Philippines approves 24 bidders for 2 GW renewables auction
The Green Energy Auction Bids Evaluation and Awards Committee (GEA-BEAC) of the Philippines' Department of Energy (DOE) has authorized 24 bidders to compete in an auction to allocate 2 GW of renewable energy capacity it launched in January.
A new renewable energy auction, according to the ministry, will take place in 2023. Developers that did not qualify for the previous auction can file their project proposals in the next round.
The government wants to contract 1,260 MW of solar, 380 MW of wind, 230 MW of biomass, and 130 MW of hydropower. The province of Luzon is estimated to receive around 900 MW, while the provinces of Visayas and Mindanao are anticipated to receive 260 MW and 100 MW, respectively.
Country updates
-
-
June 16, 2022
Prime Infrastructure Holding plans to build 3.5 GW solar-with-energy storage project in the Philippines
Prime Infrastructure Holdings Inc. has announced its plans to build a 3.5 GW solar-with-energy storage project in the Philippines. The energy storage system will have a capacity of up to 4...
Read more -
June 14, 2022
NGCP to build US$48m transmission project in the Philippines
The National Grid Corporation of the Philippines (NGCP) will construct a new 230 kV transmission project to handle power from a new coal-fired power station in Mindanao, Philippines. The NGCP ha...
Read more -
June 02, 2022
Aboitiz Power selects EPC contractor for 159 MW solar projects in Philippines
Hansei Corporation and Sumec have been selected to deliver the engineering, procurement, and construction (EPC) contract for the development of the 159 MWp solar photovoltaic projects in the...
Read more -
June 01, 2022
Aboitiz Power hires Hansei Corp and Sumec to build 159 MWp solar projects in Laoag
Aboitiz Power Corporation has hired Hansei Corporation and Sumec Complete Equipment and Engineering Co to deliver the engineering, procurement, and construction (EPC) contract for the develo...
Read more -
April 29, 2022
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.
Read more
