The Department of Finance (DOF) is open to consider the proposal to reevaluate the possibility of reactivating the mothballed Bataan Nuclear Power Plant (BNPP). In an effort to address the high electricity costs in the country, Finance Secretary Ralph G. Recto said the planned third-party...
TORONTO – The Nuclear Energy Program Inter-Agency Committee (NEPIAC) led by the Department of Energy (DOE) is seeking the concurrence of the Department of Finance (DOF) to a proposed deal with the South Korean government on a new feasibility study that must be undertaken to re-assess technical...
(Courtesy of OPAPRU) Two solar PV diesel hybrid power plant projects have recently been unveiled by the government and its donors in Tawi-Tawi to improve the residents’ access to reliable renewable energy sources and boost the island-province’s economy, the Office of the Presidential Adviser on...
Greenfield as well as expansion generating facilities of Aboitiz Power Corporation will be shoring up power supply in the country this year by additional 400 megawatts – mainly coming from its solar plants that will be reaching commercial stream in the months ahead. In a briefing with reporters,...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Irrigation Administration (NIA) have transferred ownership and operation of the Casecnan Hydroelectric Power Plant to Fresh River Lakes Corp. (FRLC). In a statement, First Gen Corp. announced on Monday,...
(Third from left) 4Ps Party-list Rep. Marcelino Libanan (Libanan's office) House Minority Leader 4Ps Party-list Rep. Marcelino “Nonoy” Libanan is hopeful that the revival of the 1MW Amanjuray Hydropower Plant in Eastern Samar will help ease the...
The Bureau of Plant Industry (BOI) of the Department of Agriculture (DA) disproved claims that excessively smuggled onions from Holland to Cagayan de Oro affected the local market prices. Arnold Dela Cruz, BOI Region X officer-in-charge and regional manager debunked on Saturday, Feb. 24, the...
BACOLOD CITY – Citicore Renewable Energy Corp. (CREC) has invested P3 billion for the expansion of their solar power plant in Barangay E. Lopez, Silay City, Negros Occidental. CREC President and Chief Executive Officer (CEO) Oliver Tan, CREC Chairman Edgar Saavedra, Silay City Mayor Joedith...
The Philippine Competition Commission (PCC) has given the greenlight for Fresh River Lakes Corporation, a subsidiary of the Lopez-controlled First Gen Corporation, to acquire Casecnan Hydroelectric Power Plant (CHEPP) The 165MW Casecnan hydroeletric power plant CHEPP is being sold by the...
The Department of Agriculture is projecting a strong harvest of high-quality onions this year, despite the presence of harabas or fall army worms, which have only had a slight impact on yields in Central Luzon. Agriculture Assistant Secretary Arnel de Mesa said that the onion farm output is...
The Department of Agriculture (DA) reported that the Philippines’ total export earnings from mongoes, avocados, and fresh durian exceeded the P5 billion mark last year. Citing data from the Bureau of Plant Industry (BPI), the DA said the country exported 12,548.49 metric tons of mangoes from...
The Department of Agriculture (DA) reported that the armyworm infestation has minimally affected the local onion farmers, further justifying the government's decision to temporarily halt onion importation. Data from the Bureau of Plant Industry (BPI) showed that out of the 10,217 hectares of onion...