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),...
The interest of foreign investors in the country’s renewable energy (RE) sector is still at its wobbly pace, hence, the Department of Energy (DOE) is sorting out strategies to whet their appetite for fresh wave of capital infusion – and one game plan it is pursuing will be business-to-business...
The Energy Regulatory Commission (ERC) will issue ‘green energy tariff” that shall serve as the basis for the acceptable price tender for the 4,199 megawatts of non-feed in tariff (non-FIT) renewable energy (RE) capacities that shall be offered this year by the Department of Energy (DOE) under...
Chinese firm SUMEC Complete Equipment and Engineering Co. Ltd. had been engaged by MGen Renewable Energy, Inc. (MGreen), a renewable energy investment unit under the Manila Electric Company (Meralco) group, as the engineering procurement and construction (EPC) contractor for its two solar projects...
DAVAO CITY – Coffee producers from the famed village of Balutakay at the foot of Mount Apo in Bansalan, Davao del Sur will hold its first auction of specialty coffee here on January 20. A FARMER sorts coffee cherries in Barangay Balutakay, Bansalan, Davao del Sur. (Photo courtesy of...
The Department of Energy (DOE) has cornered at least six passing bids from one investor-group for the energization of unserved and underserved microgrid sites covering designated areas in Cebu, Quezon and Palawan. In an announcement to the media, the department emphasized that out of nine (9)...
DUBAI, UAE – Ayala-controlled ACEN Corporation, which has been expanding its investment foothold across foreign markets, is batting for capacity auction that will primarily delve with integrated renewable and energy storage system (IRESS) as prospective replacement for capacities that shall be...
The Energy Regulatory Commission (ERC) will no longer prescribe a ‘reserve price’ for the scheduled green energy auction (GEA) covering geothermal capacity developments. “We just agreed with the DOE (Department of Energy) on the parameters how we will eventually approve the rates in the PSAs...
To fulfill the President’s mandate for the country’s full electrification during his term, the Department of Energy (DOE) is scheduling within this quarter the first competitive selection process (CSP) or auction for the investors being enticed to energize more than 15,000 households along the...
The proposal for a ‘no reserve price’ condition on the targeted 3rd green energy auction (GEA-3) for geothermal could trigger unwarranted “regulatory uncertainty’ for project developers and all investors in this technology’s supply chain, the Energy Regulatory Commission (ERC) has warned....
The Sandiganbayan has dismissed the appeal filed by former Cebu customs official Benjamin C. Bongon and private individual Roger T. Ang seeking to overturn their graft conviction on the irregular sugar auction conducted in 2000. In a decision dated Dec. 1, 2017, the Cebu City regional trial court...
The Energy Regulatory Commission (ERC) is poised to sustain the suspension of the P0.0364 per kilowatt hour (kWh) feed-in-tariff allowance (FIT-All) line item in the electric bills until the end of the year, hence, providing slight relief in the pockets of all ratepayers especially during the high...
