Philippines seeks consultants for 7 MW solar project
Philippine National Oil Co. is searching for a consultant to complete a feasibility study for a 7 MW solar project on a canal in northeastern Luzon. The deadline for applications is July 15.
Indonesia’s Pertamina secures 20% stake in Citicore Renewables
Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.
Philippines reveals timeline for 10 GW renewables auction
The Philippines government has kicked off its fourth green energy auction (GEA-4), targeting more than 10 GW of solar and wind capacity.
Philippines plans third microgrid auction
The Philippines plans to launch its third microgrid auction by late June, offering at least 71 lots across 167 unserved and underserved areas.
Gstar launches solar cell, module production in the Philippines
Gstar has completed the first phase of its factory in the Philippines, set to produce 1 GW of solar modules and 1.5 GW of solar cells. The Singapore-based solar manufacturer says a planned second phase will take its solar module nameplate capacity to 2 GW.
Philippine province approves 300 MW of solar
The provincial board of Ilcos Norte in the Philippines has approved the development of a 300 MW solar farm. Manila-headquartered Opus Solar Enery Corp. will develop the project.
Actis closes $600 million investment in Philippines’ MTerra Solar
Actis has finalized a $600 million investment in Terra Solar Philippines Inc. (MTerra Solar), partnering with MGEN Renewable Energy Inc. (MGreen) and its subsidiary, SP New Energy Corp. (SPNEC), to expand renewables in the Philippines.
Philippines issues terms for renewables auction with storage
Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country’s upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
Gurīn Energy completes 75 MW solar project in the Philippines
The ground-mounted 75 MW project features over 136,000 solar panels deployed across a 80-hectare site. Retail electricity units belonging to Philippine power company AboitizPower will offtake the energy produced.
Philippines banks on solar
Reforms over the past three years have lifted restrictions on foreign investment and sped up the permitting process for solar projects in the Philippines. As the government banks on renewables to drive the rapid expansion of power production, challenges remain for local project developers. Neil Ford reports.
