Solana Solar Alpha Inc. (Solana Solar), a subsidiary of Altenergy, has cemented a power supply agreement with Villar-led retail electricity supplier company Kratos RES Inc. Under the agreement, Solana Solar will supply Kratos RES with 10-megawatt and up to 20 MW of clean and renewable power from the...
The second green energy auction (GEA-2) administered by the Department of Energy (DOE) logged a relatively low turnout with bidders subscribing 3,580.76 megawatts only or just roughly 30-percent of the 11,600MW total capacity offered to investors for delivery within 2024-2026 timeframe. Preliminary...
Transmission firm National Grid Corporation of the Philippines (NGCP) is advancing its plea for regulatory support -- primarily on the removal of caps and for the timely approval of its capital expenditure (capex) program, so it can inject much-needed investments for the massive-scale integration of...
ILOILO CITY – The provincial government of Iloilo is implementing renewable energy projects worth P30 million for this year, Gov. Arthur Defensor Jr. said. THE renewable energy programs of the Iloilo provincial government during a recent forum organized by the Regional Development Council (RDC)-6...
The auction of 11,600 megawatts of RE capacity scheduled this month will prove to be an "acid test" for the accelerated renewable energy (RE) development roadmap designed by the Marcos administration. The Department of Energy (DOE), which will administer the RE capacity tendering for the second...
Energy resource developer Philippine Geothermal Production Company Inc. (PGPC), a subsidiary of Sy-led SM Investments Corporation (SMIC), will be spending P3 billion annually for the expansion of its geothermal exploration and production ventures to double its capacity to 600 megawatts. In a media...
Listed firm Basic Energy Corporation is eyeing to develop a 155-megawatt onshore wind farm power facility that will straddle sites in San Joaquin and Miag-ao in Iloilo; and also at Hamtic in Antique. The company apprised the Philippine Stock Exchange (PSE) that it just recently secured the approval...
Cost downtrend to spur rollout of hydrogen as energy fuel By MYRNA M. VELASCO THE HAGUE – Significant cost downtrend and further improvements in technological innovation are warranted before hydrogen could gain headway for commercial rollout into markets, according to multinational energy giant...
The increasing adoption of artificial intelligence (AI) and metaverse is seen as game-changing factor that will trigger exponential rise in the energy demand of data centers due to the high-powered computing usage of hyperscalers. According to Victor Emmanuel S. Genuino II, president and CEO of...
ILOILO CITY – The Department of Energy (DOE) has noted that Western Visayas only has a 28 percent of renewable energy utilization rate since 2021. THE Regional Development Council (RDC)-6 holds an Investment Forum on Renewable Energy in Iloilo City. (Tara Yap) Based on the National Renewable...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
The Department of Energy (DOE) will be issuing a circular to outline the audit parameters on the performance of system operator National Grid Corporation of the Philippines (NGCP) as a concessionaire of the country’s power transmission network. On the sidelines of the ongoing Philippine Onshore...
