Prior to moving to the Department of Environment and Natural Resources (DENR), former Energy Secretary Raphael P.M. Lotilla said that the country’s energy situation has somehow improved under his wing, even as other problems have yet to find their solutions. During his final press briefing as...
The San Jose Green Energy Corp. (SJGEC) announced it has secured a half-billion-peso loan with Rizal Commercial Banking Corporation (RCBC) following the final stages of approval for its new solar power project in Nueva Ecija. In a disclosure to the Philippine Stock Exchange on Monday, June 16,...
The Energy Regulatory Commission (ERC) has unveiled the Green Energy Auction Reserve (GEAR) prices, setting ceiling prices for bidders in the fourth round of the Green Energy Auction (GEA-4) following recent enhancements to the program. In a resolution released by the ERC, the final GEAR prices...
The Department of Energy (DOE) said that it is withholding the issuance of a Certificate of Conformity (COC) to the Manila Electric Company (Meralco) until it receives aligned findings from both the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC). Energy Assistant...
The Department of Energy (DOE) said that the resumption of the biodiesel blend increase will be under evaluation by the National Biofuels Board (NBB), following the suspension of the blend over tight supply and higher costs of coconut oil. In a briefing on Friday, June 13, Energy Undersecretary...
Yuchengco-led PetroSolar Corp. (PSC) has entered into a deal to deliver clean power supply to Shell Energy Philippines Inc. (SEPH). In a disclosure to the Philippine Stock Exchange (PSE) on Friday, June 13, PSC, a subsidiary of PetroGreen Energy Corp. (PGEC) said it has signed a power supply...
The Department of Energy (DOE) announced significant enhancements to the fourth round of the Green Energy Auction (GEA-4), including various capacity allocations and rescheduling of timelines to support the development of floating solar technologies in the country. In a statement on Thursday, June...
SPC Power Corporation is actively exploring new project acquisitions and developments, including the integration of renewable energy (RE) sources. During the annual stockholders ' meeting on June 11, SPC Power Chairman Alfredo L. Henares stated that the company aims to support the Philippines...
The Department of Energy (DOE) is set to launch the fifth Green Energy Auction (GEA-5), which will specifically offer fixed-bottom offshore wind (OSW) technology. In a statement on Wednesday, June 11, the DOE announced the auction targets an installation capacity of 3,300 megawatts (MW), or...
Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) has completed a three-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna, marking a step in expanding its clean energy solutions for industrial clients and supporting the country 's low-carbon...
The Department of Energy (DOE) announced that it is partnering with the Japan International Cooperation Agency (JICA) to launch a three-year project to identify hydropower potential sites and boost the Philippines’ renewable energy (RE) strategies. In a statement on Tuesday, June 10, the DOE...
Ayala-led Bank of the Philippine Islands ' (BPI) supporting inclusion, nature, and growth (SINAG) bonds now hold the record as the largest peso bond issuance to date. In a listing ceremony on Tuesday, June 10, BPI SINAG bonds were officially listed on the Philippine Dealing & Exchange Corp....
