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Philippines utility Meralco injects US$8.2 million into 210MW of solar
Philippines utility Meralco has sunk PHP424 million (US$8.2 million) of equity funding into its renewables subsidiary, MGreen, to support 210MW of solar projects.   The solar projects are estimated to have a total project cost of PHP10.01 billion (US$193 million).   The plants will be spread across Luzon, the country's largest island, including some in Meralco's franchise area, according to a company statement published by local media.   The move will bring the Philippines' largest utility closer to its target of installing 1GW of renewable energy projects over the next five to seven years.   The financing announcement comes just weeks after Meralco unveiled a 2MW/2MWh battery energy storage system on Luzon.   Two 1MW lithium BESS units comprising 2,300 cells were reportedly unveiled on 6 September and will serve as a pilot for the national utility to understand and integrate more battery systems. The system is connected to a substation which feeds into a 3.8MW solar farm.
Oct 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Asia, Philippines, Meralco, manila, battery energy storage systems bess, mgreen
Shell, Nickel Asia JV eyes as much as 3 GW of renewables in the Philippines
to discover synergies with retail electrical energy distributor Shell Energy Philippines Inc. "This Shell-EPI collaboration will take advantage of on Shell's
Jul 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Philippines, shell, Nickel Asia
The Philippines readied to massively increase solar capacity, project pipe grows 10-fold in a year
which has actually additionally modified down its coal forecast for the Philippines amid domestic opposition, said the market's project pipeline for large-scale
Apr 8, 2022 // Markets & Finance News, Asia, Philippines, fitch solutions, coal, large-scale solar, pipeline
AC Energy, ib vogt to Set up 300 MWdc Solar Projects in the Philippines
part of a joint endeavor with ib vogt Singapore Pte Ltd. in to increase the Philippines' solar capacity. ib vogt GmbH focusses on establishing as well as providing
Aug 30, 2021 // Plants, Asia, ib vogt, Singapore, AC Energy Corporation, ACEN, Philippine Stock Exchange, PSE
Seraphim Signs Agreement to Supply 183 MW Modules to Philippines
connection as well as allowing us to preserve our leading setting in the Philippines market," claimed Polaris Li, head of state of Seraphim. "We aim to sustain the
May 12, 2020 // Manufacturing News, Markets & Finance News, Asia, Philippines, solar modules, seraphim, International, Polaris Li, Jonathan Kan
Levanta wins 166-MWp solar-storage award in Philippines GEA-4 auction round
company of UK investment firm Actis, has emerged among the winners of the Philippines’ fourth Green Energy Auction (GEA-4) with a 166-MWp solar project that
Oct 14, 2025 // Plants, Large-Scale, Commercial, Asia, Philippines, Levanta Renewables
ACEN Powers Up Philippines first Hybrid Solar-Storage Plant
actually activated the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project found in Alaminos, Laguna, will
Feb 24, 2022 // Plants, Storage, Asia, Philippines, ACEN, Alaminos solar farm, Eric Francia, Jose Maria Zabaleta
Citicore Scores 1.2 GW Solar, Storage in Philippines
Renewable Energy Corp has secured 1,212 MW of capacity in the Philippines’ fourth Green Energy Auction (GEA-4), covering utility-scale solar and battery
Nov 13, 2025 // Large-Scale, Commercial, Markets & Finance News, Storage, Asia, Philippines, Citicore
BayWa r.e. continues Asia-Pacific expansion and has launched a new solar system distribution business in the Philippines
time and has already supplied components for a 600 kW rooftop PV system in the Philippines from its branch in Thailand. The new sales location in the Greater Manila area
Nov 21, 2019 // Markets & Finance News, Rooftop PV, Germany, Europe, Asia, Philippines, BayWa r.e. Renewable Energy, Daniel Gäfke
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines
Sector in Rural Off-Grid Electrification " This tender is unique for the Philippines. It is the first time in background that smart as well as clean microgrids
Sep 9, 2022 // Markets & Finance News, Archipelago Renewables Corporation, Clean Grid Partners, Maharlika Clean Power Holdings, Maharlika Consortium, Palawan Electric Cooperative, special purpose vehicle, WEnergy Global
PetroGreen Powers Up 25MW Solar Project in Philippines
Energy Corp, a renewable power producer based in the Philippines, has been given clearance by the municipal government of Bugallon in Pangasinan province to
Dec 4, 2023 // Plants, Large-Scale, Commercial, Asia, Philippines, PV Power Plant, PetroGreen
Aquavoltaics in the Philippines
have access to electricity. The island is the largest seaweed supplier in the Philippines, accounting for 70% of total production. Mutual benefits
Aug 13, 2019 // Technology, Markets & Finance News, Storage, Floating PV, USA, tender, floating PV, United Nations Industrial Development Organization, Philippines, RETS, MinDA, hybrid systems
Philippines Auction Draws 9.4GW, Underscoring Solar Investment Appetite This Year
piled into the Philippines’ newest green energy auction, submitting subscriptions totaling 9.4 GW across technologies against a 10.65-GW target. Solar
Sep 8, 2025 // Markets & Finance News, Storage, Policy, Asia, auction, Philippines, capacity
ACEN to acquire owner of 60-MWp solar park in the Philippines
time. Its site shows that it now has 3.7 GW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia, with an eco-friendly share of
Dec 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Philippines, Solar Park, ACEN
Meralco, Vena break ground on 68-MW solar project in the Philippines
Its goal for the next seven years is to have 1,500 MW of capacity. The Philippines has set a goal of achieving a renewable energy share of 35% by 2030 and also
Aug 25, 2022 // Plants, Large-Scale, Commercial, Asia, Philippines, Meralco, Solar Project, Vena break