Aboitiz Power Corporation (AboitizPower) is planning to build a 74 MW solar power facility located in Cayanga, in the town of Bugallon, about 13 kilometers southwest of the provincial capital of Lingayen, province of Pangasinan, Philippines.
The project recently received board approval and is now in the development stage.
The construction of the project is expected to start by the second half of 2021, and the project will be operational before the end of 2022.
FGP Corp., the subsidiary of First Gen Corporation, has secured a US$308 million that will mature in six years with local and foreign banks to repay its existing debt. The loan facility will be...
Read moreJapanese trading house Mitsui & Co. is partnering with Philippine utility Global Business Power to build a 115 MW solar photovoltaic project, that will be built in the northern province...
Read moreAC Energy Corporation has started the construction of the 160 MW Balaoi & Caunayan wind farm project in Pagudpud, Ilocos Norte. The Php11.4 billion (US$237.89 million) wind farm is AC...
Read moreThe Department of Energy (DOE) has approved the Notice to Proceed (NTP) application of Vires Energy Corporation (VEC) for the development of their proposed Integrated Natural Gas-Fired Power Plant and...
Read morePhilippine's Power Sector Assets and Liabilities Management Corporation (PSALM) has declared Fort Pilar Energy Inc. as the winning negotiating party for the privatization of the 650-meg...
Read more