The United States has provided the Philippines P65 million worth of grants to ensure energy security and support conservation efforts of two Philippine provinces hosting some of the Enhanced Defense Cooperation Agreement (EDCA) sites. According to the US Embassy in Manila, the grants will support...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
The Department of Energy (DOE) will be issuing a circular to outline the audit parameters on the performance of system operator National Grid Corporation of the Philippines (NGCP) as a concessionaire of the country’s power transmission network. On the sidelines of the ongoing Philippine Onshore...
Buhawind Energy, a joint venture of Yuchengco-led PetroGreen Energy (PGEC) and Danish firm Copenhagen Energy (CE), has kicked off evaluation of the port support facility for the development of its 2,000 megawatts of offshore wind farm (OSW) project in Ilocos Norte. The company said collaboration...
Ayala-led ACEN Corporation has secured government approval to ramp up its energy storage venture as a technology coupling to its 720-megawatt(ac) New England solar farm venture in Australia. In a statement to the media, ACEN Australia said that state-government of New South Wales (NSW) gave a...
A "differentiated pricing" is being proposed on the offshore wind (OSW) technologies that shall be deployed for projects in the country to consider divergent cost calculations on tariffs for the fixed bottom and floating OSW solutions. In a briefing with the media, Pierre-Antoine Tetard, vice...
As rising electric bills and deteriorating services of power utilities often spark frustration and rage, the Energy Regulatory Commission (ERC) is targeting to debut next month its online platform to fast track resolution of complaints. The online platform will receive and correspondingly process...
Garcia-led Vivant Energy, a wholly-owned subsidiary of publicly listed Vivant Corporation, has announced plans to acquire the shareholdings of its partner Gigawatt Power Inc. in corporate units that provide electricity in off-grid areas. As emphasized, Gigawatt Power Inc. has 50-percent equity in...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
118 qualified firms eyeing to join 2nd RE auction By Myrna M. Velasco The Department of Energy (DOE) is set to hold its second Green Energy Auction (GEA-2) on June 19 which attracted a remarkable number of potential bidders. A total of 118 qualified companies have expressed interest in bidding for...
Amid relentless business disruptions and on the need for alchemists who will lead corporates into the complex terrain of technology advancements and revolutionizing workplaces, Shell Philippines has been proving its mettle as an organization that can vigorously navigate transformative changes to...
Tiu-led Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has inked memorandum of agreement (MOA) with Austrian firm Gugler Water Turbines GMBH (“Gugler”) for targeted 320-megawatt seawater pumped storage hydro projects in the Philippines. REDC said...
