The Philippines’ Department of Energy hopes to allocate 1,260 MW of solar through the procurement exercise.
The first 20MW/20MWh battery energy storage system in the 470MW/470MWh portfolio Fluence is deploying for Filipino conglomerate San Miguel Corp has started serving the island nation’s electricity network.
The Philippines arm of Australian renewable developer Maoneng has completed a 202.4 kWp installation on the rooftop of the Wesleyan University Philippines.
The list of the eligible renewable energy producers also includes 36 hydropower facilities totalling 412.8MW, 36 biomass schemes with an aggregate capacity of 264.8MW, seven wind farms with a total power of 409.9MW, and six geothermal power plants totalling 218.5MW.
Filipino conglomerate San Miguel Corp aims to complete 1GW of battery storage projects this year to make way for the integration of some 3GW of intermittent renewable energy generation.
The solar park is part of a 1GW portfolio of unsubsidised PV projects. Completion is scheduled for 2023.
Solar Philippines will tap stock market investors to back the first section of a solar project in Luzon it says will eventually be the largest in the region.
Makati-based Solar Philippines has said it saw the potential of solar six years and is now aiming to help other companies accelerate the nation’s energy transition.
Corporate power purchase agreements are the second most adopted purchasing method in the world, and they’re growing fast. With the U.S. and Europe picking up the pace in the last year, the Asia Pacific is not going to be left behind, with Wood Mackenzie estimating corporate PPAs in the region doubled in the last year.
PH Renewables, Inc. (PHRI), a subsidiary of Global Business Power Corporation (GBP), which is itself part of the Philippines power utility Manila Electric Company (Meralco), has begun construction on a 115 MW solar park in Rizal, Luzon.
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