AC Energy hikes stake in Ilocos wind farms
AYALA Group’s AC Energy Corp. on Wednesday announced its increased ownership in three wind farms in Ilocos province as part of the company’s efforts to boost its renewables attributable capacity.
ACEN in acquisition binge, buys out partners in RE projects
AC Energy Corp. (Acen) is buying out more assets from partner UPC Group, with P5.6 billion worth of transactions related to the latter’s interest in three wind farms in the Philippines.
Shift to renewable energy in Southeast Asia is patchy – IPCC
As the Intergovernmental Panel on Climate Change (IPCC) found in its latest report, Southeast Asia faces rising sea levels, heat waves, violent storms and reduced river flows due to reservoir construction and water extraction.
Indonesia seeks Japanese investment in three renewable energy projects
Jakarta (ANTARA) – The Indonesian Government has sought investments for three renewable energy projects at the 2nd Indonesia-Japan Business Forum (IJBF), Indonesian Ambassador to Japan Heri Akhmadi said in a statement received here on Wednesday
Malaysian power group buys into Northumberland offshore wind project
A south-east Asian energy giant has bought a near-half share in a demonstrator wind farm off the coast of Northumberland.
Gov’t eyes closure of coal-fired power plants in Mindanao
MANILA – The government plans to close coal-fired power plants in Mindanao once it finds the financing needed to improve the generating capacity of Agus-Pulangi hydropower plant, a move aimed to help address climate change.
Converge taps First Gen to provide clean power to Manila headquarters
MANILA – Converge ICT Solutions said it has tapped clean power provider First Gen Corp as the tech company switches to 100 percent renewable energy for its main office in Pasig City.
PH should seize ‘renewables boom’ in Asia, says COP26 envoy
MANILA, Philippines — A faster transition to renewable energy sources could present an opportunity for investments in the Philippines, as it works to recover from the COVID-19 pandemic, according to an envoy for the upcoming United Nations climate change conference.
