The Philippines needs a cost-effective net metering policy – report
Under the current scheme, rooftop PV remains far below its huge potential in the country. Regulatory, administrative and financial hurdles are preventing more electricity consumers from installing rooftop arrays, as well as the resistance of local utilities.
Philippine utility Meralco receives Southeast Asia’s lowest solar bid
In a tender for 50 MW of solar, local PV module manufacturer and project developer, Solar Philippines submitted a bid of P2.34 (US$0.044) per kWh.
SunPower to shift IBC solar production to new technology
The PV maker plans to shift its 800 MW of E-Series production to its new NGT technology, as it records a massive loss on depreciation of its old equipment. The move was revealed in second-quarter figures featuring plenty of red ink.
Basic Energy buys stake in 2 Thai EPC firms working on 220 MW Myanmar PV project
The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar.
SunPower’s exemption filing strikes to heart of trade dispute
The company, noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
Renewables to drive economic growth in SE Asia — IRENA
The 10 members of the Association of Southeast Asian Nations (ASEAN) are on track to make solar and other renewables account for 23% of the region’s total primary energy supply (TPES) by 2025, but governments will need to create better policy and investment frameworks to make it happen, according to the International Renewable Energy Agency (IRENA).
Solar Philippines bids $0.058/kWh in Meralco price challenge
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
Trump opens the door for specific products, nations to be excluded from tariffs
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Harbor Star to acquire up to 75 MW solar in the Philippines
A subsidiary of Manila-based logistics firm, Harbor Star Shipping Services has agreed to acquire a 60% stake in Astronergy Development Gensan (ADGI), which owns the rights to build a 25 MW solar project in the Philippines.
Ecoprogetti installs 200 MW PV production line in the Philippines
The Italy-based PV equipment manufacturer is soon to finish commissioning of another South-East Asia project, a 20 MW line in Indonesia, by December 2017.
