Week In ASEAN: Over 1,984.775 MW Of Solar Energy Capacity Set To Surge In The Philippines; Beacon VC And SUN Group Close $3 Million Series A Funding Round For ION Energy; And More

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Powering The Future: Over 1,984.775 MW Of Solar Energy Capacity Set To Surge In The Philippines

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In a bid to fortify the country’s energy infrastructure and ensure grid stability, the Department of Energy (DOE) reveals plans for the introduction of 4,164.92 megawatts (MW) of power projects this year. Currently, 161.20 MW of these ventures are fully operational, while another 835.888 MW are undergoing testing and commissioning. Comprising a blend of renewable and conventional sources, these projects encompass baseload, mid-merit, and peaking plants, with Luzon, Visayas, and Mindanao set to benefit from the additional capacities. The rollout timeline indicates 1,224.655 MW to commence operations in the 2nd quarter, followed by 1,352.167 MW in the 3rd quarter, and 1,571.154 MW in the 4th quarter.

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Beacon VC and SUN Group Close $3 Million Series A Funding Round…

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