Acen plans investment in 80 MW Malaysian solar package
Philippines-based energy company Acen Corporation is preparing to sign off on a $20 million investment in multiple solar PV projects with a combined capacity of about 80 MW in Malaysia as part of its joint venture with a unit of German solar developer ib vogt.
Gurin Energy completes 75 MW PV project in Philippines
The ground-mounted 75 MW project features more than 136,000 solar panels deployed across an 80-hectare site. Retail electricity units belonging to Philippine power company AboitizPower will offtake the energy produced.
Masdar makes 1 GW move into Philippines power market
United Arab Emirates-based renewable energy company Masdar has announced its entry into the Philippines market, revealing plans to develop 1 GW of clean energy projects in the Southeast Asian nation by the end of the decade.
World’s largest 3.5 GW Terra solar project breaks ground in the Philippines
Phillippines renewable energy companies have broken ground on the 3.5 GW Terra Solar and 4.5 GWh battery storage project, tipped to be the world’s largest integrated solar and battery facility.
Philippines may terminate 50-plus solar projects for missing deadlines
The Philippines’ Department of Energy says that at least 105 renewable energy projects, including 53 solar projects, face termination for failing to comply with timelines.
NRE presses go on 145 MW Philippines project
Nexif Ratch Energy, a renewable energy-focused platform in Southeast Asia and Australia, has reached financial close on the 145 MWp solar farm being developed in the Philippines.
Australian-backed Philippines lithium battery factory targets 2 GWh capacity
An Australian-funded lithium iron phosphate battery manufacturing plant in the gigafactory has hit go on the Philippine’s first purpose-built battery production line, which is expected to generate an output of 2 GWh of capacity by 2030.
Investment giants advance move into APAC renewables market
Global investment firm Patrizia and Japanese trading and investment giant Mitsui have continued their push into the Asia Pacific renewable energy market, acquiring an interest in Philippines-based rooftop solar developer BEI.
Actis invests in 3.5 GW / 4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW / 4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion.
Philippines fast-tracks world’s largest solar park with green lane certificate
The Board of Investments of the Philippines has granted a green lane certificate to a solar project that is being touted as the largest in the world to date. The accreditation will facilitate easier approval and processing of permits.
