The Department of Energy (DOE) has cleared Manila Electric Co. (Meralco) to bid out a 200-megawatt (MW) renewable energy (RE) supply contract as way to expand its clean energy portfolio. The DOE approved the competitive selection process (CSP) for the 200 MW, which allows Meralco to invite power...
Aboitiz Upgrade Solar Inc. (AUSI), the joint venture between Aboitiz Power Distributed Renewables, Inc. and Upgrade Energy Philippines (UGEP), has partnered with Alphaland Corporation’s Balesin Island for the launch of a new three-hectare ground-mounted solar farm. Once completed, the 4.1...
Amid concerns over proposed renewable energy (RE) project in a protected landscape in Samar, the Department of Energy (DOE) clarified that energy infrastructure may proceed as long as it secures the necessary regulatory approvals. In a statement on Tuesday, Sept. 30, Energy Secretary Sharon Garin...
The Department of Energy (DOE) has launched a process for awarding renewable energy service contracts (RESCs) that would promote transparency, competitiveness, and efficiency in the renewable energy (RE) sector. In a statement on Wednesday, Sept. 24, the DOE announced the adoption of the Open and...
Melbourne, Australia—The World Bank Group is helping the Energy Regulatory Commission (ERC) tighten cost controls, primarily for indexation, on firming up a financial model that will make offshore wind projects commercially viable ahead of the 5th green energy auction (GEA-5) that will be...
Melbourne, Australia—After the 5th green energy auction (GEA) for 3.3 gigawatts of offshore wind wraps up this year, the Department of Energy (DOE) is gearing up to launch at least four more renewable energy (RE) capacity tenders so it can open wider doors of opportunity for interested local and...
Meralco 's power generation arm, Meralco PowerGen Corp. (MGen), is looking to expand into Malaysia, citing the country’s rising demand for power, particularly from the growing data center industry. MGen President and Chief Executive Officer Emmanuel Rubio stated in a media roundtable that...
Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines ' goal of increasing clean energy in its generation mix. SEPH President and Chief Executive Officer Bernd Krukenberg told the Manila Bulletin that...
The power generation arm of Manila Electric Co. (Meralco) has secured two engineering, procurement, and construction (EPC) deals to advance a new battery energy storage system (BESS) project in Toledo, Cebu. In a statement on Thursday, Meralco PowerGen Corp. (MGen) announced it has signed an EPC...
Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
ILOILO CITY — The province of Iloilo is potentially becoming a major area for renewable energy (RE) projects. During the recent Road to “Renewables: Conversations on Energy Transition," the Department of Energy (DOE) in the Visayas disclosed that almost 1,400 megawatts (MW) of offshore wind...
Citicore Renewable Energy Corp. (CREC) has secured the largest number of projects in the preliminary results of the Department of Energy’s (DOE) fourth Green Energy Auction (GEA-4). The DOE’s advisory listed CREC, along with Ramon Ang-led SMC Global Light and Power Corp. and Joy-Nostalg Solaris...
