The Department of Energy (DOE) is engaging the relevant industry stakeholders so they can contribute insights and inputs in the updating of the Philippine Energy Plan (PEP) 2030-2050. The energy department advised that the Luzon leg of its information, education and communication (IEC) campaign on...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has fetched additional P16.76 billion worth of proceeds from the divestment of the power assets previously owned by its precursor-firm National Power Corporation. In a presentation to Congress, PSALM President and CEO...
By Henrylito D. Tacio Cargo ships and other large vessels have a special hidden compartment called a ballast tank. These are empty when the ship is loaded with cargo. They are filled with seawater as cargo is discharged to keep the ship afloat on rough seas. Usually, the ballast water is released at...
FPM Power Holdings (Singapore) Ltd., an affiliate of Manila Electric Company (Meralco), will be joining the tender being carried out by the Singaporean government for its planned capacity shoring up to meet future energy demand growth. According to Meralco Chairman and CEO Manuel V. Pangilinan, the...
With the robust financial performance of its power generation and retail electricity supply (RES) portfolios, the consolidated core net income of Manila Electric Company (Meralco) rose 47 percent to a record high of P19.205 billion in the first half of this year versus P13.088 billion in the same...
Listed firm Alternergy Holdings Corporation (Alternergy) is well on its way into building up its renewable energy (RE) portfolio after winning three additional contracts from the State-managed Green Energy Auction-2 (GEA-2) program. The awarded project-contracts to be covered by 20-year power supply...
Filipino firm Citicore Renewable Energy Corporation (CREC) emerged as one of the "big winners" in the recently concluded second Green Energy Auction (GEA-2) of the government, cornering 916.58 megawatts that will firmly cement its foothold as one of the emerging major players in the renewable energy...
The Department of Energy (DOE) has issued notice of awards (NOAs) to 105 winning bids in the second round of green energy auction (GEA-2), an exercise that partly fulfills the country's renewable energy (RE) development roadmap. The winning project-developers will be awarded with 20-year power...
Tiu-led Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has inked memorandum of agreement (MOA) with Austrian firm Gugler Water Turbines GMBH (“Gugler”) for targeted 320-megawatt seawater pumped storage hydro projects in the Philippines. REDC said...
US firm pushes RE-gas investment By MYRNA M. VELASCO Kansas-headquartered global engineering firm Black & Veatch is recommending renewable energy (RE) and gas-fired power combo investments to ensure the success of "energy transition journey" and as a pathway to net zero emissions being advanced by...
BONSAI BEAUTY The biggest bonsai exhibit is set to happen this June 10 Get ready for the grandest bonsai exhibition in Asia, presented by SM Mall of Asia (MOA) and the Philippine Bonsai Society, which will open on June 10 at the Music Hall of SM Mall of Asia. This year’s event is extra special as...
Consunji-led Semirara Mining and Power Corporation (SMPC), the country's largest producer of coal, is diversifying into liquefied natural gas (LNG) for the power generation segment of its business amid strong environmental, social, and governmental (ESG) pressures, according to the conglomerate’s...
