SMC Global to build 600 MW LNG project in Philippines
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has announced to build a 600 MW liquefied natural gas (LNG) project located in Lapu-Lapu City, on Mactan Island, Cebu City, Philippines.
The project will cost between US$1.5 million and US$1.7 million per MW or a total of US$900 million to US$1.2 billion. The power plant will be built in a leased 26.16-hectare area leased from Keppel Cebu Shipyard Land, Inc. and the National Development Company.
Construction of the plant would take around five years beginning in the third quarter of the year while testing and commissioning are scheduled for the fourth quarter of 2023. Commercial operations are slated for the second quarter of 2024.
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November 09, 2021
Construction works start at 283 MW solar project in Philippines
AC Energy Corp, a unit of Ayala Corporation, has started the construction of its 283 MW solar photovoltaic project in the municipality of San Marcelino in Zambales, Philippines.
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February 12, 2020
975 MW of solar and wind planned in the Philippines
The Aboitiz Power Corporation (AboitizPower) in the Philippines plans to construct close to 1000 megawatt (MW) solar and wind energy facilities in the Philippine province of Pangasinan.
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October 25, 2018
Tender launched for US$2 billion LNG project in the Philippines
The Philippine National Oil Company (PNOC) is seeking a joint-venture partner to design, build, finance, operate and maintain a liquefied natural gas (LNG) hub in Batangas Bay, located in Batangas province on the Luzon island of the Philippines. The project could cost up to US$2 billion.
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August 28, 2018
AboitizPower to expand 750 MW geothermal complex in the Philippines
AP Renewables, Inc. (APRI), a wholly-owned subsidiary of AboitizPower, has signed a Geothermal Resources Supply and Services Agreement (GRSSA) with the Philippine Geothermal Production Company, Inc. (PGPC) to expand the Tiwi and MakBan Geothermal Complex, which has an installed capacity of nearly 750 MW.
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June 20, 2018
SK E&C intends to develop US$2 billion coal-fired power project in the Philippines
SK Engineering & Construction (SKE&C), subsidiary of South Korean conglomerate SK Group, has signed a Letter of Intent (LOI) with the Government of the Philippines to build two 600 MW coal-fired power plants on Luzon island at an estimated cost of KRW2.2 trillion (US$1.98 billion).
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