Philippines

Philippines sets the rules for its first nuclear power plant

The Philippine government grants contractual advantages and priority dispatch to its first nuclear project, laying the groundwork for sustained sector development in the coming decades.

Global natural gas power generation market to reach $122.49bn by 2030

Driven by rising electricity demand and grid flexibility needs, natural gas power generation is expected to grow at an annual rate of 4.8% through 2030.

Alternergy acquires two Quezon wind projects from CleanTech

Alternergy strengthens its portfolio by acquiring two wind projects from CleanTech in Quezon Province, expanding its growth strategy beyond the 500MW mark.
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Southeast Asia plans $208bn investment to develop nuclear power by 2050

Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.

Scatec reports a 51% increase in revenue in the second quarter of 2025

The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.

ACEN reaches 2,100 MW of attributable renewable capacity in India

ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.
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Citicore secures $77.5 million loan for its Pangasinan solar project

Citicore Renewable Energy Corporation signed a financing deal with Security Bank to complete a 125 MWp solar park in Pangasinan, marking a key milestone in its five gigawatts in five years target.

The 2 GW Northern Luzon floating wind project reaches key milestone in the Philippines

Buhawind Energy Northern Luzon Corporation secures grid connection study approval, bringing the launch of one of Southeast Asia’s largest offshore wind projects closer.

Yanara gains independence to accelerate renewable project expansion in Asia-Pacific

BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
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The new Tanawon geothermal site adds 22 MW to the Philippine energy grid

The inauguration of the Tanawon geothermal site, with a capacity of 22 megawatts, marks a milestone in the expansion of the Philippines’ energy park with local solutions of low carbon footprint.

Scatec obtains retroactive tariff on ancillary electric services in the Philippines

Scatec ASA and Aboitiz Power secure approval for an increased tariff on ancillary services, generating more than $21mn in retroactive revenue on the Philippine market.

Multilateral climate funds redirect energy finance towards emerging markets

Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
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PTT Oil posts record profit and accelerates expansion in Asia

PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.

Global small-scale LNG market to reach $31.78bn by 2030

The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.

Up to 30% of ASEAN data centres could be powered without batteries by 2030

A report by Ember shows ASEAN could supply nearly one-third of its data centres with wind and solar power by 2030 without storage, provided appropriate public policies are implemented.
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CIP sells 25% stake in offshore wind project in the Philippines to ACEN

Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.

Ember forecasts solar and wind could power 30% of ASEAN data centres

Ember anticipates that a third of ASEAN data centre electricity demand could be met by wind and solar by 2030, without batteries, if appropriate political measures are implemented.

EMBER: ASEAN’s interconnected grids could unlock 30 GW of solar and wind energy

A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
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Natural gas demand in Southeast Asia to surpass oil and coal by 2050

Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.

Maxeon restructures operations after 55% annual revenue drop

Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.

Indonesia Expels Chinese Vessel for the Third Time This Week

Indonesia Expels Chinese Vessel for the Third Time This Week

The “Coral Triangle” in Danger from Petroleum Expansion

An NGO report warns of environmental risks associated with oil and gas concessions in the "Coral Triangle," one of the world’s richest marine ecosystems, threatened by maritime traffic and oil spills.

Copenhagen Energy accelerates its wind projects in the Philippines with the Green Lane Certification

Copenhagen Energy has obtained the Green Lane Certification for its BuhaWind projects in the Philippines, facilitating the rapid implementation of wind farms and contributing to the country's energy transition.
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Southeast Asia’s Growing Appetite for Oil and Gas in the Spotlight

Southeast Asia's increasing energy demand will take center stage, according to Fatih Birol of the International Energy Agency (IEA). Ensuring the security of energy flows amid geopolitical turmoil is paramount for the region.

Nexif Ratch Energy finalizes the financial close of its 145MWp Bacolod Solar Project in the Philippines

Nexif Ratch Energy has completed the financial phase of its 145MWp Bacolod Solar Project in the Philippines, marking a significant step in the development of renewable energy in the region.

Adani Group Accelerates Its Global Expansion with 10 GW of Hydroelectric Projects

Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.
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Ending Coal Use Through Carbon Credits?

A Rockefeller Foundation-led initiative aims to prematurely close coal-fired power plants in developing countries using carbon credits to reduce CO₂ emissions.

Alaska: A Strategic Geothermal Hub for the US Indo-Pacific Policy

With its vast geothermal resources, Alaska is positioning itself as a strategic pillar for the US energy policy in the Indo-Pacific, supporting key regions such as Taiwan, Japan, and the Philippines with sustainable and local production.

Colombia Accelerates the Development of its Geothermal Potential

Colombia is intensifying the development of geothermal energy to diversify its energy mix. The country is relying on public-private partnerships and favorable regulations to attract the necessary investments.
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Philippines recover 96% of fuel oil after tanker sinks

Philippine authorities have recovered 96% of the fuel oil from a tanker sunk in Manila Bay. The successful operation prevented a major oil spill, with minimal economic impact.

Southeast Asia steps up coal imports as China peaks

South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.

Vena Energy and MGen join forces for 550 MW solar project in the Philippines

Vena Energy and MGen Renewable Energy Inc. launch a 550 MW solar project in Bugallon, boosting the Philippines' renewable energy production capacity.
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Vena Energy and MGen join forces for 550 MW solar project in the Philippines

Vena Energy and MGen Renewable Energy Inc. launch a 550 MW solar project in Bugallon, boosting the Philippines' renewable energy production capacity.

Philippines: Conversion of a coal-fired power plant to 246 MW of renewable energy

ACEN, GenZero and Keppel join forces to convert a Philippine coal-fired power plant into a renewable energy facility by 2030, using transition credits as financial leverage.

Aqaba: First LNG Onshore Terminal in Jordan

Jordan is counting on an LNG terminal in Aqaba to diversify its energy sources and secure its natural gas supply, with delivery scheduled for 2026.
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Philippines: Conversion of a coal-fired power plant to 246 MW of renewable energy

ACEN, GenZero and Keppel join forces to convert a Philippine coal-fired power plant into a renewable energy facility by 2030, using transition credits as financial leverage.

South Korean refiners under pressure from Chinese oil exports

Increased exports of Chinese petroleum products are threatening the margins of South Korean refiners, already under pressure, in a fragile regional economic context.

Singapore and the United States sign civil nuclear partnership agreement

Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
Le secrétaire d'État américain Antony Blinken et le ministre des Affaires étrangères singapourien Vivian Balakrishnan

Philippines: Siphoning of oil tanker Coulé postponed

The Philippines delay the pumping of hydrocarbons from the MT Terra Nova, accentuating the ecological risks. The leaks must be plugged before the 1.4 million liters of hydrocarbons can be siphoned off.

Japanese Strategic Investments in Asian Gas Markets

Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.