To curb delays in renewable energy projects, the Department of Energy (DOE) is cracking down and expects to cancel more by year's end, following the termination of over 100 projects last month for missing deadlines. On the sidelines of Buhawind Energy Philippines (BEP)’s Offshore Wind Forum,...
Buhawind Energy Philippines (BEP) has been awarded the green lane certification by the Board of Investments (BOI) for its three offshore wind power projects with a combined target capacity of 4,000 gigawatts (GW). In a statement on Wednesday, Nov. 20, the BOI said the certification was granted due...
The Energy Regulatory Commission (ERC) has approved three projects by the National Grid Corporation of the Philippines (NGCP) aimed at enhancing the reliability and stability of the transmission grid in Luzon and Visayas. In a statement, NGCP said the approved projects include the Northern Luzon...
Terra Solar Philippines, Inc., a unit of SP New Energy Corp. (SPNEC), announced that it had granted an Engineering, Procurement, and Construction (EPC) deal with China Energy Engineering Group Co., Ltd. (Energy China) for the world’s largest contiguous solar and battery power plant in the...
Vivant Energy Corporation's unit, Delta P. Inc., has secured a power supply agreement (PSA) to address the increasing energy demand in Palawan, driven by economic growth. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Nov. 19, Vivant said that the Palawan Electric Cooperative...
In the wake of a string of typhoons, the Department of Energy (DOE) is urging distribution utilities (DUs), electric cooperatives (ECs), the National Electrification Administration (NEA), and the National Grid Corporation of the Philippines (NGCP) to expedite power restoration efforts in affected...
Every kilowatt saved cuts costly power capacity additions and puts money back into consumers’ pockets – that’s the “hidden power” of energy efficiency. However, in the broader energy security puzzle, that is often overlooked despite the formidable force it holds on easing grid stress and...
The governments of Canada and France have expressed their interest in providing support and expertise to help boost the Philippines' nuclear energy ambitions. The Department of Energy (DOE) announced that Canada is keen on sharing its extensive nuclear knowledge with the Philippines. During the...
The Department of Energy (DOE) approved four new renewable energy (RE) projects for system impact studies (SIS) in October. The DOE said this bought the total number of SIS grants issued by the department to the National Grid Corporation of the Philippines (NGCP) last month to 24. The newly...
Senator Risa Hontiveros on Thursday, November 14 cautioned that the passage into law of the proposed Philippine Natural Gas Industry Development Act may replicate policy mistakes that happened in the past especially in the energy sector. Sen. Risa Hontiveros explains why she voted no to...
The Department of Energy (DOE) has tapped the Maharlika Investment Corporation (MIC) to explore nuclear costings and finances to help advance its development of alternative energy sources in the Philippines. On the sidelines of the Philippine International Nuclear Supply Chain Forum, Energy...
Citicore Energy REIT Corporation (CREIT), the country’s only renewable energy real estate investment trust, posted a two percent improvement in net income, reaching P1.04 billion in the first nine months of 2024, up from P1.02 billion in the same period last year. In a disclosure to the...
