to P200 billion worth of investments for the gigantic 3,500-megawatt solar farm development that shall be integrated with 4,000-megawatt hours (MWh) of energy storage...
SEOUL – European firm Tractebel Engineering is offering latest innovation on floating substations as technology solution for gigawatt-scale offshore wind farm projects currently being advanced in various energy markets in the Asian region. At the ongoing 2nd Korea Offshore Wind and Hydrogen...
Ayala-led ACEN Corp. has committed P2 billion for green projects in Northern Luzon following successful preferred shares issuance last month. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 11, ACEN said the company has disbursed P1.72 billion for solar projects in Zambales,...
