Philippines introduces priority dispatch for renewables, opens market to 100% foreign investments
The government of the Philippines has introduced a new preferential dispatch policy for renewable energy in the country’s wholesale electricity spot market. It has also started to amend the Renewable Energy Act to remove a 40% ownership cap on foreign investments in clean energy projects.
In Asean nations it’s all about the solar
Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics Irena has estimated it will require to achieve a net zero carbon energy system by 2050.
Philippines to host 1.3 GW floating solar plant
A new 1.3 GW floating PV array in the Philippines will require an investment of around $1.2 billion. Developers Blueleaf Energy and SunAsia said the project will likely be completed and switched on in 2024.
Pumped hydro storage takes shape in the Philippines
Prime Infra recently acquired a 500 MW pumped storage hydropower project in Rizal province in the Philippines. The company is also developing a 1.4 GW facility in the country.
Solar Philippines to build 4 GW solar farm in Nueva Ecija, Bulacan provinces
Solar Philippines, a Manila-based PV module manufacturer and project developer, is looking to secure at least 2,500 hectares of land to expand its 500 MW flagship solar project to 4 GW.
Fish farmed as part of solar-powered irrigation system
A provincial government in the Philippines has installed a solar pump that will move water to a reservoir where fish can now be bred. The $124,000 system will also irrigate vegetables and high-value crops for two farmers’ groups.
Philippines allocates 1.57 GW of solar in 2 GW renewables auction
The main winner of the first renewables auction in the Philippines was developer Solar Philippines Nueva Ecija Corp. (SPNEC), which secured five solar projects, or 1.35 GW of capacity.
Philippines approves 24 bidders for 2 GW renewables auction
Eight of the 24 bidders in the latest renewables auction in the Philippines are focusing on solar, along with eight bidders looking at wind, seven linked to run-of-river hydro, and one connected to biomass.
Prime Infra plans massive 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines
Philippines-based Prime Infrastructure Holdings has unveiled plans to construct a massive solar farm and energy storage project featuring up to 3.5 GW of PV backed by up to 4.5 GWh of battery energy storage in the Southeast Asian nation.
Philippines utility Meralco relaunches 850 MW renewables tender
Meralco has decided to reopen a renewables tender, following its initial failed launch in late January.
