Melbourne, Australia—The World Bank Group is helping the Energy Regulatory Commission (ERC) tighten cost controls, primarily for indexation, on firming up a financial model that will make offshore wind projects commercially viable ahead of the 5th green energy auction (GEA-5) that will be...
Melbourne, Australia—After the 5th green energy auction (GEA) for 3.3 gigawatts of offshore wind wraps up this year, the Department of Energy (DOE) is gearing up to launch at least four more renewable energy (RE) capacity tenders so it can open wider doors of opportunity for interested local and...
Melbourne, Australia – What does it take for us to disrupt the wind stream in our oceans, especially when so many projects in major markets are delayed, renegotiated, or scrapped before they even set sail? That’s the formidable puzzle that steered debates at the recently concluded APAC Wind...
Meralco 's power generation arm, Meralco PowerGen Corp. (MGen), is looking to expand into Malaysia, citing the country’s rising demand for power, particularly from the growing data center industry. MGen President and Chief Executive Officer Emmanuel Rubio stated in a media roundtable that...
Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines ' goal of increasing clean energy in its generation mix. SEPH President and Chief Executive Officer Bernd Krukenberg told the Manila Bulletin that...
The power generation arm of Manila Electric Co. (Meralco) has secured two engineering, procurement, and construction (EPC) deals to advance a new battery energy storage system (BESS) project in Toledo, Cebu. In a statement on Thursday, Meralco PowerGen Corp. (MGen) announced it has signed an EPC...
The Department of Energy (DOE) announced that the Philippines’ carbon credit framework is nearing completion and is set to be finalized by year-end. At the Philippine Net Zero Conference 2025, Energy Secretary Sharon Garin stated that the department is working to finalize the framework, with an...
As part of efforts to boost the wind energy sector, the Department of Energy (DOE) is pushing for a “whole-of-region” approach to collaboration in the Asia-Pacific region. At the 2025 Asia-Pacific (APAC) Wind Energy Summit in Australia, Energy Undersecretary Rowena Guevara proposed this...
Citicore Renewable Energy Corp. (CREC) has energized the Philippines’ first solar baseload facility, a step toward increasing the share of renewable energy in the country 's power grid. The 197-megawatt peak (MWp) Citicore Solar (CS) Batangas 1 and its accompanying 320-megawatt-hour (MWh)...
President Marcos said the government must “catch up” with private sector innovations in renewable energy, as he witnessed the energization of the country’s first hybrid agro-solar and battery storage system in Tuy, Batangas. Marcos said this as he led the launch of Citicore Solar Batangas 1...
Melbourne, Australia – The Philippines’ commitment to offshore wind is about to face its ultimate test. In the coming months, the country’s green energy auction (GEA) for this technology will kick off, separating the “brave soul investors” from those who will quit before the competition...
The Energy Regulatory Commission (ERC) vowed to fast-track decisions on pending capital expenditure (CAPEX) projects from the National Grid Corporation of the Philippines (NGCP), following a request from the Department of Energy (DOE). On the sidelines of the 2025 Economic Journalists Association...
