Acen plans 1 GW of floating solar in Philippines
Acen, a unit of Ayala Group, says it plans to develop 1 GW of floating solar on the largest freshwater lake in the Philippines.
Philippines allocates 1.97 GW of PV capacity in renewables auction
Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.
The Hydrogen Stream: Lhyfe launches world’s first offshore hydrogen project
Lhyfe has started producing offshore hydrogen via a pilot project in France, and Toyota and its partners have agreed to invest in hydrogen in Thailand. The Australian authorities, meanwhile, have approved a hydrogen project in Victoria.
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
Philippines publishes list of qualified bidders for 11.6 GW renewables auction
The government of the Philippines is set to hold the country’s second renewables auction on June 19.
MPIC becomes largest shareholder of Solar Phillippines
Metro Pacific Investments Corp. (MPIC) has acquired a 42.82% stake in Solar Philippines Nueva Ecija Corp. (SPNEC) for PHP 24 billion ($430.6 million).
San Miguel edges closer to delivering 1 GW battery fleet in Philippines
San Miguel, which is now behind on its original plan to deliver a 1 GW/1 GWh fleet of battery energy storage systems (BESS) by the end of 2022, continues to roll out big batteries across 32 sites in the Philippines, in order to integrate up to 5 GW of renewables into the island nation’s grid.
Philippines launches tender for 25 MW solar plant
The Bases Conversion and Development Authority (BCDA) of the Philippines is seeking proposals for the lease of a 37-hectare area for solar deployment in Tarlac province.
Acen Renewables starts building 360 MW of utility-scale solar in Philippines
Acen Renewables, a Manila-based developer, is building two solar plants in the provinces of Pangasinan and Zambales.
The case for flywheel storage in the Philippines
An international research team is assessing the potential of flywheels for renewables storage in the Philippines. They considered the use of a flywheel energy storage system developed by US-based Amber Kinetics.
