The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Publicly listed Alternergy Holdings Corporation (Alternergy) had engaged China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI), along with its Philippine subsidiary GEDI Construction Development Corporation (GCDC) as engineering, procurement and construction (EPC)...
Ayala-led ACEN Corporation has clinched ‘B’ rating from CDP, a non-profit global entity which is authoritatively handling the disclosure platform for climate change impacts of investors, corporates and even government instrumentalities like cities and states. According to the company, its new...
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
The Department of Energy (DOE) will be offering 8,200 megawatts of renewable energy (RE) capacities in the fourth round of green energy auction (GEA-4) to be administered by the latter part of this year. In her remarks during an Energy Transition forum convened by Climate Smart Ventures (CSV),...
An Executive Order (EO) mandating state-run National Transmission Corporation (TransCo) to build transmission facilities to underpin the wheeling of generated capacities from renewable energy (RE) facilities will be issued soon by President Marcos. In an exclusive interview on the sidelines of the...
President Marcos has approved 23 new infrastructure flagship projects (IFPs), including the Davao City Bypass. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary Arsenio Balisacan (Photo courtesy of Bongbong Marcos) "We've approved 23 new IFPs, including the Davao City Bypass...
The Marcos administration’s economic team removed 36 infrastructure flagship projects (IFPs) but added 23 new projects under the Build Better More program, the National Economic and Development Authority (NEDA) said. The NEDA board, chaired by President Marcos, has reduced the number of IFPs from...
ILOILO CITY – The Japan International Cooperation Agency (JICA) recently opened agro-forestry facilities worth P109 million in central Iloilo province. A MOUNTAIN community in Calinog town, Iloilo province is one of the recipients of the P109-million agro-forestry projects funded by the Japan...
After working on a moving target for years, power utility giant Manila Electric Company (Meralco) has finally cemented its sustainability-linked investments to P100 billion – with capital infusion fundamentally targeted for the company’s smart grid journey as well as renewable energy (RE)...
The Department of Environment and Natural Resources (DENR) will be reviewing environmental compliance certificates (ECCs) that have been issued to offshore wind (OSW) project-developers prior to enforcement of the interim guidelines governing the development of these renewable energy (RE)...
The interest of foreign investors in the country’s renewable energy (RE) sector is still at its wobbly pace, hence, the Department of Energy (DOE) is sorting out strategies to whet their appetite for fresh wave of capital infusion – and one game plan it is pursuing will be business-to-business...
