Listed firm Alternergy Holdings Corporation (Alternergy) is well on its way into building up its renewable energy (RE) portfolio after winning three additional contracts from the State-managed Green Energy Auction-2 (GEA-2) program. The awarded project-contracts to be covered by 20-year power supply...
Filipino firm Citicore Renewable Energy Corporation (CREC) emerged as one of the "big winners" in the recently concluded second Green Energy Auction (GEA-2) of the government, cornering 916.58 megawatts that will firmly cement its foothold as one of the emerging major players in the renewable energy...
The Department of Energy (DOE) has issued notice of awards (NOAs) to 105 winning bids in the second round of green energy auction (GEA-2), an exercise that partly fulfills the country's renewable energy (RE) development roadmap. The winning project-developers will be awarded with 20-year power...
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...
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...
Buhawind Energy, a joint venture of Yuchengco-led PetroGreen Energy (PGEC) and Danish firm Copenhagen Energy (CE), has kicked off evaluation of the port support facility for the development of its 2,000 megawatts of offshore wind farm (OSW) project in Ilocos Norte. The company said collaboration...
The Department of Energy (DOE) indicated that it will soon issue policy and administrative frameworks that will guide investors into navigating the tumultuous and rough waters of offshore wind (OSW) investments following strong interests for gigawatt-scale projects in the country. “We are working...
A "differentiated pricing" is being proposed on the offshore wind (OSW) technologies that shall be deployed for projects in the country to consider divergent cost calculations on tariffs for the fixed bottom and floating OSW solutions. In a briefing with the media, Pierre-Antoine Tetard, vice...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
As it continued to intensify on Thursday evening, May 25, super typhoon Mawar may reach its peak intensity of 215 kilometers per hour within 24 to 36 hours, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) in its latest bulletin. Based on PAGASA’s 11...
Tropical cyclone wind warnings may be issued over extreme Northern Luzon in anticipation of strong winds from typhoon Mawar, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said on Wednesday, May 24. According to PAGASA weather specialist Ana...
The typhoon with the international name Mawar may strengthen the southwesterly wind flow, which will bring significant rainfall to a large portion of the archipelago this weekend, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Tuesday, May 23....
