Energy & Mining
BDO backs solar project in Nueva Ecija
BDO Unibank, Inc. (BDO) has committed the largest share to the ₱150 billion project finance facility for MTerra Solar, said to become the world’s largest integrated solar and battery storage facility.
Floating solar gets a lift in revised DOE auction plan
The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.
SPC secures green light for 48 MW Iloilo solar project
Listed energy firm SPC Power Corp. is embarking on an aggressive expansion into renewable energy and battery energy storage systems (BESS), with a target of adding 500 megawatts (MW) of capacity to its portfolio by 2029.
GEA 5 to deliver major offshore wind push
The Department of Energy (DOE) launched on Wednesday the fifth round of its Green Energy Auction (GEA 5), targeting the deployment of 3,300 megawatts (MW) of fixed-bottom offshore wind (OSW) capacity between 2028 and 2030.
Prime Infra commits to 2GW PSH completion under GEA3
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.
