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.
ACEN to triple its investment in Australian renewables to $6 billion
Philippines-based AC Energy Corporation (ACEN) has confirmed plans to up its investment in Australia over the next three years to $6 billion (USD 3.86 billion). The company has been highly active in the Australian market this year, and with its increased investment is seeking to bring a further 3 GW of new renewable capacity online.
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 eyes company first with 1 GW floating solar project
Energy giant ACEN Corporation plans to develop a large-scale floating solar project that will add up to 1 GW of power capacity to its renewable energy portfolio after securing access to 800 hectares of water surface area on the Philippines’ Laguna Lake.
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.
St Baker to build 1.2 GWh battery plant in Philippines
The founder and deputy chair of Australian-based investment firm St Baker Energy Innovation Fund plans to establish a lithium-ion phosphate battery manufacturing plant in the Philippines with annual production capacity of 1.2 GWh by the end of the decade.
Traditional owners team with ACEN to target 3 GW of renewables
The traditional owners of Yindjibarndi lands in Western Australia have struck a deal with Philippines-based energy giant ACEN Corporation to develop more than 3 GW of wind, solar and battery storage in the state’s Pilbara region.
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.
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.
