Mitsui & Co, Global Business Power to build 115 MW solar PV project in Rizal
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.
Country updates
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May 24, 2021
AC Energy starts construction of 160 MW wind project in Pagudpud
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...
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May 17, 2021
Approval for 500 MW Integrated Natural Gas-Fired Power Plant and LNG Storage and Regasification Terminal Project in Batangas
The 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...
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May 17, 2021
PSALM selects Fort Pillar Energy as preferred bidder for 650 MW Malaya Thermal Power Plant (MTPP) tender
Philippine'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...
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May 06, 2021
National Power Corporation launches solar-diesel hybrid
State-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...
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April 08, 2021
GIC Private Limited completes private placement in AC Energy Corporation
GIC 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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