The Energy Regulatory Commission (ERC) has already kicked off focus group discussion (FGD) and preliminary studies for the next round of green energy auction (GEA) that will integrate both renewable energy-generated capacities and energy storage systems. According to ERC Chairperson Monalisa C....
The Department of Energy (DOE) has cornered at least 13 offers for renewable energy (RE) projects across hydro, geothermal and wind energy technologies that had been auctioned via the 4th Open and Competitive Selection Process (OCSP4) carried out by the agency. The energy department conveyed that...
Investors can now expect greater clarity and transparency in the upcoming Green Energy Auction (GEA-3) program, scheduled for November this year, as the Department of Energy (DOE) announced an end to the "tariff guessing game." To provide a more predictable framework, the DOE said it will be issuing...
The Department of Energy (DOE) is targeting to issue bidding guidelines for the inclusion of renewable energy (RE) projects previously dislodged from the feed-in-tariff (FIT) incentive system in the Green Energy Auction Program (GEAP). In a draft Circular furnished to relevant industry stakeholders,...
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...
The second green energy auction (GEA-2) administered by the Department of Energy (DOE) logged a relatively low turnout with bidders subscribing 3,580.76 megawatts only or just roughly 30-percent of the 11,600MW total capacity offered to investors for delivery within 2024-2026 timeframe. Preliminary...
The auction of 11,600 megawatts of RE capacity scheduled this month will prove to be an "acid test" for the accelerated renewable energy (RE) development roadmap designed by the Marcos administration. The Department of Energy (DOE), which will administer the RE capacity tendering for the second...
118 qualified firms eyeing to join 2nd RE auction By Myrna M. Velasco The Department of Energy (DOE) is set to hold its second Green Energy Auction (GEA-2) on June 19 which attracted a remarkable number of potential bidders. A total of 118 qualified companies have expressed interest in bidding for...
The Energy Regulatory Commission (ERC) is considering to enforce a "differentiated pricing" for the waste-to-energy (WTE) capacities to be offered under the Green Energy Auction (GEA) program of the government. ERC Chairperson Monalisa C. Dimalanta admitted that the issuance of green energy auction...
COPENHAGEN- The joint venture of Danish firm Copenhagen Energy A/S (CE) and Yuchengco-led PetroGreen Energy Corporation under corporate vehicle Buhawind Energy will be investing €8.0 billion to €12 billion, approximately P493.8 billion to P740.8 billion, for three offshore wind projects in the...
