EPI Starts Construction of Subic RE Projects.

Emerging Power Inc. (EPI), a Filipino-owned renewable energy company, has started the development of its multi-million dollar RE projects in the Subic Special Economic Zone in Zambales. EPI held a groundbreaking ceremony for its solar and wind power projects at Mt....

Ayala Sells Stake in 81 MW Ilocos Wind Farm To Mitsubishi Unit.

Philippine diversified group Ayala Corp has reduced its stake in the owner and operator of the 81 MW Caparispisan wind farm in Ilocos Norte by selling a unit to an affiliate of Mitsubishi Corp. Ayala has sold its interest in Luzon Wind Energy Holdings BV to DGA NLREC...

China Sunergy Won 14.5 MW Solar EPC Agreement in the Philippines.

CSUN-Solar International Ltd., a subsidiary of China Sunergy Co. Ltd., won the Engineering, Procurement and Construction (EPC) contract for local-firm YH Green Energy Inc.’s 14.5 MW solar power project in the Philippines. In a news statement from its web site, China...

Landbank Allocates P550 Million for Solar Farm in Iloilo.

Government-owned Land Bank of the Philippines (LandBank) has allotted P550 million for a solar-power plant in Miag-ao, Iloilo. Leo Francis B. Deslate, LandBank Iloilo Lending Center Account Officer, told the Philippines News Agency that the universal bank is financing...