ACEN Corporation, the energy investment arm of the Ayala group, will be issuing P30-billion worth of debt securities to bankroll its array of renewable energy projects. In a disclosure to the Philippine Stock Exchange (PSE), the company indicated that it will file an application with the Securities...
President Ferdinand "Bongbong" Marcos Jr. highlighted during his inaugural address Thursday, June 30, the famous wind farm project in Ilocos Norte as being his handiwork. (Photos from Wikipedia, MANILA BULLETIN) Marcos brought up the project while as he tackled environmental sustainability in his...
Bureaucratic and legislative kinks must be ironed out first before the incoming Marcos administration can allow the 100 percent foreign ownership of power generation ventures in the country. President-elect Bongbong Marcos (Noel Pabalate/ MANILA BULLETIN) President-elect Bongbong Marcos's...
Makati 2nd district Rep. Luis Campos Jr. is urging President-elect Ferdinand “Bongbong” Marcos Jr. to develop offshore wind farms in the West Philippine Sea (WPS) following Marcos’s meeting with the Norwegian Ambassador. Bangui Wind Farm (Wikipedia) “Offshore wind farms in the West...
Green transition and sustainability. Ambassador Grete Sillasen of Denmark (BBM Media Bureau) These were the key points discussed during the courtesy call of Ambassador Grete Sillasen of Denmark to President-elect Bongbong Marcos on Monday, June 13, at the BBM headquarters in Mandaluyong City....
The Department of Energy (DOE) is requiring "indivisibility" or "no competing supply contract" for the capacity generation that qualified bidders will be offering in the government's Green Energy Auction Program (GEAP) slated this June 17. According to Energy Assistant Secretary Redentor Delola,...
The incoming Marcos administration and the government of Germany are on the same page when it comes to the matter of renewable energy (RE). Bangui Wind Farm (Wikipedia) This can be gleaned from the remarks of Germany's Ambassador to the Philippines Anke Reiffenstuel, who faced reporters in a short...
(MANILA BULLETIN) Expect scattered rain showers and thunderstorms over Metro Manila and other parts of western Luzon in the next 24 hours due to the prevalence of the southwesterly surface wind flow, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration...
Ayala-led ACEN Corporation is ramping up its renewable energy (RE) portfolio investments portfolio target across Asian markets to 18,000 megawatts (MW), a mammoth 13,000MW expansion from its original development plan of 5,000MW through year 2025, making it the biggest capacity build-up by a power...
(MANILA BULLETIN) Most parts of the country are expected to continue to have generally fair weather in the next 24 hours, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Monday, April 18. As of Monday morning, the northeasterly surface wind flow, or...
(MANILA BULLETIN) The northeasterly surface wind flow or slight breeze coming from the northeast will continue to prevail over the extreme portion of northern Luzon in the next 24 hours, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Sunday, April...
No tropical cyclone is expected to develop near or inside the Philippine area of responsibility (PAR) in the next three days, said the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) on Saturday, April 16. (Screengrab / PAGASA YouTube Page) “For the next...
