Philippines gets its first EV battery plant
President Ferdinand Marcos Jr. of the Philippines has officially inaugurated the country’s first electric vehicle battery factory, hailing it as a significant step towards a cleaner energy future. This milestone event, which took place on Monday, marks a pivotal moment in the Philippines’ journey towards sustainable energy and advanced manufacturing.
Philippine government aims to secure USD 250m for geothermal derisking facility
The Philippine Department of Energy is working to secure USD 250 million to fund a de-risking facility for geothermal projects in the pre-development stage.
ACEN, GenZero, Keppel Unite To Decommission Philippine Coal Plant And Boost Renewable Energy
ACEN, GenZero, and Keppel Corporation have signed a Memorandum of Understanding (MOU) to explore the development and utilization of Transition Credits (TCs) to fast-track the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, Philippines. The collaboration aims to replace the coal plant with a renewable energy facility, marking […]
Philippines to Repurpose Three Ports for Offshore Wind Projects
The Department of Energy of the Republic of the Philippines (DOE) and the Philippine Ports Authority (PPA) have jointly announced the repurposing of three strategic ports to support the country’s growing offshore wind industry.
Korean gov’t agency tapped for New Clark City dev’t opportunities
The Bases Conversion and Development Authority (BCDA) has signed a memorandum of understanding (MOU) with Korean government agency National Agency for Administrative City Construction (NAACC) to promote knowledge sharing and explore collaboration opportunities in the fields of urban planning, smart cities development, green energy, and smart administrative systems for the development of the 9,450-hectare New […]
Danish Firm Opens Philippine Office, Eyes Further Renewable Investments
Renewable energy investor Copenhagen Infrastructure Partners (CIP) has opened an office in Manila, Philippines, as it aims to help the country develop its vast renewable sources.
Sustainable future with solar
The Philippines recently achieved a significant milestone in its renewable energy (RE) transition with a landmark $600-million investment deal from Actis, a leading UK-based sustainable infrastructure investor, for the Terra Solar project.
DOE: Battery Energy Storage Systems are gaining momentum to optimize RE integration
The Department of Energy (DOE) said that the Philippines is exploring innovative solutions to optimize renewable energy integration and reduce costs, with Battery Energy Storage Systems (BESS) emerging as a key technology gaining momentum.
