The Department of Energy (DOE) has announced that the renewable energy (RE) market will commence this month, which aims to help the Philippines achieve its target share of clean energy generation mix over the next few years. According to a DOE circular, full commercial operations for the RE market...
The Energy Regulatory Commission (ERC) has granted provisional approval to two Power Supply Agreements (PSAs) between Manila Electric Company (Meralco) and the renewable energy units of ACEN and San Miguel Corporation. Meralco and ACEN-led Gigasol 3, Inc. will soon implement their PSA following the...
Citicore Renewable Energy Corporation (CREC) and global photovoltaic (PV) inverter and energy storage system provider Sungrow Power Supply Co., Ltd. have inked a deal for Battery Energy Storage Systems (BESS) to power CREC’s solar projects. In a disclosure to the Philippine Stock Exchange on...
The Department of Energy (DOE) has strengthened its partnership with the United States to advance nuclear energy in the Philippines through a recent policy dialogue. During the 2nd United States-Philippines Energy Policy Dialogue (EPD), the DOE and key US officials finalized a guiding document that...
Senator Juan Miguel “Migz” Zubiri urged the Department of Energy (DOE) and the National Electrification Administration (NEA) on Friday, December 6, to urgently address the persistent power outages plaguing Siargao Island since early December. Zubiri said that this is now adversely affecting its...
The Department of Energy (DOE) announced that it will move the Green Energy Auction (GEA)-3 to next year. During the 2024 Energy Investment Forum on Thursday, Dec. 5, Energy Undersecretary Felix Fuentabella said that GEA-3, which covers non-feed-in-tariff (FIT) projects for geothermal, impounding...
To enhance grid security and affordability of electricity in the Philippines, the Energy Regulatory Commission (ERC) has issued nearly 4,000 Certificates of Compliance (COCs) this year. In a statement, the ERC announced it awarded approximately 3,959 COCs and 334 Provisional Authorities to Operate...
The Department of Energy (DOE) announced that all electric cooperatives (ECs) nationwide are exempted from taxes imposed by their local government units (LGUs). The memorandum was signed by Energy Secretary Raphael P.M. Lotilla and Finance Secretary Ralph G. Recto, represented by Undersecretary...
Meralco PowerGen Corporation (MGen) plans to convert two of its coal-powered units into gas-fired plants in response to the coal moratorium. Yari Miralao, MGen Gas Energy Holdings, Inc. (MGen Gas) president and chief executive officer, said the projects with Global Luzon Energy Development...
National Grid Corporation of the Philippines (NGCP) has energized the Cebu-Bohol Interconnection Project (CBIP), a new transmission facility that will address the growing power demand in the region. In a statement on Tuesday, Nov. 26, NGCP said the CBIP "will play a crucial role in improving...
PacificLight Power Pte Ltd., a subsidiary of Meralco PowerGen Corp. (MGen), plans to invest approximately P53 billion (US$900 million) in a new 600-megawatt (MW) power plant in Singapore. Yari Miralao, MGen Gas Energy Holdings, Inc. (MNatural Gas) president and chief executive officer, said that...
Buskowitz Energy Inc., a local solar power provider, anticipates significant growth in its installed capacity by the end of the year, fueled by a recent investment from an international firm. James Buskowitz, Buskowitz founder and chief executive officer, said that the company's current capacity of...
