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NIA ventures into floating solar power

The National Irrigation Administration has opened its doors for floating solar power in its dams and reservoirs as it aims to increase power production and save agricultural lands......»»

Category: financeSource: philstar philstarJun 13th, 2018

Floating solar power system eyed in Laguna de Bay

Solar Philippines Power Project Holdings is developing a pilot test of a floating photovoltaic (PV) system at the Laguna de Bay in an effort to address scarcity of available land for this renewable.....»»

Category: newsSource:  philippinetimesRelated NewsJun 11th, 2018

Phinma Energy ventures into solar rooftop development

Phinma Energy Corp., the listed power unit of the Phinma Group, is delving deeper into the renewable energy sector as it ventures into solar rooftop development......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2018

AboitizPower ventures into solar rooftops

MANILA, Philippines – Aboitiz Power Corporation (AboitizPower) announced it is entering the solar rooftop business through a new unit called AboitizPower Distributed Energy Incorporated (APX). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, April 2, AboitizPower said it will expand its solar energy portfolio under its Cleanergy ........»»

Category: newsSource:  rapplerRelated NewsApr 2nd, 2018

AC Energy, Vietnam firm partner for biggest solar farm in SE Asia

The power unit of Ayala Corp. has signed engineering, procurement and construction (EPC) contracts and financing documents with the BIM Group of Vietnam for a solar power plant project in Vietnam......»»

Category: financeSource:  philstarRelated NewsAug 14th, 2018

AC Energy signs deal to build solar power plants in Vietnam province

AC Energy, Inc. and its Vietnamese partner have signed an engineering, procurement, and construction (EPC) contract and a financing deal to develop of solar power plants in Vietnam’s Ninh Thuan province, its parent firm Ayala Corp. told the stock exchange on Monday. “We are excited to scale up our development initiatives in Vietnam. We expect […] The post AC Energy signs deal to build solar power plants in Vietnam province appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 13th, 2018

Solar power for PH homes sought

DETAINED Senator Leila de Lima wants all Filipino households to have their own mini-solar power system as a solution to the soaring electricity rates. De Lima filed Senate Bill (SB) No. 1904 seeking to promote the use of renewable energy providing incentives and credit facilities for households utilizing solar power….....»»

Category: newsSource:  journalRelated NewsAug 11th, 2018

Solar PHL plans foray into India

SOLAR PHILIPPINES Power Project Holdings, Inc. expects to seal a deal for its first solar energy project in India within the year......»»

Category: financeSource:  bworldonlineRelated NewsAug 5th, 2018

Solar Philippines offers Meralco its lowest solar power rate

Solar Philippines Tarlac Corp. has offered to sell electricity to Manila Electric Co. (Meralco) at P2.34 per kilowatt-hour (kWh), challenging a previous offer from a competitor at P2.98 per kWh in a move that could become the latest benchmark in pricing solar energy. “The first year is P2.34 [per kWh], and there’s an escalation and […].....»»

Category: newsSource:  bworldonlineRelated NewsAug 1st, 2018

AC Energy looking at more renewable energy ventures

AC Energy Inc., the power business of Ayala Corp., is eyeing more renewable energy ventures overseas to meet its target of 1,000 megawatts of renewable energy projects by 2020, its top official said......»»

Category: financeSource:  philstarRelated NewsJul 31st, 2018

How reliant is the Philippines on renewable energy?

By Christine Joyce S. Castañeda, Senior Researcher Renewable energy resources — which include geothermal, hydropower, biomass, solar and wind — accounted for 25% of the country’s power generation mix. Renewable energy-based facilities generated 23.19 million megawatt-hours (MWh) in 2017, up by 5.5% from 2016’s 21.98 million MWh......»»

Category: newsSource:  bworldonlineRelated NewsJul 31st, 2018

Solar Power Seen as Tool Against Extremism in Sahel

BARCELONA - Grinding poverty and climate change are pushing communities in WestAfrica's Sahel region into the arms of extremist groups like Boko Haram, but providing people with clean energy.....»»

Category: newsSource:  manilanewsRelated NewsJul 18th, 2018

Solar ventures into home devices category with new digibox

Solar Digital Media, a subsidiary of Tieng-led media company Solar Entertainment Corp., has expanded its space in the digital terrestrial television arena with the launch of a new digibox for homes......»»

Category: financeSource:  philstarRelated NewsJun 29th, 2018

SoftBank plans $60-100 bn investment in solar in India: report

Japan’s SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank announced in March it would partner Saudi Arabia on a multi-billion dollar solar project […] The post SoftBank plans $60-100 bn investment in solar in India: report appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 15th, 2018

PH solar power plants among Southeast Asia s top 25

Philippine facilities occupy 10 slots in Southeast Asia's top 25 operational solar power plants, and electricity produced from this technology is expected to triple in four years, according to.....»»

Category: newsSource:  philippinetimesRelated NewsJun 11th, 2018

Solar PHL aims to deliver 24-hour power in 2 towns

SOLAR Philippines Power Project Holdings, Inc. targets to deliver 24 hours of electricity to two towns in Masbate and Cagayan provinces by the end of June as the company expands its initiative to build microgrids in poorly served areas in the Philippines. The post Solar PHL aims to deliver 24-hour power in 2 towns appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 10th, 2018

ADB urged to fund construction of merchant solar power plants

Solar Philippines founder and president Leandro Leviste is urging multilateral and developmental lenders, including the Asian Development Bank (ADB), to finance the construction of merchant solar power plants in order to unlock the full potential of competition in the country’s power sector......»»

Category: financeSource:  philstarRelated NewsJun 9th, 2018

RCI may revive plans for solar power plant

ROXAS and Company, Inc. (RCI) may revisit its plan of building a 50-megawatt solar power plant some time this year, a top official said. “We revisit it once or twice a year. So toward the third quarter, we can look at it and see if we should consider it or if we will again (delay),” […] The post RCI may revive plans for solar power plant appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 27th, 2018

Legarda: Heed example set by Masbate

Sen. Loren Legarda lauded the now coal-free province of Masbate for banning the development and operation of coal-fired power plants. Legarda said Masbate Provincial Board Resolution No. 096-18 would reduce harmful emissions, promote renewable energy and safeguard the environment and people's health. "I commend these enlightened local government units," Legarda said. "I urge all other provinces to follow suit," said Legarda, chair of the Senate committee on climate change. Masbate has joined an elite club of provinces that is ditching coal in favor or renewable energy like solar, wind and hydropower. The other four provinces that banned the use of coal-powered energy proje...Keep on reading: Legarda: Heed example set by Masbate.....»»

Category: newsSource:  inquirerRelated NewsMay 26th, 2018

Meralco, AboitizPower keen on New Clark City ventures

Manila Electric Co. and Aboitiz Power Corp. are keen on investing in a new distribution utility in partnership with the Bases Conversion and Development Authority for New Clark City, touted as the next growth center in Luzon......»»

Category: financeSource:  philstarRelated NewsMay 25th, 2018

Ayala unit buys stake in Aussie power firm

The country's oldest business house Ayala Corp. is debuting in Australia's renewable energy space through a joint venture with international renewable energy developer UPC Renewables on a 4,600-megawatt (MW) energy portfolio in the continent. Through wholly owned unit AC Energy, the group is investing $30 million for a 50-percent ownership in UPC's Australian business. The local conglomerate has also committed a $200-million facility to fund project equity. UPC Renewables Australia is developing the 1,000-MW Robbins Island and Jims Plain projects in North West Tasmania and the 600-MW New England Solar Farm located near Uralla in New South Wales. It has a further development portfol...Keep on reading: Ayala unit buys stake in Aussie power firm.....»»

Category: newsSource:  inquirerRelated NewsMay 23rd, 2018