In line with the Philippine government’s decarbonization commitment to the 26th Conference of the Parties (COP) Climate Change Summit, the Department of Energy (DOE) has projected of more than P4.874 trillion worth of "green investments" that could be rolled out in the country. According to...
The Department of Finance (DOF) is exploring how foreign governments can contribute to the Philippines’ efforts to accelerate the decommissioning and repurposing of its coal-fired power plants. As overseas companies have a significant stake in the country’s coal-fired power plants, DOF...
Surigao del Sur Rep. Johnny Pimentel has called for the Department of Energy (DOE) to assure the “seamless transfer” of Malampaya’s day-to-day gas business amid calls for a probe of Shell Petroleum B.V.’s $460 million operator switch to Udenna Corp. “We are counting on a smooth handover...
Former Senator and incumbent Sorsogon Governor Francis “Chiz” Escudero on Sunday said the next administration should have a clear agenda on energy and ensure that the Philippines has a long-term strategy for stable, sustainable and sufficient power supply. Escudero said having a clear energy...
Senator Sherwin Gatchalian on Sunday urged officials of the National Electrification Administration (NEA) and Bengue Electric Cooperative (BENECO) to reach a compromise to ensure there would be no power disruptions in Baguio, which is a highly urbanized city. Gatchalian, chair of the Senate...
San Miguel Corporation (SMC) power unit SMC Global Power Holdings Corp’s Battery Energy Storage Systems (BESS) technologies will stabilize power supply nationwide; it also ushers the next stage for renewable power in the country. Even as power companies work to avert a looming power crisis in the...
The Board of Investments (BOI) has approved the registration of Chinese-owned Sinoma Energy Conservation (Cebu) Waste Heat Recovery Co. Inc. as a new operator of a 4.5 megawatt (MW) power generating plant that will supply energy to a cement manufacturing plant in Cebu and consumers in the province....
The country’s economic recovery hinges on the stability and reliability of power supply, and stakeholders must act in unison to ensure fuel and electricity rates do not hamper industries’ ability to rebound from the economic crisis brought by the COVID-19 pandemic. This was the main message of...
As part of efforts to make its operations sustainable, leading building solutions provider Holcim Philippines, Inc. has signed a 20-year power purchase agreement with Blueleaf Energy to deliver solar power to its cement plants in Bulacan and La Union. In a disclosure, Holcim Philippines said...
The Philippine Council for Industry, Energy, and Emerging Technology Research and Development (PCIEERD) of the Department of Science and Technology has unveiled 348 science and technology (S&T)-related initiatives that will help the country recover from the impacts of coronavirus disease...
The Securities and Exchange Commission (SEC) has approved three public share offerings -- Figaro Coffee Group, Inc., Citicore Energy REIT Corp. (CREIT) and, Arthaland Corporation -- worth almost P15 billion. Figaro initial public offering will consist of up to 1.26 billion common shares priced at...
The Energy Regulatory Commission (ERC) has extended for another six months its mandate on the suspension of "interest payments" for feed-in-tariff allowance (FIT-All), a rate component in the electric bills being dispatched to consumers. The regulatory body said the non-payment of interest or...
