The Philippines has awarded 10.19GW of new energy capacity in its fourth auction round, with solar accounting for more than 6GW of capacity.
Philippines'' solar-plus-storage auction awarded 9.4 GW, falling short of its 10.6 GW goal, yet sets the stage for future renewable energy growth.
The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable
Given the limited scale of solar in the Philippines, it is perhaps surprising that there are plans to develop one of the world''s biggest combined PV and energy storage projects in the...
A large-scale solar and battery energy storage project in the Philippines is moving forward faster than expected, with 54% of the first phase completed just eight months after construction began.
Meralco PowerGen Corp. (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has formally closed a record P150-billion syndicated loan to finance the world''s
UK investment firm Actis has finalised its investment in Terra Solar Philippines Inc, thus taking an equity stake in a GW-scale solar and energy storage project in a deal worth USD 600
This ambitious project underscores the commitment of both Chinese and Philippine entities to advance renewable energy infrastructure and promote sustainable development in the region.
The transaction represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines and will see Actis bring its rich experience in contracting,
The Philippines is targeting an additional 1,100 MW of solar capacity equipped with energy storage under GEA-4. The solar and BESS projects are expected to enhance grid reliability
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