By strengthening governance, expanding financing options, facilitating technology transfer, and enhancing regional cooperation, Australia can help break down barriers to energy sector reform in the Philippines.
The Department of Energy (DOE) has endorsed 11 new power projects, totaling 4,500 megawatts (MW), for System Impact Study (SIS) approval by the National Grid Corporation of the Philippines (NGCP). These projects,
Pasig City, Philippines — 22 April 2025 — Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines'' largest syndicated loan at ₱150 billion to
Discover the Top 10 Energy Storage Trends plus 20 out of 3400+ startups in the field and learn how they impact your business.
Foreword As part of the U.S. Department of Energy''s (DOE''s) Energy Storage Grand Challenge (ESGC), DOE intends to synthesize and disseminate best-available energy storage data,
See The IRA at a Year and a Half: IRS Guidance and Impact on the Energy Storage Industry. While lenders may need to undertake additional diligence before financing an energy storage project, the project finance
The Philippines solar energy market has experienced significant growth in recent years, driven by favorable government policies, declining solar panel prices,
The United States and global energy storage markets have experienced rapid growth that is expected to continue. An estimated 387 gigawatts (GW) (or 1,143 gigawatt hours (GWh)) of new energy storage
The Hagersville Battery Energy Storage park, located in Haldimand County, Ontario, Canada, will be the largest battery energy storage system (BESS) project to date in
The Department of Energy in the Philippines has outlined a new set of market rules and policies for energy storage systems (ESS).
Increasing the role of renewables in the generation mix could reduce the Philippines'' reliance on imported fuels and boost its energy security, according to BloombergNEF''s latest report, The Philippines'' Path to Clean and
The entire value chain attends Solar & Storage Live Philippines, with experts, innovators and disruptors from the solar, EV, smart energy and storage industries, and large industrial players
Risen Energy, a global leader in full-stack new energy solutions, showcased its innovative technological prowess through large-scale ground-mounted power plant and industrial-commercial hybrid solar-storage solutions
PetroGreen Energy Corporation (PGEC), the renewable energy arm of PetroEnergy Resources Corporation (PERC), plans to roll out a 98-megawatt direct current
3 天之前· News ACEN Projects Strong 2026-2027 Income Growth from Renewables by Power Philippines News April 29, 2025 ACEN Corporation, a leading renewable energy firm in the
Our participation in Solar & Storage Live Philippines 2025 highlights our ongoing commitment to advancing clean energy in the Philippines through leadership, technical
IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area. A strong outlook for 2025 In summary, the
In 2025, the commercial and industrial energy storage industry is set for substantial growth, fueled by global policy support, cost optimization, and renewable energy adoption.
FINANCING FOR RENEWABLE ENERGY The main barriers to the widespread use of renewable energy are the high up-front costs, particularly for installing equipment, plus the limited
Moreover, the upfront costs of energy storage installations can be a barrier to adoption. To address this challenge, market players should explore financing options and government
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities.
IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area. A strong outlook for 2025 In summary, the energy storage market in 2025 will be shaped by
Here are seven financing options for the residential, commercial and industrial sectors to consider: Power Purchase Agreements PPAs are a popular choice among intensive energy users since the service provider fully
Energy storage subsidies in Poland for 2024-2025 support the country''s energy transition, increasing RES efficiency and grid stability.
The price of lithium-ion batteries, the most popular type for energy storage, has plummeted in recent years, making energy storage projects more financially viable.
As such, we''re providing this "Cheat Sheet for Energy Storage Finance" based on our work as buy-side and sell-side investment bankers experienced in both energy storage venture capital
The Hagersville Battery Energy Storage park, located in Haldimand County, Ontario, Canada, will be the largest battery energy storage system (BESS) project to date in Canada. The project is expected operational
Following similar pieces in 2022/23, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024.
3 天之前· On September 2, 2025, the fourth Green Energy Auction (GEA-4) organized by the Philippines'' Department of Energy (DOE) concluded successfully, securing commitments for
In part one of this article, we discussed the types of energy storage and the incentives that are supporting its development. Now let''s look at the financing issues and the project risks
The energy storage market is also set to grow, with the Philippines contributing to the $10.84 billion energy storage market in the Asia-Pacific region by 2026, addressing
Switching to solar energy can dramatically lower monthly bills. However, the initial investment often becomes a deciding factor for homeowners or companies. At Solar Up
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities. Globally, energy storage deployment increased
As the global climate crisis intensifies, the Philippines is stepping up with bold energy ambitions. Solar & Storage Live Philippines 2025 serves as a dynamic platform to showcase cutting-edge solutions, foster dialogue, and
With the support of the Philippine Department of Energy and key industry partners, Energy Box will organize the 2nd Solar Energy Storage Future Philippines 2025.
“Our mission is to connect stakeholders and drive tangible progress in Philippine renewable energy.” Each year, Solar Energy Storage Future Philippines convenes government representatives, C-level executives, project developers, technology providers, financiers, and researchers.
Battery capacity is at least 20% of the solar project capacity. Ground-mounted solar includes 42 megawatts of rooftop solar. In addition, the Philippines can accelerate the deployment of small-scale standalone batteries and rooftop solar-with-storage by residences and businesses. This can be done initially through subsidies and rebates.
As the Philippines is committed to reaching 35% of renewables in its generation mix by 2030 and 50% by 2040, energy storage systems will be needed to address the intermittency of renewables like solar and wind.
Therefore, increasing the role of renewables in the generation mix can reduce the Philippines’ reliance on imported fuels and boost its energy security. Even for solar, wind and hydro power where imported equipment may be needed, the reliance on external supply will be largely limited to the construction phase.
The Philippines in July 2024 unveiled its long-term power plan known as the Philippines Energy Plan (PEP) 2023-2050, outlining annual capacity additions by technology. The PEP includes three scenarios: the Reference Scenario (REF), Clean Energy Scenario (CES) 1 and CES 2. All three scenarios lay out energy transition paths for the power sector.
