US firm pushes RE-gas investment By MYRNA M. VELASCO Kansas-headquartered global engineering firm Black & Veatch is recommending renewable energy (RE) and gas-fired power combo investments to ensure the success of "energy transition journey" and as a pathway to net zero emissions being advanced by...
Clean energy solutions leader First Gen Corporation will continue its green technology investments to help the Philippine economy toward its decarbonization track in sync with the world in mitigating climate change risks. “Our role here is to sort of like help the Philippine economy achieve a...
President Ferdinand "Bongbong" Marcos Jr. assured the public that the government is considering all technologies to ensure energy security and improve the energy mix for renewables. *President Ferdinand ‘Bongbong’ Marcos Jr. (Yummie Dingding/PPA Pool)* Marcos said this as he visited ACEN Corp.'s...
The Department of Energy (DOE) is enforcing the conduct of "port capacity assessment" as one of the major requirements that offshore wind (OSW) investors have to accomplish and submit to the government as part of their applications for project-permitting. That has been one of the key stipulations...
Transmission firm National Grid Corporation of the Philippines (NGCP) said it is lining up several priority projects that will reinforce the country’s electricity network and backbone to support the distribution of bigger electricity loads. The company emphasized that its investments’ pipeline...
The National Grid Corporation of the Philippines (NGCP) said that government should give weight to the P300 billion worth of investments it had injected into the country’s power transmission network in reaction to the In reaction to the Malacanang pronouncement that the government may take back...
As data center project-proponents have been firming up their investment plans in the Philippines, the Department of Energy (DOE) indicated that it will match up their electricity needs with the investors putting up renewable energy (RE) facilities in the country. “A number of investors presented...
Lopez-led First Gen Corporation is lining up massive investments of $20 billion, approximately equivalent to P1.123 trillion, until year 2030 to sustain its market share of 20 percent in terms of kilowatt-hour production to serve the growing electricity needs of Filipinos. The seven-year humongous...
Yuchengco-led PetroGreen Energy Corporation (PGEC) will be acquiring existing two solar farm projects in Luzon, to boost its renewable energy (RE) generation portfolio. The subsidiary of publicly-listed PetroEnergy Resources Corporation (PERC) announced that the asset acquisitions will cover the San...
Growing power demand in the Mindanao grid boosted the Alcantara-led Alsons Consolidated Resources Inc. (ACR) to register a 67 percent increase in net income to P542.27 million in the first quarter this year from P342 million in the same period last year. Following that level of profitability, the...
System operator National Grid Corporation of the Philippines (NGCP) is proposing amendments to the Grid Code to ensure the country’s power system can efficiently absorb gigawatt-scale but variable renewable energy (RE) capacities. In a presentation to the media, NGCP Vice President and Head of...
Energy Secretary Raphael P. M. Lotilla said that President Ferdinand R. Marcos Jr. during his recent meeting with US President Joe Biden highlighted renewable energy (RE) and the "loss and damage" concept, which seeks to compensate countries that have little contribution to global climate change....
