Lopez-led Energy Development Corporation (EDC) has formally pulled out its concession for geothermal resource exploration in Peru, citing turbulent political situation in that Latin American energy market as the main reason for such investment decision. The company - via its parent firm First Gen...
The Department of Energy (DOE) is enforcing the conduct of "port capacity assessment" as one of the major requirements that offshore wind (OSW) investors have to accomplish and submit to the government as part of their applications for project-permitting. That has been one of the key stipulations...
COPENHAGEN - The final investment decision (FID) of multinational energy giant Royal Dutch Shell for its offshore wind (OSW) ventures in the Philippines will largely depend on the tariff rate that regulators will be implementing, according to a key executive of the company. In an interview, Sarah...
COPENHAGEN - The Danish government and its private sector players have expressed willingness to participate in prospective public-private partnership (PPP) as well as extending concessional loans to various sub-segments of the emerging offshore wind (OSW) industry and in energy infrastructure...
The government, through the Department of Energy (DOE), will demarcate the specific functions and responsibilities to be assumed by the national government agencies (NGAs) as well as local government units (LGUs) in hosting and on the permitting processes for offshore wind farm installations;...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
COPENHAGEN – Danish solar firm Obton A/S is eyeing to join a growing number of solar power investors in the thriving renewable energy sector of the Philippines. According to Philippine Ambassador to Denmark Leo M. Herrera-Lim, apart from wind, the solar part of RE developments has also been...
COPENHAGEN – A government-to-government collaboration is currently being discussed between the Philippines and Denmark for an "advisory work" that the Danish Energy Agency (DEA) could extend to the emerging offshore wind industry of the Philippines. In meetings with various relevant agencies in...
COPENHAGEN- The joint venture of Danish firm Copenhagen Energy A/S (CE) and Yuchengco-led PetroGreen Energy Corporation under corporate vehicle Buhawind Energy will be investing €8.0 billion to €12 billion, approximately P493.8 billion to P740.8 billion, for three offshore wind projects in the...
COPENHAGEN - The government, through the Department of Energy (DOE), is seen pushing for "state financing" to fast track grid integration of large-scale renewable energy and other power projects that must be developed within the Marcos administration. In his speech at the WindEurope 2023...
COPENHAGEN -- An “Asian training hub’ in the Philippines for upskilling and reskilling of talents in the offshore wind industry is being explored with private Danish firms as well as the government of Denmark, so there will be an institution where pool of talents can gain broader expertise on...
