Sterling and Wilson To Set Up 23-MW Solar PV Plant In The Philippines.
Nov16

Sterling and Wilson To Set Up 23-MW Solar PV Plant In The Philippines.

India’s leading solar power plant construction company, Sterling and Wilson, has bagged a contract from Sindicatum Renewable Energy of Singapore, to set up a 23 MW solar PV plant in the Clark region of The Philippines. With this contract, Sterling and Wilson, a company of the Shapoorji Pollonji group, has a order book of 101 MW in the Philippines. Sindicatum Renewable Energy, the leading Singapore-headquartered Asian clean energy...

Read More
ADB Signs Financial Support Agreement for Wind Energy Development in PH.
Nov11

ADB Signs Financial Support Agreement for Wind Energy Development in PH.

Asian Development Bank has signed a $20 million finance assistance agreement with EDC Burgos Wind Power Corporation, Eksport Kredit Fonden, and a syndicate of international commercial banks to help support the development of Burgos Wind Farm, the largest wind farm of its kind in the Philippines. In a statement, ADB said other lenders include a syndicate of local commercial bank who have provided local currency debt. According to...

Read More
ERC Has Approved Solar Line.
Oct25

ERC Has Approved Solar Line.

The application of Philippine Solar Farm Leyte Inc. to put up a point-to-point transmission facility that will connect its 30 MW power plant in Ormoc City to the Visayas grid has been approved by the Energy Regulatory Commission. The approval of the point-to-point transmission system was in accordance with the provisions of the Electric Power Industry Reform Act of 2001. ERC approved the facility subject to compliance to certain...

Read More
German Companies Seek Tie-ups For Off-Grid Power Projects in PH.
Oct15

German Companies Seek Tie-ups For Off-Grid Power Projects in PH.

The German-Philippines Chamber of Commerce and Industry said German companies seek local partners to conduct projects of solar power in areas not connected to the main power grid of the Philippines. The chamber said it will organize a networking event aimed at forming partnerships between German and Philippine companies in order to foster technology and know-how transfer. The German efforts are concentrated on developing the...

Read More
Aboitiz Power Unit Secures P10 Billion Fund For Bukidnon Hydro Project.
Sep28

Aboitiz Power Unit Secures P10 Billion Fund For Bukidnon Hydro Project.

Aboitiz Power subsidiary Hedcor Bukidnon has secured a P10 billion load to finance the development of its hydroelectric power generation facility in Bukidnon province. Hedcor Bukidnon, Inc. obtained loans and credit accommodations from a consortium of lender-banks in the amount of up to P10 billion. The loan will be used to finance the development, construction, operation and maintenance of its 68.8-MW hydroelectric power generation...

Read More
Conergy To Construct 18 MW Solar Plant for Monte Solar Energy in Philippines.
Sep25

Conergy To Construct 18 MW Solar Plant for Monte Solar Energy in Philippines.

German-based photovoltaic solution and service provider Conergy has entered into an agreement with Monte Solar Energy, a joint venture between AC Energy Holdings and Bronzeoak Philippines to put up an 18 megawatt (MWp) solar power plant in Bais, Negros Occidental. Under the agreement, Conergy will design and engineer the construction of the plant. Located in Bais, the solar farm will occupy a land area of 213,292m2. Conergy will be...

Read More