Once the Philippines concretizes its gigawatt-scale offshore wind farm installations, the Department of Energy (DOE) casts the country’s grand ambition of exporting renewable energy (RE) capacity to Singapore and other neighbors in the Southeast Asian region. According to Energy Secretary Raphael...
The government will be courting foreign and local private investors that will inject up to P500 billion worth of capital outlay for the planned Smart Green and Grid System (SGGS) or the parallel grid that will underpin massive investments in the country’s emerging offshore wind industry. In a...
The government of Denmark will be actively helping the renewable energy (RE) sector of the Philippines for the upskilling and reskilling of at least 50,000 Filipino workers who can then be employed not just domestically but also for overseas energy markets; and that is in line with the greater goal...
Danish investors who are staking huge capital in the country’s renewable energy (RE) sector are batting for clear and transparent rules that shall be instituted by the Philippine government on foreshore and seabed lease arrangements, primarily for offshore wind (OSW) farm installations. In an...
A legal opinion is being sought from the Department of Justice (DOJ) on a targeted memorandum of agreement (MOA) that shall be signed by the Department of Energy (DOE) with the Department of Environment and Natural Resources (DENR) to sort out the concerns of investors on foreshore and seabed...
The Philippine Amusement and Gaming Corp. (Pagcor) has warned the public about the emergence of unlicensed offshore gaming in the country that has the potential to jeopardize one's personal and financial information. In a statement, the government's gaming regulator and operator announced the...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
Investors from Norway and the United Kingdom who are placing their investment bets in the offshore wind industry of the Philippines have been reinforcing collaboration initiatives with the Philippine government on sorting out major bottlenecks that could stifle planned capital flow in the nascent...
Foreign investors in the offshore wind industry are being perturbed with another round of policy uncertainty being thrown their way – this time, it is on the plan of the Department of Environment and Natural Resources (DENR) to enforce "seabed lease" for them to secure rights for ocean floor or...
Foreign investors in the renewable energy (RE) sector, especially those who applied for 100-percent foreign ownership n offshore wind (OSW) service contracts, are facing snag due to the foreshore land lease policy of the Department of Environment and Natural Resources (DENR). This investment dilemma...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
Buhawind Energy, a joint venture of Yuchengco-led PetroGreen Energy (PGEC) and Danish firm Copenhagen Energy (CE), has kicked off evaluation of the port support facility for the development of its 2,000 megawatts of offshore wind farm (OSW) project in Ilocos Norte. The company said collaboration...
