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Philippines launches $3.4 billion MTerra solar project

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The Government of the Philippines has initiated the MTerra Solar Project in Nueva Ecija and Bulacan, with an investment of $3.4 billion.  The project aims to generate 4,500 MWh of energy, supplying electricity to approximately 2.4 million homes by 2027.  This initiative is a collaboration between Terra Solar Philippines, Meralco PowerGen Corporation (MGEN), and SP New Energy Corporation (SPNEC).  It is expected to reduce carbon emissions by over 4.3 million tonnes annually, equivalent to removing…

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Aboitiz Power to develop Philippines’ first hybrid BESS and geothermal system

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AP Renewables Inc. (APRI) and Aboitiz Renewables Inc. (ARI), subsidiaries of Aboitiz Power Corporation, have partnered with Shandong Electric Power Engineering Consulting Institute Co. Ltd. (SDEPCI) for the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin, Bay, Laguna, Philippines. The project will integrate a battery energy storage system with APRI’s Makban geothermal plant, creating the Philippines’ first hybrid geothermal and BESS system.  This innovative solution aims to improve the stability of the Luzon…

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Philippines DOE approves expanded capacity for Tanay Wind Project

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The Philippines Department of Energy (DOE) has approved an increase in the registered capacity for the Tanay Wind Power Project, raising it to 128 MW from its initial 112 MW.  This expansion allows Alternergy Tanay Wind Corporation, a subsidiary of Alternergy Holdings Corporation, to install 16 wind turbines of 8 MW each, representing the largest onshore wind turbines in the country. The project, with financing of approximately PHP8 billion, is Alternergy’s second wind facility in…

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Copenhagen Energy to accelerate 4 GW offshore wind projects in the Philippines

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Copenhagen Energy and PetroGreen Energy Corporation have obtained the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects under BuhaWind Energy Philippines. This certification will accelerate the permit process, facilitating faster development of their planned 4 GW offshore wind farms. The initiative includes three projects: A 2 GW wind farm in Northern Luzon, targeted for operation by 2030. A 1 GW project in Northern Mindoro, expected to launch…