Rising summer temperatures and threats of power service interruptions amid surging electric bills could really trigger disappointments among us as we yearn for a “more hopeful story” that can rescue us from these predicaments. On March 31 this year, a bit of that “hope” came to light with...
President Ferdinand "Bongbong" Marcos believes that the Philippines no longer needs large-scale energy projects such as the Bataan Nuclear Power Plant with the birth of battery farms. Marcos made the statement as he graced the inauguration of Global Power’s Battery Energy Storage System (BESS)...
The Department of Energy (DOE) has snubbed hydrogen as a form of innovative energy storage that the entire Philippine power supply chain can prospectively lean on for efficient and reliable operations into the future and despite the fact that this storage technology is already the center of...
China to join nuclear, RE euphoria in PH By MYRNA M. VELASCO China is the latest country to join the renewed investment euphoria for nuclear power technology in the Philippine energy sector, as prompted by the recent state visit of President Ferdinand Marcos Jr. in that Asian super power nation....
Solar Pacific Energy Corporation (Solar Pacific), a subsidiary of Filipino-led firm Alternergy, is eyeing the completion of its solar photovoltaic (PV) and battery energy storage system (BESS) installation in the Republic of Palau by next year, marking the company’s investment debut in the...
Aboitiz Power Corporation broke new ground on its 49-megawatt (MW) battery energy storage system (BESS) installation in the country, as it has pioneered this venture on a distinctive floating platform at its project site in Maco, Davao de Oro. Therma Marine Inc. (TMI), a subsidiary of Aboitiz...
The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a "generation" capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being...
Battery energy storage system (BESS) can now be prudently positioned as a technology solution that can thrive on a cost-competitive basis as well as a viable application, especially on the sphere of ancillary services (AS) or the technology support to guarantee reliable operations of the power...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, has listed its P40-billion fixed rate bonds with the Philippine Dealing and Exchange Corporation (PDEx), which has been touted as the largest corporate bond issuance to date. According to SMCGP, the...
Meralco PowerGen Corporation, a power generation subsidiary of Manila Electric Company (Meralco), will be tapping foreign partners for targeted investments in offshore wind farm installations. “We are very interested in offshore wind. These are huge investments, there are huge tracts of offshore...
Norwegian firm Scatec ASA has announced plan to expand its renewable energy investments in the Philippines, primarily on the sphere of solar, wind, hydro and battery energy storage system (BESS) installations. During the groundbreaking rites of the 20-megawatt BESS project of SN Aboitiz Power...
SN Aboitiz Power Group (SNAP), a joint venture between Norwegian firm Scatec and Aboitiz Power Corporation, has tapped Japanese firm Hitachi Energy for the engineering, procurement and construction (EPC) contract of its 20-megawatt battery energy storage system (BESS) project to be installed at its...
