The Department of Energy (DOE) shared that financial partnerships and government support will play a key role in de-risking geothermal exploration in the country, as its costs are expected to decrease over the next 20 years. During a University of the Philippines (UP) lecture on the country's...
The Department of Energy (DOE) said it will release the Terms of Reference (TOR) for the fourth Green Energy Auction (GEA-4) this month, which includes the Integrated Renewable Energy Storage System (IRESS). The TOR will outline the auction's specific provisions and procedures, covering technical,...
The Department of Energy (DOE) has announced the bidders for the third Green Energy Auction (GEA-3). In a statement, the DOE has identified 12 renewable energy (RE) developers slated for the bidding which would begin in February. The GEA-3 involves an auction for 4,475 megawatts (MW) worth of RE...
The Department of Energy (DOE) is encouraging investors to develop microgrid solutions to ensure reliable energy supply in underserved and unserved areas of the country. At the Microgrid Systems Provider (MGSP) Investment Forum on Tuesday, Jan. 28, Energy Undersecretary Rowena Christina Guevara...
Following a major investment by the Maharlika Investment Corporation (MIC) in the National Grid Corporation of the Philippines (NGCP), the Department of Energy (DOE) announced that this partnership aims to resolve ongoing delays in transmission and interconnection projects that have long plagued...
The Department of Energy (DOE) is supporting eight developers to pursue offshore wind (OSW) projects totaling nearly 17,000 megawatts (MW) set to begin construction in 2027. According to DOE data, these frontrunner projects have a potential capacity of 16,652 MW and are located in several...
In a move to accelerate renewable energy (RE) development, the Department of Energy (DOE) and Masdar, a United Arab Emirates (UAE)-based clean energy firm, have signed an agreement to support RE integration in the Philippines. Energy Undersecretary Rowena Cristina Guevara signed the Implementation...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Ellson Quismorio/ MANILA BULLETIN) Saying that the National Grid Corporation of the Philippines (NGCP) has been compliant with its franchise requirements, Cagayan de Oro City 2nd...
First Gen Visayas Energy Inc. (FGVEI), a subsidiary of renewable energy company First Gen Corporation, has been fined by the Department of Energy (DOE) for the late filing of reports on its wind energy projects. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, January 14, First...
The Department of Energy (DOE) has sought the assistance of the Bangko Sentral ng Pilipinas (BSP) and multilateral development banks to improve financing options and secure longer loan periods for renewable energy (RE) projects. Speaking at the fifteenth session of the International Renewable...
The Department of Energy (DOE) has recorded nearly 7,000 megawatts (MW) worth of power projects slated for completion in 2025. Data listing all private sector-initiated projects for this year showed that the DOE identified 6,841 MW worth of projects, most of which are located in Luzon. Luzon holds...
The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination Methodology (PDM). DOE Secretary Raphael P.M. Lotilla said the PDM, which sets electricity rates for the...
