DUBAI, UAE – The Philippine government will aggressively work on international certifications for the targeted 9.0 million “green jobs” in the country through planned upskilling and right-skilling of Filipino workers so they can be gainfully employed not just in the clean energy sector of the...
Liberty Solar Energy Corp. (LSEC), a subsidiary of the renewable power pioneer Alternergy Holdings Corp. (Alternergy) received an operating contract from the Department of Energy (DOE) for the Apulid Solar Project in Paniqui, Tarlac. In a disclosure to the Philippine Stock Exchange (PSE),...
DUBAI, UAE – Ayala-controlled ACEN Corporation, which has been expanding its investment foothold across foreign markets, is batting for capacity auction that will primarily delve with integrated renewable and energy storage system (IRESS) as prospective replacement for capacities that shall be...
DUBAI, UAE -- The strategy of the Philippines in line with the COP28 Global Stocktake for energy transition will differ to a great extent, because it will be opting for coal plants’ phasedown, instead of the intensified call of the United Nations Framework Convention on Climate Change (UNFCCC)...
“Energy security’ is a crescendo that has not come yet for the Philippines despite the years of restructuring and rumbling changes in the power industry – and it was also hardly a stuff for reasoned policy analysis through the years. That then places the country in a catchup mode - not just...
The attractiveness of the Philippines in terms of renewable energy (RE) investments had climbed notches higher, with the Bloomberg NEF Climate Report ranking it as one of the top five globally. The Philippines had clinched the fourth spot in the Bloomberg NEF report, next to the major markets of...
Consumers will have mixed emotions on their drive to the petroleum stations this week as the price of diesel will be on rollback; but for those filling up gasoline in their vehicles, they have to brace for marginal increase in their fuel purchases, based on the calculation of the oil companies....
Power utility giant Manila Electric Company (Meralco) will be seeking offers from power generation companies (GenCos) on its scheduled auction of 1,200-megawatt baseload power supply that will replace brownfield capacities currently drawn mainly from emergency power supply procurements. In a tender...
The Department of Energy (DOE) is keenly seeking the assistance of the World Bank and other development-partners on sorting out policies as well as funding mechanisms that can bring down Philippine electricity rates as the country advances into its energy transition agenda leaning mainly on...
The firms comprising the Malampaya consortium are already preparing for fresh round of ‘capital expenditures call’ to bankroll their committed drilling of 2-3 wells as one of the major conditions in their 15-year contract extension, according to Energy Secretary Raphael P.M. Lotilla. “The...
There will be mixed bag of price adjustments at the pumps next week, although the cost swings will just be very marginal, according to the estimates of the oil companies. As projected by the industry players, the price of gasoline products may not change or there would be very marginal rollback of...
The Energy Secure Philippines (ESP) project of the United States Agency for International Development (USAID) is extending development assistance to the Philippine government for the right-skilling and upskilling of workers in the flourishing offshore wind industry of the country. The American aid...
