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Country summary: Philippines

energy-pedia opportunities - Philippines:
Current deals: 4
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Completed deals: 75

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Philippines - recent news

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.
27 Jun 23
Philippines: Coro Energy announces successful Philippines WESC award
Coro Energy, the South East Asian energy company with a natural gas and clean energy portfolio, has announced that its application for the Philippines Department of Energy's Wind Energy Service Contract ('WESC') in respect of an area of interest for the onshore Oslob Wind Power Project has now been approved and a WESC formally awarded.
25 Apr 23
Philippines: Coro Energy provides update on Philippines WESC application
Coro Energy has announced that, further to previous announcements, it has now capitalised the local Philippine subsidiary and re-submitted its application for the Philippines Department of Energy's Wind Energy Service Contract ('WESC') in respect of an area of interest for the onshore Oslob Wind Power Project in Oslob, Cebu.

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