Project registration with the Board of Investments (BOI) this year is expected to surpass the P655 billion 2021 level, but may fall short of meeting its P1-trillion target set for the year as investments decisions have been derailed by the eruption of the Russian-Ukraine war. As of Nov. 15 this...
President Ferdinand "Bongbong" Marcos Jr. made the right move by talking to French President Emmanuel Macron on possible partnerships in nuclear energy, Albay 2nd district Rep. Joey Salceda said. Philippine President Ferdinand "Bongbong" Marcos Jr.(left) and French President Emmanuel Macron (MANILA...
The International Finance Corp. (IFC) said it will assist the Communication and Renewable Energy Infrastructure (CREI) Phils Inc. in funding the construction of shared telecommunications towers across the country. Jean-Marc Arbogast, IFC Philippines country manager, said on Thursday, Aug. 4, that...
Senator Robinhood "Robin" Padilla said Thursday, July 28 that now is the time to start efforts to harness nuclear and renewable energy to address the perennial problem of power shortages. Padilla said it would take a lot of time and finances to plan the location and operation of power plants,...
The Development Bank of the Philippines (DBP) is funding Kiangan Mini Hydro Corporation (KMHC)'s P2.6-billion consolidation of three river systems into two renewable power projects in Ifugao. “DBP’s credit support to the Asin-Hungduan and Ibulao1 Mini Hydropower Projects demonstrates our...
The Board of Investments (BOI) has approved the application for registration of PAVI Green Renewable Energy, Inc. for its P2-billion new solar power project in Naga that will augment the energy supply of the Luzon grid, which is experiencing tight supply amid increasing demand. The project was...
AboitizPower Corp. is accelerating its 94-megawatt (MW) solar power project in Cayanga, Bugallon in Pangasinan. Once completed, the Cayanga solar power plant is expected to produce about 147 million kWh of clean energy annually or equivalent to the yearly power consumption of 60,000 average...
There has been a lot of talks happening on nuclear energy because of President Rodrigo Roa Duterte’s executive order to include it in our energy mix and President-elect Ferdinand Marcos Jr.’s campaign promise to install at least one nuclear power plant and to consider the revival of the...
The incoming Marcos administration and the government of Germany are on the same page when it comes to the matter of renewable energy (RE). Bangui Wind Farm (Wikipedia) This can be gleaned from the remarks of Germany's Ambassador to the Philippines Anke Reiffenstuel, who faced reporters in a short...
The Subic Bay Metropolitan Authority (SBMA), holding true to its commitment to promote the use of renewable energy, has welcomed its partner Indigo Distribution Corporation in putting into the boardroom a proposal to set up an Electric Transport System inside SBMA as part of a new initiative for...
The Renewable Energy Act was passed in 2008 as an attempt to promote clean and indigenous sources of power. The energy sector, however, has yet to achieve the 100 percent electrification target, as well as to significantly increase the share of renewable energy in the power mix. Whether...
Eligible businesses and institutions may now take concrete steps to lower their carbon emissions by getting power from licensed Green Energy Option Program suppliers like EDC's Green Core Geothermal, Inc. There is a ‘deepening revolution’ happening in the energy sector – it’s not just a...
