The Department of Energy (DOE) is anticipating a total of 19,190 megawatts (MW) worth of energy projects from 2025 to 2030, spanning across non-renewable and renewable energy (RE).These capacities projected by the DOE would help meet the country’s rising power demand and further support economic...
Ayala-led ACEN Corporation, through its wholly-owned subsidiary ACEN Australia, has secured access to the Central West-Orana Renewable Energy Zone (CWO REZ) for its wind, solar, and battery storage projects in New South Wales, which will connect to a transmission infrastructure. In a disclosure to...
Aboitiz Power Corporation announced that its subsidiary has broken ground on a hybrid battery energy storage system (BESS) project integrated into its oil-fired power facility in Agusan del Norte.In a statement on Tuesday, April 22, AboitizPower's unit, Therma Marine, Inc. (TMI), said it commenced...
Despite President Donald Trump’s recent executive order (EO) to withdraw the United States (US) from the Paris Agreement, energy stakeholders in the Philippines believe his current policies will have minimal impact on renewable energy (RE) growth in Asia.During the Renewable Energy Forum 2025 on...
SN Aboitiz Power (SNAP), the Aboitiz group's renewable energy (RE) provider, has begun construction of Benguet's first battery energy storage system (BESS) facility.In a statement on Tuesday, March 25, SNAP announced the groundbreaking of the 40-megawatt (MW) Binga BESS project, located at the Binga...
Renewable energy (RE) developer SN Aboitiz Power Group (SNAP) has acquired funding from local banks to expand its battery energy storage systems (BESS) in Isabela and Benguet.In a disclosure to the Philippine Stock Exchange on Tuesday, Feb. 18, SNAP reported that it has secured financing from...
The Department of Agriculture (DA) said it will build 99 cold storage facilities starting this year to extend the shelf life of fruits, vegetables, and high-value crops, ensuring supply and price stability.In a statement, Agriculture Secretary Francisco P. Tiu Laurel Jr. siad the facilities will be...
The Philippine Solar and Storage Energy Alliance (PSSEA) said the solar energy industry is forecasted to expand further this year amid rapid pace of installation, helping the country reach its decarbonization goals.In a statement, the PSSEA noted the global rise of solar installations is anticipated...
Pangilinan-led conglomerate Metro Pacific Investments Corporation (MPIC) is selling its 50 percent stake in Philippine Coastal Storage & Pipeline Corporation (PCSPC) for about $255 million (P14.55 billion).In a statement, MPIC said it has entered into a definitive agreement to sell its stake in...
A unit of the Frabelle Group of Companies has opened a new refrigerated warehouse in the Navotas Fishport complex amid growing demand for cold storage facilities in the food industry. In a statement, FG Cold Storage Corp. announced that the P755-million facility has a capacity of 7,200 pallet...
While not exactly turning its back on fossil fuel-based conventional technologies, Alcantara-led Alsons Power Group will be pursuing wider diversification on its power generation portfolio by focusing its next investment on utility scale solar farm installation that will have energy storage...
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...
