Alternergy Holdings Corp. has teamed up with Shanghai-based Envision Energy to acquire next generation wind turbine generators (WTG) for two wind power projects in Luzon. In a statement, Alternergy said that, following a rigorous tender process and thorough due diligence, Envision will be supplying...
The Philippine government is exploring the possibility of tapping into a Japan fund under the Joint Crediting Mechanism (JCM) that is managed by the Asian Development Bank (ADB), for planned pilot venture into hydrogen that maybe pursued by the country moving forward. According to DOE Director...
TACLOBAN CITY – The province of Northern Samar aims to become the wind energy capital of the Philippines with the implementation of a P108-billion wind energy project by an offshore company. GOV. Edwin Ongchuan (second from left) listens to a presentation on a P108-billion wind energy...
Ayala-led ACEN Corp. is injecting more capital into its six subsidiaries to bolster the development of renewable energy (RE) projects in the country. ACEN, in its filings with the Philippine Stock Exchange, said that it has entered into agreements for the purchase of unissued shares in Giga Ace 6,...
The Department of Energy (DOE) will submit to the Asian Development Bank (ADB) within this month the 10th candidate-port that must be covered in the pre-feasibility study aimed at repurposing these support facilities to service the needs of the flourishing billion-dollar offshore wind industry in...
State-run Philippine National Oil Company (PNOC) has penciled in up to P5.0 billion worth of capital outlay for the repurposing of its Energy Supply Base (ESB) port facility in Mabini, Batangas, so it could be lined up for the logistics needs as well as to underpin support services to the thriving...
Described as the company’s critical milestone, the Alabat and Tanay wind projects of the Alternergy Tanay Wind Corp. (ATWC) received certificates of award (COA) from the Department of Energy (DOE) for being the winning bids under the Green Energy Auction 2 (GEA-2). In a disclosure to the...
DUBAI, UAE – As the JOBS4RE initiative has started gaining high-powered support from various countries as well as development-partners, the Philippines is joining peers in the world on this transformative movement that will address glaring gap on the technical as well as professional skills that...
DUBAI, UAE – The Philippine government will aggressively work on international certifications for the targeted 9.0 million “green jobs” in the country through planned upskilling and right-skilling of Filipino workers so they can be gainfully employed not just in the clean energy sector of the...
Altenergy Holdings Corp., a renewable power pioneer, has chosen K2 Management (K2M), an energy transition project management and engineering consultancy firm with headquarters in Denmark, to develop and construct two wind projects in the Philippines. In a disclosure to the Philippine Stock...
Ayala-led ACEN Corporation has inked P20 billion worth of term loan facility that will be used mainly to bankroll ongoing renewable energy (RE) projects as well as for general corporate purposes. According to the company, the debt facility has 10-year repayment term, but the lender-banks have not...
The Energy Secure Philippines (ESP) project of the United States Agency for International Development (USAID) is extending development assistance to the Philippine government for the right-skilling and upskilling of workers in the flourishing offshore wind industry of the country. The American aid...
