Foreign investors in the renewable energy (RE) sector, especially those who applied for 100-percent foreign ownership n offshore wind (OSW) service contracts, are facing snag due to the foreshore land lease policy of the Department of Environment and Natural Resources (DENR). This investment dilemma...
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...
Investors in renewable energy facing challenges connecting their projects to the power grid could tap the Maharlika Investment Fund (MIF) for funding, Energy Secretary Raphael P.M. Lotilla said. “One of the things that was mentioned was that, it (MIF) would be available for transmission and...
Discounted electricity rates are being offered to the country’s 4.2 million marginalized or lifeline consumers within the power usage bracket zero to 100 kilowatt-hours (kWhs). Energy Undersecretary Rowena Cristina L. Guevara announced that the registration for the discounted rates to the...
Energy Secretary Raphael P.M. Lotilla is not pleased with the ‘low regulatory ranking’ of the Philippine power industry, pulled down by enforcement of rules and regulations and administrative hurdles that handicapped improvements in the overall performance of the Energy Regulatory Commission...
The Department of Energy (DOE) is calling all relevant industry stakeholders to submit inputs to the planned enforcement of a Philippine National Standards (PNS), requiring a 20 percent ethanol blend to gasoline products. A notice issued by Atty. Rino Abad, director of the DOE-Oil Industry...
The Energy Regulatory Commission (ERC) will seek guidance from the Department of Energy (DOE) in setting the price of hydro and geothermal capacities under the green energy auction reserve (GEAR) given the huge cost for these projects. ERC Chairperson Monalisa C. Dimalanta noted of the cost for...
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,...
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) is trying to sway all government-run institutions to embrace solar solutions in meeting their energy needs to break the country’s cycle of vulnerability to volatile global fuel prices. According to the energy department, perfect candidates for solar installations in...
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...
Senator Risa Hontiveros on Tuesday, July 11 said the power rate reduction that the Manila Electric Co. (Meralco) announced for the month of July is only minimal and temporary. The senator pointed out the decrease in electricity charges is bound to happen considering that the price of imported coal...
