News

The largest and only solar irrigation system in the Philippines was officially inaugurated on June 10. The local government has applied renewable energy to agricultural projects, reducing the use of fossil fuels and lowering carbon emissions.

The Indonesian government has announced a national rooftop solar power quota plan, allocating a total of 901 MW for this year in 11 regulated regions, with annual increases planned to reach a total capacity of 5,746 MW within five years.

Indonesian government announced in an official letter in May that it has decided to revoke regulations on the local content requirements (TKDN) within the country’s electricity sector and ease the requirements for the localization of solar module parts.

The shopping center developer SM Supermalls, a subsidiary of the Philippines' largest retail firm SM Prime, has recently unveiled the company’s largest self-used rooftop solar PV system at SM City in Santa Rosa, Laguna.

Gulf Energy Development anticipates that the establishment of 25 new solar farms will aid the government in more effectively regulating electricity prices, potentially resulting in reduced power bills.

Philippines aims to increase solar power share to 5.6% and wind power share to 11.7% in 2030, up from 2.4% and 3.1% respectively in 2024, according to government presentation, potentially leading to one of the cleanest grids in the region.

Colocation company Equinix has entered into a solar power purchase agreement (PPA) with Sembcorp in Singapore to supply renewable energy to its data center.

According to recently compiled data, seven countries now generate almost all of their electricity from renewable energy.

ACEN Corp., the energy arm of Philippine conglomerate Ayala Corp., anticipates investing $15 billion to expand its renewable power generation capacity to 20,000 MW by 2030.

Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.