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...
The country’s renewable energy sector is expected to garner more funding as Masdar, a clean energy firm based in the United Arab Emirates (UAE), has signed a deal to facilitate prospective investments. A Memorandum of Understanding (MOU) was signed on Wednesday, Jan. 15, between the...
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...
A fresh wave of blame game is electrifying the discourse surrounding the National Grid Corporation of the Philippines (NGCP), the country’s grid operator—but while digging up past regulatory missteps might make for catchy headlines, the real power play lies in tackling the tough questions: who...
Citicore Renewable Energy Corporation (CREC), a leading renewable energy (RE) developer in the Philippines, announced that PT Pertamina Power Indonesia (Pertamina NRE), an Indonesian-based energy firm, has made its first investment in the country. In a disclosure to the Philippine Stock Exchange...
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...
Following the termination of multiple renewable energy (RE) projects last year, the Department of Energy (DOE) assured the public that this action would not discourage investors from pursuing renewable energy developments. In a briefing on Wednesday, Jan. 8, DOE Secretary Raphael P.M. Lotilla said...
The Department of Energy (DOE) announced that manufacturers, importers, distributors, dealers, and rebuilders of all public and private road transport vehicles are required to include a Fuel Economy Label (FEL) and Fuel Economy Sticker (FES). In a briefing, Energy Utilization Management Bureau...
