Japanese 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 of Rizal, Philippines.
The project represents about JPY7 billion (US$64.39 million) of investment and is expected to be operational by March 2022. Manila Electric will purchase the energy produced from the plant.
AC 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 moreState-run National Power Corporation (NPC) discloses its plans on building four more solar photovoltaic-diesel hybrid in its Small Power Utilities Group (SPUG) plants located in far-flung villages and...
Read moreGIC Private Limited (GIC), through its affiliate Arran Investment Pte Ltd, has completed the subscription of four billion primary shares via a private placement of AC Energy Corporation. T...
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