By Myrna M. Velasco Investors on pipelined offshore wind developments in the country are amenable to a P10 to P16 per kilowatt hour (kWh) prospective reserve price for contracted capacity on their projects once the green energy auction (GEA) for the technology will be carried out by the Department...
Camarines Sur 2nd district Rep. LRay Villafuerte (Rep. Villafuerte's office) Camarines Sur 2nd district Rep. LRay Villafuerte has highlighted the potential benefits that the province's 7,668-megawatts (MW) offshore wind (OSW) projects will provide to...
Many offshore wind investors may end up abandoning their proposed projects as both government and private sector advocates have been intensifying calls and activities for reinforced protection of the Verde Island Passage (VIP). A highly placed source indicated that a multinational company along...
Sponsor-firms of offshore wind farm projects will have to prepare for a tedious process of securing two-tiered environmental compliance certificates (ECCs) from the Department of Environment and Natural Resources (DENR) – and that shall comprise of an interim ECC during pre-development phase;...
The Department of Environment and Natural Resources (DENR) will be reviewing environmental compliance certificates (ECCs) that have been issued to offshore wind (OSW) project-developers prior to enforcement of the interim guidelines governing the development of these renewable energy (RE)...
The Philippine government is exploring the possibility of tapping into a Japan fund under the Joint Crediting Mechanism (JCM) that is managed by the Asian Development Bank (ADB), for planned pilot venture into hydrogen that maybe pursued by the country moving forward. According to DOE Director...
Ayala-led ACEN Corp. is injecting more capital into its six subsidiaries to bolster the development of renewable energy (RE) projects in the country. ACEN, in its filings with the Philippine Stock Exchange, said that it has entered into agreements for the purchase of unissued shares in Giga Ace 6,...
The Department of Energy (DOE) will submit to the Asian Development Bank (ADB) within this month the 10th candidate-port that must be covered in the pre-feasibility study aimed at repurposing these support facilities to service the needs of the flourishing billion-dollar offshore wind industry in...
State-run Philippine National Oil Company (PNOC) has penciled in up to P5.0 billion worth of capital outlay for the repurposing of its Energy Supply Base (ESB) port facility in Mabini, Batangas, so it could be lined up for the logistics needs as well as to underpin support services to the thriving...
DUBAI, UAE – As the JOBS4RE initiative has started gaining high-powered support from various countries as well as development-partners, the Philippines is joining peers in the world on this transformative movement that will address glaring gap on the technical as well as professional skills that...
DUBAI, UAE – The Philippine government will aggressively work on international certifications for the targeted 9.0 million “green jobs” in the country through planned upskilling and right-skilling of Filipino workers so they can be gainfully employed not just in the clean energy sector of the...
The Energy Secure Philippines (ESP) project of the United States Agency for International Development (USAID) is extending development assistance to the Philippine government for the right-skilling and upskilling of workers in the flourishing offshore wind industry of the country. The American aid...
