The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Publicly listed Alternergy Holdings Corporation (Alternergy) had engaged China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI), along with its Philippine subsidiary GEDI Construction Development Corporation (GCDC) as engineering, procurement and construction (EPC)...
ILOILO CITY – The Department of Science and Technology is partnering with two universities to pilot a wind-turbine project in Concepcion, Iloilo. DOST-Iloilo Provincial Director Engr. Sheila Oberio, DOST-6 head of Research and Development Section, CPU representatives, and NISU-AREC...
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
With its continuous commitment to uphold climate action and the mission to expedite the transition of energy across the Asia Pacific region, Vena Energy expresses support for the country’s effort and active promotion of renewables in the energy mix, lowers prices, employment increases, and...
Sponsor-firms of offshore wind farm projects will have to prepare for a tedious process of securing two-tiered environmental compliance certificates (ECCs) from the Department of Environment and Natural Resources (DENR) – and that shall comprise of an interim ECC during pre-development phase;...
The Department of Environment and Natural Resources (DENR) will be reviewing environmental compliance certificates (ECCs) that have been issued to offshore wind (OSW) project-developers prior to enforcement of the interim guidelines governing the development of these renewable energy (RE)...
Power supply in the country will be shored up by 3,309 megawatts this year from new generating facilities; plus 334 megawatts that shall be drawn from battery energy storage systems (BESS), according to the Department of Energy. As culled from the department’s data, bulk of the capacity additions...
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,...
