The Department of Energy (DOE) will allot a lead time of at least eight months as preparation time for the targeted bid submission of investors under the planned green energy auction (GEA) for offshore wind capacities by next year. According to Energy Undersecretary Rowena Cristina Guevara, the...
The De La Salle Green Archers are expected to rely heavily on star player Kevin Quiambao in their title-retention campaign in the upcoming UAAP Season 87 men’s basketball tournament. La Salle coach Topex Robinson, left, and Kevin Quiambao (UAAP Media) Big man Mike Phillips admitted Quiambao was...
The Board of Investments (BOI) announced on Wednesday, Sept. 4, that investments certified under the green lane program have surpassed P3 trillion. In a statement, BOI reported that 115 projects have been submitted to its One-Stop Action Center for Strategic Investments (OSACSI) as of August 2024,...
The integration of energy storage system in the forthcoming batch of renewable energy (RE) capacity auction will hike estimated reserve prices by P5.00 to P6.00 per kilowatt hour (kWh), according to the Department of Energy. Energy Undersecretary Rowena Cristina Guevara told reporters that the...
Client-awardees of the Renewable Energy Enabler Awards (REENA) bestowed by ACEN Managing Director and COO for Philippine Operations Miguel de Jesus and Ayala Corporation Chief Sustainability and Risk Officer Jaime Urquijo. A scion of the Zobel-led conglomerate has called on businesses...
The Board of Investments (BOI) has granted its green lane certificate to a ground-mounted solar farm in Mabini, Pangasinan. In a statement, the BOI said on Tuesday, Aug. 20, that the certification covers the 41.25-hectare Mabini solar power plant project owned by Spotlight Power Inc. (SPI) in Brgy....
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
The mammoth Terra Solar project of SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) group which will command aggregate investment of P190 billion has secured ‘green lane certification’ from the Board of Investments (BOI) that will enable it to avail of fast-tracked and...
The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). According to ERC Chairperson Monalisa C. Dimalanta, the scale of cost savings registered by RES...
A delivery timeframe of at least 3-5 years is being sought on the plan of the Department of Energy (DOE) for capacity tender of integrated renewable energy and energy storage system (IRESS) in the forthcoming green energy auction (GEA) round. In an interview with reporters, ACEN Corporation...
The Department of Energy (DOE) is scheduling fresh round of green energy auction (GEA) by the fourth quarter this year to cover the unsubscribed capacity in the last competitive bidding - and the distinctive feature of the forthcoming tender will be on packaging it as integrated renewable energy...
Hydrogène de France (HDF Energy) and partner-firms are targeting to invest $1.5 billion for the rollout of green hydrogen solutions across 15 project-sites in the country – primarily areas in Mindanao that are physically isolated from the main grid and have been relying heavily on diesel-fired...
