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Country summary: Philippines

energy-pedia opportunities - Philippines:
Current deals: 3
Licensing articles: 39
Completed deals: 75

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Philippines - recent news

16 Dec 24
Philippines: Nexif Ratch Energy obtains key government support for its offshore wind projects in the Philippines
Nexif Ratch Energy has announced that its San Miguel Bay Wind Project has been granted the Certificate of Energy Project of National Significance (CEPNS) by the Department of Energy (DOE), marking a significant milestone in the company’s efforts to advance the Philippines’ renewable energy transition.
28 Aug 24
Philippines: Sunda Energy submits Philippines Licence Round application
AIM-listed Sunda Energy has announced that, in line with its refined strategy to focus on gas in Southeast Asia, it has submitted applications for two offshore licence areas in the Philippines which contain several material gas discoveries and significant upside potential.
28 May 24
DNV assists Philippine battery energy storage project through to commercial operation
Consultants in the Singapore and Philippine offices of DNV, the independent energy expert and assurance provider, have assisted SN Aboitiz Power Group in the development of a battery energy storage system (BESS) facility co-located with the Magat Hydroelectric Power Plant at Ramon, Isabela in the Philippines.
11 Mar 24
Philippines: Mainstream Renewable Power awarded development rights for 440 MW of onshore wind in the Philippines
Mainstream Renewable Power, the global pure-play renewable energy company, has signed two Wind Energy Service Contracts ('WESCs') with the Department of Energy in the Philippines for the development rights for two onshore wind farms with a combined capacity of 440 MW. The contracts represent Mainstream’s first fully-owned WESCs in the Philippines and it is one of the first 100% foreign-owned companies to secure the contracts.
02 Jan 24
Philippines: DOF Group secures major contract extension with Prime Energy
DOF Group has announced that Prime Energy has extended the contract for provision of the MPSV Skandi Hawk to the end of 2027. DOF has been providing MPSV and subsea services to Prime Energy in support of the Malampaya gas field operations offshore Philippines since April 2015 and subsea support and IRM services for 13 years prior to that.

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