Philippines

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.

The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.

The increasing role of pumped hydro technology in Australia’s renewable energy transition is expected to be mirrored in the neighbouring Southeast Asia region with international consultancy Rystad Energy tipping the total capacity of operational projects will surge from the current 2.3 GW to 18 GW by 2033.

Ibrahim Ariffin and JP Grayda, from Afry Management Consulting, examine two promising ASEAN markets, the Philippines and Malaysia, and the challenges they face as they strive to hit renewable energy targets. The long-term outlook is broadly positive, despite some uncertainties.

Development of an 800 mw / 9,600 MWh pumped hydro project within the New South Wales government’s Central-West Orana Renewable Energy Zone is advancing with renewables company Acen Australia announcing it has started geological works on site.

Both active in the Australian renewables market, Philippines-based energy company ACEN has partnered with United States-headquartered producer BrightNight to develop the latter’s 1 GW renewable power portfolio in the Philippines.

ACEN Australia and Marubeni Asian Power Singapore have struck a deal to jointly develop a 200 MW / 400 MWh battery energy storage system alongside ACEN’s multi-stage 720 MW New England solar project being constructed in regional New South Wales.

Philippines-based energy company ACEN Corporation has secured a $150 million funding package that will bolster its plans to deliver a 9 GW portfolio of solar, wind, battery storage and pumped hydro projects in Australia.

The Philippines Board of Investments (BOI) has granted a green lane certificate to a 65 MW ground-mount solar power plant, set to become operational in September 2026.

Solar Philippines says it has broken ground on what it touted to be the world’s largest solar array – a 4 GW solar park spread across 3,500 hectares of land in the northern part of the country.