ACEN secures P13.7 billion funding for Batangas power plant
ACEN Corp. has secured up to P13.7-billion in energy transition financing with the Bank of Philippine Islands (BPI) and Rizal Commercial Banking Corp. (RCBC) for its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas.
ACEN’s Batangas coal plant to shift to clean technology
ACEN Corp., the energy platform of the Ayala Group, is set to pursue the Energy Transition Mechanism (ETM) to convert its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas to cleaner technology.
ACWA Power, PTT Public Company Limited and Electricity Generating Authority of Thailand set to support Thailand’s decarbonisation aspiration
Riyadh, Saudi Arabia/ Bangkok, Thailand: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide; PTT Public Company Limited (PTT), Thailand’s national integrated energy company; and Electricity Generating Authority of Thailand (EGAT), an electric power related state-owned enterprise which aims to secure the power reliability under the […]
ADB-backed National Solar Park adds 60MW to Cambodia’s grid
PHNOM PENH – A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB).
Adequate energy storage needed to prevent crisis: PGN
Adequate energy storage is necessary to prevent an energy crisis as the one that Europe is currently experiencing, president commissioner of state-run PT Perusahaan Gas Negara Tbk (PGN), Arcandra Tahar, has said.
ADNOC to supply FSU for AG&P’s Philippines LNG import terminal
ADNOC L&S will supply, as well as operate and maintain the vessel named ISH, a 137,512 cubic metre (cm) FSU for the project in Batangas Bay. The FSU is being chartered for 11 years with an option to extend by another four years.
Aim to become world-class geothermal electricity producer: Pertamina
Jakarta (ANTARA) – State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.
Alternergy, Shell partner to jointly develop offshore wind potential in Philippines
Renewable energy company Alternergy Holdings Corp. and Shell Overseas Investment B.V. have forged a partnership to jointly explore and develop the country’s offshore wind energy potential.
Another Gigawatt-Scale Wind Project Emerges Offshore Philippines
The Blue Circle and its partner CleanTech Global Renewables, Inc. have signed their first wind energy service contract for an offshore wind project in the Philippines – the 1.2 GW project in Bulalacao, Oriental Mindoro.
Another Japanese giant exits Myanmar
Japanese energy company Eneos is the latest player to pull out of Myanmar’s upstream oil and gas industry, announcing on Friday that it was exiting the producing Yetagun gas project in response to “social issues”, amid criticism that the project’s revenues are flowing to the nation’s military junta.