Citicore Renewable Energy Corporation (CREC) will put up a 10-megawatt solar farm project that will be embedded into the load network of Pampanga I Electric Cooperative (PELCO I). The RE company announced in a press statement that a memorandum of agreement (MOA) on this venture has already been...
Lisbon-headquartered Energias de Portugal (EDP) and its subsidiary EDP Renewables (EDPR) are eyeing to invest in the country's renewable energy (RE) sector, particularly in their core wind farm business. The interest of the Portuguese electric utility and its RE investment arm was sounded off to...
Transmission firm National Grid Corporation of the Philippines (NGCP) is eyeing "technology clustering" as one systematic approach that it can operationalize to streamline approvals of system impact study (SIS) for energy projects. The company advanced that proposal ahead of the scheduled meeting...
To achieve the 100-percent household electrification goal of Marcos Jr. administration, the Department of Energy (DOE) is batting for higher budget for the energization of areas still being denied of reliable and round-the-clock electricity services. “Of course, we are limited – that’s why we...
# DOE targets 8,000MW add'l capacity until 2028 By MYRNA M. VELASCO The Department of Energy (DOE) is eyeing roughly 8,000 megawatts of capacity addition to meet peak demand growth of up to 25,000MW (MW) until 2028 of the Marcos administration. The energy chief said the projected demand escalation...
The ongoing performance audit on transmission firm National Grid Corporation of the Philippines (NGCP) is not a "punitive exercise", rather, it is a process that will allow industry regulators and policymakers to explore ways how service in this segment of the power supply chain could be improved...
The Department of Energy (DOE) is eyeing the integration of energy-related project permits being issued by the local government units (LGUs) into the energy virtual one-stop shop (EVOSS) system, the online platform for permits’ processing of energy projects. According to Energy Undersecretary...
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...
