Cebu-based Vivant Energy Corp. (VEC) has acquired a 100 percent stake in Samar Philippines Renewable Corporation, giving the power firm full control of a 200-megawatt (MW) utility-scale wind development in the central Philippines. In a statement on Wednesday, June 24, VEC said the full buyout of...
The Global Wind Energy Council (GWEC), an international wind industry association, has identified strategic investments in port infrastructure as the critical catalyst for unlocking billions of dollars in the Philippines’ offshore wind (OSW) sector. In its latest report released on Monday, June...
SINGAPORE — The Philippines is among the countries best positioned to help meet Asia’s rapidly growing electricity needs, with its rich geothermal resources as well as expanding wind and solar sectors offering significant potential for renewable energy (RE) development, according to...
There are non-renewable energy sources, which primarily rely on fossil fuels, and renewable energy sources which are derived from naturally replenished resources. If you are considering which renewable energy sources to explore, you may wish to follow the advice of Nobel Prize-winning...
BACOLOD CITY – The Bago Negros Energy Corp. (BNEC) broke ground for the construction of the 150-megawatt (MW) wind power project, the first of its kind in Negros Island Region, in a ceremony held in Barangay Calumangan on Wednesday. With a total initial project cost of P9.78 billion, the BNEC...
German Paz was seen wearing a wide smile while retrieving the sailboard used by Dhenver Castillo on the final day of the windsurfing races in the 6th Asian Beach Games. He wasn’t the first to celebrate, as he still had duties to attend to, but everyone knew he was the happiest. After all, his...
The Department of Energy (DOE) opened the application window for its delayed offshore wind auction, kickstarting a multi-gigawatt procurement process intended to accelerate the country’s transition toward clean power generation. Under the revised timeline for the fifth round of the Green Energy...
The trough or extension of a tropical storm outside the Philippine area of responsibility (PAR) and the prevailing southwesterly wind flow continued to bring rains over large parts of the Visayas, Mindanao, and Palawan on Thursday, May 28, according to the Philippine Atmospheric, Geophysical and...
House Committee on Nuclear Energy Chairman Pangasinan 2nd district Rep. Mark Cojuangco didn 't mince words as he gave his opinion about the Department of Energy 's (DOE) policy on renewable energy (RE). Speaking during the joint hearing of the Committees on Energy and on Legislative...
The trough or extension of a low-pressure area (LPA) will continue to bring cloudy skies with scattered rains and thunderstorms over parts of the country until early next week, before a southwesterly windflow begins affecting the western sections of the country in the latter part of the week, the...
In the Philippine energy sector, ‘greed integration’ isn’t subtle anymore. It has been stamped in black and white with the jaw-dropping ₱11/kWh offshore wind price recently approved by the Energy Regulatory Commission (ERC). This rate applies to the targeted 3,300-megawatt capacity auction...
LONDON, England – As governments double down on offshore wind from Europe to the Asian markets, discussions are no longer just about gigawatt installations and climate targets. They have shifted toward a harsher reality: escalating curtailments that leave turbines idle and waste billions in...
