Philippine renewable energy firm SunAsia Energy Inc. and Vietnam-based VinEnergo have forged a strategic partnership to develop a $406-million, 422-MWp Solar on Water portfolio in Pampanga and Negros Occidental. During the partnership agreement signing, SunAsia Energy President and CEO Tetchi...
Recently, the PNB Board and Senior Management, led by Chairman Ed Cua and President Edwin Bautista, attended an energy briefing conducted by Department of Energy (DOE) Undersecretary Rowena Cristina Guevara. She certainly impressed the PNB Board and inspired confidence as a public official. She...
The Department of Energy (DOE) detailed short and medium-term interventions aimed at injecting roughly 260 megawatts of capacity into the Visayas power grid, moving to stabilize the region hobbled by more than a month of supply shortfalls and rotating power alerts. The DOE said on Wednesday, June...
The Department of Energy (DOE) expects power supply constraints in Visayas to ease by next month, betting on upcoming generation capacity and seasonal rains to temper prolonged strain on the regional electricity grid. Energy Secretary Sharon Garin said on Tuesday, June 16, that the government is...
Petroleum prices may return to normal within six months to one year as the United States (US) and Iran move closer to a deal that could end the war in the Middle East, according to the Department of Energy (DOE). Energy Secretary Sharon Garin announced on Monday, June 15, a maximum price rollback...
Luzon faces potential power supply strains over the coming weeks as the Department of Energy (DOE) announced a month-long scheduled maintenance shutdown of the Malampaya deepwater gas-to-power project starting Monday, June 15. In a statement released Friday, June 12, the DOE said the maintenance...
Renewed tensions in the Middle East and escalating shipping disruptions, which trigger severe oil price shocks, are straining consumers and global economic growth alike. Since we import the vast majority of our energy requirements, these tensions have unmasked the fragility of the country’s power...
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
The Mindanao grid is expected to return to normal conditions soon after being placed under yellow alert on Wednesday, June 10, following power supply disruptions partly caused by the recent 7.8-magnitude earthquake. Energy Secretary Sharon Garin said roughly 800 megawatts (MW) of capacity initially...
The Department of Energy (DOE) is working with power grid operators and generation companies to restore electricity in Southern Mindanao after a major earthquake disrupted operations at power plants and severed transmission lines. Energy Secretary Sharon S. Garin said in a media briefing that the...
The Department of Energy (DOE) reported that restoration efforts are underway following a powerful magnitude 7.8 earthquake that struck southern Mindanao, with government personnel and energy sector partners working to safely re-energize affected communities. In a statement on Tuesday, June 9, the...
The Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) are working with local distributors to restore electricity in Mindanao after a powerful magnitude 7.8 earthquake triggered widespread power outages, structural damage, and regional tsunami warnings. State...