United Nations Secretary-General António Guterres on Tuesday called on artificial intelligence companies to release information about the carbon pollution they create, along with the water and land used to power their operations. While urging action in an address at London Climate Action Week,...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) and its power generation arm are partnering with Vietnam-based VinEnergo Energy Joint Stock Co. (VinEnergo) to explore about five gigawatts (GW) worth of renewable energy (RE) projects in the Philippines. In a statement on Tuesday, June 23,...
The Global Wind Energy Council (GWEC), an international wind industry association, has identified strategic investments in port infrastructure as the critical catalyst for unlocking billions of dollars in the Philippines’ offshore wind (OSW) sector. In its latest report released on Monday, June...
The National Power Corp. (Napocor), the state-owned utility responsible for supplying electricity to the country’s remote areas, is looking for private sector investors to help fund its five-year transition away from expensive diesel reliance toward renewable energy. Napocor President Jericho...
Domestic lenders funneled record amounts of capital into coal-fired power infrastructure last year, exploiting a key policy loophole despite the state-mandated ban on new coal developments, according to a report by an energy think tank. Fourteen domestic commercial banks actively financed fossil...
PARIS, France – The future energy mix demands the coexistence of nuclear and renewable energy (RE) technologies, but the growing prevalence of RE-induced negative pricing is exposing fundamental weaknesses in new market design—weaknesses that nuclear power supply agreements (PSAs) must confront...
For decades, the relationship between Filipino consumers and their electricity providers was entirely one-sided. If you lived in Metro Manila, you paid whatever the Manila Electric Co. (Meralco) billed you. If the summer heat strained the power plants feeding the high-voltage lines of the National...
The Department of Energy (DOE) expanded the capacity target for its upcoming special Green Energy Auction (GEA) round, seeking to attract more project developers by raising the installation limits and extending operational deadlines for waste-to-energy technologies. In a statement on Friday, June...
The National Grid Corporation of the Philippines (NGCP) said it will actively evaluate new regulatory guidelines that strip away its exclusive control over building the country’s power lines, aiming to protect the legal and operational framework of the national transmission network. The privately...
President Marcos said the Philippines and Russia are beginning to put in place a system for petroleum supplies after previous purchases from Moscow were made on an ad hoc basis in response to the global oil crisis triggered by the conflict in the Middle East. Speaking to reporters in Russia...
The Department of Energy (DOE) hopes to issue a circular by late this year or early 2027 to provide the framework for establishing nuclear energy plants in the Philippines. In an interview, Energy Secretary Sharon Garin said the circular is currently being drafted by the agency 's Energy...
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...
