philippines

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Prime Infra Secures $4.6 Billion for Pumped Hydro Storage Projects

Prime Infra, an infrastructure developer and operator, has closed two financing agreements totaling Php273.47 billion (~$4.6 billion). The first Php214.87 billion (~$3.6...

March 17, 2026

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Renu

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Storage
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Philippines Awards 10 GW of Renewable Energy Capacity in GEA-4 Auction

The Philippines’ Department of Energy (DOE) has awarded 10,195.49 MW of renewable energy capacity to 123 bidders in the fourth round of its Green Energy Auction Program...

November 10, 2025

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions

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Wind
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Aboitiz Renewables Secures $129 Million for 221 MW Solar Project

Aboitiz Renewables, the renewable energy arm of Aboitiz Power Corporation (AboitizPower), through its wholly owned subsidiary, AP Renewable Energy Corporation, secured a...

September 16, 2025

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Staff

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Solar
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Scatec’s Revenue Rises 26% in Q2 on Forex Gains and Lower Interest Costs

Norway-based renewable energy solutions provider Scatec posted a revenue of NOK1.31 billion (~$124.76 million) in the second quarter (Q2) of the financial year (FY) 2025,...

August 20, 2025

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Staff

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Finance and M&A

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Renewable Energy
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ib vogt Secures $80 Million Financing for 99 MW Solar Project

ib vogt, a solar and energy storage project developer, secured PHP 4.49 billion (~$80 million) in green project financing from HSBC for the development of the 99 MWp...

July 11, 2025

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Staff

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Solar
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Philippines Issues Terms for 9.3 GW Renewables Auction With Energy Storage

The Philippines’ Department of Energy has released the Terms of Reference (TOR) for the fourth round of the green energy auction (GEA-4). This auction round aims to add...

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Alternergy Secures $17 Million Financing for 28 MW Solar Project in the Philippines

Alternergy Holdings, a renewable energy project developer based in the Philippines, announced the closing of a PhP1 billion (~$17 million) senior term loan from the...

January 21, 2025

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Staff

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Solar
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Vietnam Leads Southeast Asia in Solar and Wind Power with 19.5 GW

Vietnam is leading its Southeast Asian peers in transitioning its grid to renewable energy, with the country’s utility-scale solar and wind power capacity...

June 26, 2024

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Arshreet Singh

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI’s Auction for 2 GW ISTS-connected Solar Projects

SAEL, ReNew Power, Eden Renewables, Jakson, Shiva Corporation, and Avaada Energy won Solar Energy Corporation of India‘s auction to set up 2 GW interstate transmission...

July 24, 2023

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Mercom Staff

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Daily Wrap-up
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Philippines Awards 3.43 GW of Renewable Projects in Green Energy Auction

The Department of Energy, Philippines, through its Green Energy Auction-Bids Evaluation and Awards Committee (GEA-BEAC), has announced the list of successful bidders...

July 21, 2023

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Rakesh Ranjan

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Other

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Tenders and Auctions
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Daily News Wrap-Up: Gujarat’s Consultancy Tender for 1.5 GW Floating Solar Park

Gujarat State Electricity Corporation has invited bids to appoint a consultant to prepare a feasibility report and detailed project report to set up a 1,500 MW floating...

May 15, 2023

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Mercom Staff

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Daily Wrap-up
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Philippines Awards Contracts for 610 MW Floating Solar Project

Blueleaf Energy and SunAsia Energy have been awarded contracts by the Philippine government to construct and manage what is claimed to be the world’s largest floating...

May 12, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Scatec’s Q1 Revenue Rises 21% to $87 Million on Higher Power Production

Norwegian independent power producer Scatec’s total revenue rose 21% year-over-year (YoY) to NOK919 million (~$87 million) for the first quarter (Q1) of the financial...

May 10, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Scatec Q3 Revenue Up 10% YoY Driven By Increased Hydropower Sales in the Philippines

Norwegian independent power producer Scatec posted consolidated revenue of NOK 1,163 million (~$110.6 million) for Q3, 2022, an increase of 10% year-over-year (YoY)...

November 4, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Shell Forms JV to Develop 3 GW of Renewable Energy Projects in the Philippines

The renewable energy subsidiary of Nickel Asia Corp (NAC), Emerging Power, signed a joint venture (JV) agreement with Netherlands-based Shell Overseas Investments...

July 4, 2022

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Gourav Mishra

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Finance and M&A

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Other

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