Aboitiz Power Corp. (AboitizPower) said its renewable energy arm Aboitiz Renewables, Inc. (ARI) had entered a partnership with Vena Energy to invest in the latter’s 102-megawatt (MW) wind power project in Rizal and Laguna. The deal was inked early in July, and just this first week of August, the rollout … [continued]
Aboitiz Power Corporation, in partnership with Climate Capital Management and RMI, to explore offshore wind energy potential in the Philippines with support from USTDA. Manila, Philippines — August 18th, 2022, Aboitiz Power Corporation, a key player in the Philippines energy industry, in partnership with Climate Capital Management and RMI, have … [continued]
Tracking Progress—and Opportunity—in Clean Energy Innovation in the Western Pacific Archipelago Nation
In a major boost to the green bonds market in emerging countries, the Asian Development Bank lent support to a project-specific green bond in the Philippines. The Asian Development Bank has backed a Climate Bond worth US$225 million issued by Philippines-based developer AP Renewables, a subsidiary of AboitizPower Corporation. Proceeds … [continued]
The Philippines will soon have over 600 renewable energy projects operational as it prepares to significantly expand its clean energy infrastructure. As of 31 October, 2015, the Philippine Department of Energy had approved a total of 616 renewable energy projects. Hydro power leads all other technologies in terms of projects and … [continued]
US-based SunEdison is looking to expand operations and footprints into new and emerging solar power markets. Philippines is the latest market on the company’s radar. Missouri-based SunEdison recently announced that it entered into an agreement with Aboitiz Renewables, Inc, a subsidiary of Philippines-based Aboitiz Power Corporation to develop 300 MW … [continued]
Project developers in the Philippines are pushing for rapid development of renewable energy projects so as to take advantage of the country’s feed-in tariff policy. A major wind energy project in the country is set to be commissioned soon. Energy Development Corporation in the Philippines has signed a loan agreement … [continued]
This article first appeared on the website of the Worldwatch Institute (slightly different title, and image added). Manila, Philippines—The Worldwatch Institute’s Climate and Energy Director, Alexander Ochs, met with the Climate Change Commission (CCC) and high-level representatives of the federal and provincial governments of the Philippines yesterday to lay groundwork … [continued]
