Danish fund manager Copenhagen Infrastructure Partners (CIP) will build a $3-billion offshore wind farm project in Camarines Sur, Malacañang announced. The Palace said it will be the company 's first offshore wind development project in Southeast Asia. The deal was announced after President...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said Monday, Oct. 6, that the northeasterly wind flow is currently prevailing over parts of the country, which brings slightly cooler air and serves as an early signal that the country is moving toward the...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Wednesday, Oct. 1 said Tropical Depression Paolo may generally move west-northwestward and could make landfall over Isabela or northern Aurora by Friday morning or afternoon, Oct. 3. In its 11 a.m....
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Sept. 26 said tropical cyclone wind warnings were lifted or downgraded in some areas as Severe Tropical Storm Opong (international name: Bualoi) moved over the West Philippine Sea. According to...
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...
Melbourne, Australia – What does it take for us to disrupt the wind stream in our oceans, especially when so many projects in major markets are delayed, renegotiated, or scrapped before they even set sail? That’s the formidable puzzle that steered debates at the recently concluded APAC Wind...
Melbourne, Australia – The Philippines’ commitment to offshore wind is about to face its ultimate test. In the coming months, the country’s green energy auction (GEA) for this technology will kick off, separating the “brave soul investors” from those who will quit before the competition...
The Department of Energy (DOE) is delaying the country’s first-ever renewable energy auction dedicated to offshore wind to the fourth quarter, as the agency works to address stakeholders’ concerns on a new provision embodied in the proposed terms of reference (TOR). From the previously slated...
Severe Tropical Storm Emong (international name: Co-may) continues to weaken as it traverses the Cordillera Central and is now poised to exit the Luzon landmass via the Babuyan Channel, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). In its 11...
The Department of Energy (DOE) said there is significant interest from private port developers in establishing facilities for incoming offshore wind (OSW) projects under the fifth round of the Green Energy Auction (GEA-5). Energy Assistant Secretary Mylene Capongcol told reporters that the success...
The Department of Energy (DOE) is urging renewable energy (RE) developers to submit their infrastructure plans early for the fifth Green Energy Auction (GEA-5). In a statement on Tuesday, July 1, the DOE said the early submission aims to facilitate inter-agency coordination and minimize the risk of...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...
