State-run Philippine National Oil Company (PNOC) has inked a preliminary deal with Singapore-based firm Moorfields Capital Pte Ltd for targeted deployment of aquavoltaic technology as one of the innovative solutions for the country’s energy future. The memorandum of understanding (MOU) was firmed...
Ayala-led ACEN Corporation will be rolling out $1.6 billion worth of capital for 1,600 megawatts (1.6 gigawatts) of greenfield renewable energy (RE) projects that it will be advancing at its home base in the Philippines, as well as in India and Australia. In a media briefing, ACEN President and CEO...
China-headquartered Trina Solar, which has suite of businesses on solar photovoltaics (PVs) and energy storage solutions, will be providing solar cell panels to underpin the commercial developments of the solar projects of PetroGreen Energy Corporation (PGEC), the renewable energy investment arm of...
Equity acquisition in existing renewable energy (RE) projects had driven up the net income of Yuchengco-led PetroEnergy Resources Corporation (PERC) by 9.0% last year to P944 million from P863 million in 2022. The corresponding portfolio boost, according to the company, likewise shored up its...
The Department of Energy (DOE) will be studying cost implications as well as supply reinforcement impact of the forthcoming innovations for energy storage systems (ESS) before integrating a pie of ‘renewable energy + ESS’ in the forthcoming green energy auction (GEAs) for RE projects. Energy...
Reinforcing the stream of ‘clean energy finance’ for emerging economies is seen as the major stimulus on concretizing the major commitments in last year’s climate change summit and must also top the agenda in this year’s COP29 in Baku, Azerbaijan. Dr Fatih Birol, executive director of the...
A new chapter in the professional métier of industry hotshot Emmanuel “Manny” V. Rubio will be unfolding soon, as whispers are getting louder on his appointment as the next chief executive officer of Meralco PowerGen (MGen), the power generation investment arm of Manila Electric Company...
The glue on the partnership of the Department of Energy (DOE) and Department of Science and Technology (DOST) has been solidified for the advancement of research and development (R&D) for suite of technological innovations, automation of data management processes as well as georisk mapping for...
Lopez-led First Gen Corporation will be turning the stretch of its hydropower complex in Pantabangan, Nueva Ecija as a ‘mecca of green energy’, with new sites around the area already tagged for its planned solar and wind farm installations that will be amalgamated with battery energy storage...
Sen. Ramon "Bong" Revilla Jr. on Tuesday, April 2 praised President Marcos' creation of an inter-agency committee that will be tasked to oversee the government's right-of-way (ROW) activities for the country’s various railway projects. Under Administrative Order No. 19 s. 2024 recently...
Renewable energy (RE) developments in the Alabat Wind Power Project are in full swing, as the Alabat Wind Power Corp. (AWPC) signed an interconnection agreement with the National Grid Corporation of the Philippines (NGCP). The agreement between the grid firm and the subsidiary of Alternergy...
Over 20 Public-Private Partnership (PPP) projects will be submitted for the approval of the National Economic and Development Authority’s Investment Coordination Committee’s (NEDA-ICC) this year. PPP Center Executive Director Ma. Cynthia C. Hernandez, during a press conference at the signing of...
