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....
System operator National Grid Corporation of the Philippines (NGCP) is asking the Department of Energy (DOE) to eliminate from its certified list of system impact study (SIS) applicants that are being tagged as "pseudo investors" or "non-serious project proponents" to facilitate permitting process...
Proponents of floating solar farm installations, which are members of the Philippine Solar and Storage Energy Alliance (PSSEA), are seeking approval for a higher green energy auction reserve (GEAR) price of at least P7.30 per kilowatthour. The higher reserve price is targeting the tendering process...
The joint venture of Filipino firm SunAsia Energy Inc. and Singapore-headquartered Blueleaf Energy will be injecting $1.5 billion to $1.7 billion worth of investments to develop at least 10 service contracts on floating solar facilities that may yield aggregate capacity of 1.3-gigawatt or 1,300...
At the ACEN RES Recharge Partners Gala, ACEN President and CEO Eric Francia affirmed the company's commitment to build more renewable capacity to help meet the growing demand for electricity in the Philippines and urged businesses to shift to renewable energy. (Photo from ACEN RES) The...
Listed firm Alternergy Holdings Corporation (Alternergy) has awarded the engineering, procurement and construction (EPC) contract for its 20-megawatt Solana solar farm project to Japanese firm-subsidiary JGC Philippines. In a statement to the media, Alternergy emphasized that JGC Philippines was...
COPENHAGEN - The Danish government and its private sector players have expressed willingness to participate in prospective public-private partnership (PPP) as well as extending concessional loans to various sub-segments of the emerging offshore wind (OSW) industry and in energy infrastructure...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
COPENHAGEN – Danish solar firm Obton A/S is eyeing to join a growing number of solar power investors in the thriving renewable energy sector of the Philippines. According to Philippine Ambassador to Denmark Leo M. Herrera-Lim, apart from wind, the solar part of RE developments has also been...
COPENHAGEN- The joint venture of Danish firm Copenhagen Energy A/S (CE) and Yuchengco-led PetroGreen Energy Corporation under corporate vehicle Buhawind Energy will be investing €8.0 billion to €12 billion, approximately P493.8 billion to P740.8 billion, for three offshore wind projects in the...
Factoring in macroeconomic fundamentals that affected technology prices and project financing, the Energy Regulatory Commission (ERC) has issued preliminary green energy auction reserve (GEAR) prices for the second round of tendering for renewable energy (RE) capacities to be administered by the...
