Lopez-led First Gen Corporation will be turning the stretch of its hydropower complex in Pantabangan, Nueva Ecija as a ‘mecca of green energy’, with new sites around the area already tagged for its planned solar and wind farm installations that will be amalgamated with battery energy storage...
Sen. Ramon "Bong" Revilla Jr. on Tuesday, April 2 praised President Marcos' creation of an inter-agency committee that will be tasked to oversee the government's right-of-way (ROW) activities for the country’s various railway projects. Under Administrative Order No. 19 s. 2024 recently...
Renewable energy (RE) developments in the Alabat Wind Power Project are in full swing, as the Alabat Wind Power Corp. (AWPC) signed an interconnection agreement with the National Grid Corporation of the Philippines (NGCP). The agreement between the grid firm and the subsidiary of Alternergy...
Over 20 Public-Private Partnership (PPP) projects will be submitted for the approval of the National Economic and Development Authority’s Investment Coordination Committee’s (NEDA-ICC) this year. PPP Center Executive Director Ma. Cynthia C. Hernandez, during a press conference at the signing of...
The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Publicly listed Alternergy Holdings Corporation (Alternergy) had engaged China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI), along with its Philippine subsidiary GEDI Construction Development Corporation (GCDC) as engineering, procurement and construction (EPC)...
Ayala-led ACEN Corporation has clinched ‘B’ rating from CDP, a non-profit global entity which is authoritatively handling the disclosure platform for climate change impacts of investors, corporates and even government instrumentalities like cities and states. According to the company, its new...
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
The Department of Energy (DOE) will be offering 8,200 megawatts of renewable energy (RE) capacities in the fourth round of green energy auction (GEA-4) to be administered by the latter part of this year. In her remarks during an Energy Transition forum convened by Climate Smart Ventures (CSV),...
An Executive Order (EO) mandating state-run National Transmission Corporation (TransCo) to build transmission facilities to underpin the wheeling of generated capacities from renewable energy (RE) facilities will be issued soon by President Marcos. In an exclusive interview on the sidelines of the...
President Marcos has approved 23 new infrastructure flagship projects (IFPs), including the Davao City Bypass. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary Arsenio Balisacan (Photo courtesy of Bongbong Marcos) "We've approved 23 new IFPs, including the Davao City Bypass...
The Marcos administration’s economic team removed 36 infrastructure flagship projects (IFPs) but added 23 new projects under the Build Better More program, the National Economic and Development Authority (NEDA) said. The NEDA board, chaired by President Marcos, has reduced the number of IFPs from...
