Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
LONDON, England – The Philippine government is now advancing into the final stretch of negotiations for the terms and conditions of the ‘123 Agreement’ that will be signed with the United States for nuclear cooperation, according to Energy Undersecretary Sharon S. Garin. In an interview on...
LONDON, England – The Philippine government is eyeing to cement an agreement with state-run Korea Hydro & Nuclear Power (KHNP) for a new round and more comprehensive feasibility study on the planned repowering of the 620-megawatt Bataan Nuclear Power Plant (BNPP). In her presentation at the...
The South Korean Embassy in the Philippines on Friday, Sep. 8, welcomed the signing of a free-trade agreement (FTA) between Manila and Seoul as it said the move would liberalize almost a 100 percent of both sides' markets. In a statement, the embassy said the signing of the pact "is timely" and...
The Philippines and South Korea signed a free trade agreement during a bilateral meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) President Ferdinand "Bongbong"...
Philippine companies that are eyeing to invest in small modular reactors (SMRs) are eyeing inclusion in the targeted negotiation for a trade agreement with the United States for planned nuclear technology installations in the country. According to Aboitiz Power Corporation President and CEO...
The Energy Regulatory Commission has granted the plea of power utility giant Manila Electric Company (Meralco) and its affiliate-firm Panay Energy Development Corporation (PEDC) on their contract price adjustment. In tandem with that ruling of the Commission had also been the approval on a...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing the terms for the auction next year of the propounded 25-year concession deal for the rehabilitation of the 932-megawatt Agus-Pulangui hydropower assets in Mindanao. According to PSALM President Dennis Edward A....
Philippines and South Korea trade ministers have agreed to work for the signing of the bilateral free trade agreement (FTA), preferably during the 24TH ASEAN-Republic of Korea Summit next month in Indonesia. Trade and Industry Secretary Alfredo E. Pascual relayed the new development after...
CEBU CITY – The Metropolitan Cebu Water District (MCWD) entered into another bulk water supply agreement with a private firm to provide an additional water supply exclusively for Talisay City in a deal that was described as the start of a “better life” for the Talisaynons. The contract...
Germany has expressed its support for the relaunching of the Philippines-European Union (EU) free trade agreement negotiations. President Ferdinand 'Bongbong' Marcos Jr. and German Ambassador Andreas Michael Pfaffernoschke (Photo courtesy of KJ Rosales/PPA Pool) German Ambassador Andreas Michael...
European Union Ambassador to the Philippines Luc Veron said that the “scoping exercise” for the resumption of negotiations for a free trade agreement (FTA) with the Philippines will bring the relationship to the “next level.” (From left) European Commission President Ursula von der Leyen...
