Increasing adoption of renewable energy in the Philippines could push average annual spot power prices as much as 24% lower by 2029, its power market operator said on Thursday.

THE Philippines is targeting a 35 percent share of renewable energy by 2030, but hitting those targets will require digital infrastructure that can handle the complexity of a greener, more dynamic ...

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The Independent Electricity Market Operator of the Philippines (IEMOP) has reported that a surge in renewable energy usage could drive down average annual spot power prices by as much as 24% by ...

SINGAPORE and HANOI, Vietnam and MANILA, Philippines, Feb. 15, 2023 /PRNewswire/ -- Singapore's IPP platform company athein, established recently as a Joint-Venture partnership between four ...

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Image: Vena Energy. Singapore-headquartered renewable energy producer Vena Energy has signed an investment agreement with MGen Renewable Energy for a 550MW solar PV project in the Philippines.

The Philippine government aims to increase renewable energy's share in its power mix to 35% by 2030, with energy demand projected to grow 5.3% over the next five years.