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Solar PPAs surging in Southeast Asia

Malakoff and MMC Group have agreed to deploy 500 MW of solar in Malaysia, while Citicore has agreed to supply 7.5 MW of solar to utility Clark Electric Distribution Corp. in the Philippines.


Philippines to build new 100 MW floating solar power farm

Zonal Renewables plans to construct a new 100 MW floating solar project on a 90-hectare fishpond in the Philippines, in Cadiz, Negros Occidental province.


Southeast Asia has technical potential to deploy over 1 TW of floating PV

A group of researchers from the US National Renewable Energy Laboratory assessed the potential for floating PV (FPV) plants at reservoirs and natural waterbodies in 10 Southeast Asian countries. It found that the overall FPV technical potential for the region ranges from 477 GW to 1,046 GW.


Acen plans 1 GW of floating solar in Philippines

Acen, a unit of Ayala Group, says it plans to develop 1 GW of floating solar on the largest freshwater lake in the Philippines.

Philippines allocates 1.97 GW of PV capacity in renewables auction

Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.

The Hydrogen Stream: Lhyfe launches world’s first offshore hydrogen project

Lhyfe has started producing offshore hydrogen via a pilot project in France, and Toyota and its partners have agreed to invest in hydrogen in Thailand. The Australian authorities, meanwhile, have approved a hydrogen project in Victoria.

Southeast Asia solar markets set for growth this year

New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.


Philippines publishes list of qualified bidders for 11.6 GW renewables auction

The government of the Philippines is set to hold the country’s second renewables auction on June 19.


MPIC becomes largest shareholder of Solar Phillippines

Metro Pacific Investments Corp. (MPIC) has acquired a 42.82% stake in Solar Philippines Nueva Ecija Corp. (SPNEC) for PHP 24 billion ($430.6 million).


San Miguel edges closer to delivering 1 GW battery fleet in Philippines

San Miguel, which is now behind on its original plan to deliver a 1 GW/1 GWh fleet of battery energy storage systems (BESS) by the end of 2022, continues to roll out big batteries across 32 sites in the Philippines, in order to integrate up to 5 GW of renewables into the island nation’s grid.


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