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...
Offshore wind investors from Spain, the United Kingdom, as well as other European countries are already storming out of the door when it comes to their targeted investments in the Philippines’ offshore wind sector, a highly placed source has affirmed. The source conveyed that “many European...
The Department of Energy (DOE) announced that the Atlantic, Gulf & Pacific Co. of Manila Inc. (AG&P) is ready to help the Philippines in its pursuit of offshore wind (OSW) developments. In a statement on Wednesday, June 4, the DOE shared that AG&P would support the country’s port infrastructure,...
The ongoing study of the Philippine Ports Authority (PPA) on at least three regional port facilities that will serve as support infrastructure to the emerging offshore wind industry in the power sector had hit chokepoints, including budget constraints for two of them; while the plug had been pulled...
Yuchengco-led PetroEnergy Resources Corp. (PERC) announced that the Northern Luzon offshore wind (OSW) in Ilocos Norte has been granted a pre-development environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR). In a disclosure to the Philippine...
Rainfall warnings have been issued for several Luzon areas as the frontal system and southwesterly wind flow are expected to bring scattered to heavy rain and thunderstorms over the weekend, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Friday,...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the southwesterly wind flow began affecting parts of Luzon on Thursday, May 29. PAGASA weather specialist Benison Estareja explained that the southwesterly wind flow is considered the initial phase of the...
