First Gen To Invest $500m For Hydro Power Projects.

First Gen Corp., Philippines’ leading clean and renewable energy company, will invest a total of $500 million to build hydro power projects in Mindanao which will start next year 2016. “We remain bullish on developing our hydro portfolio through a number of...

BPI Provides Additional P500 Million Loan to San Carlos Solar.

Manila – Bank of the Philippine Islands (BPI) will provide additional P500 million loan to  San Carlos Solar Energy Inc (SaCaSol) “To finance further solar power station construction”. SaCaSol, a joint venture between Bronzeoak Philippines Inc and ThomasLloyd, said in...

3 More Solar Projects Approved by ERC in 2 Provinces.

Three more solar plant projects have been approved by the Energy Regulatory Commission (ERC) to be built in Ilocos Norte and Rizal provinces with a combined capacity of 54.10 MW. The commission has awarded service contracts to South Korea’s Mirae Asia Energy Corp. in...