To fulfill the President’s mandate for the country’s full electrification during his term, the Department of Energy (DOE) is scheduling within this quarter the first competitive selection process (CSP) or auction for the investors being enticed to energize more than 15,000 households along the...
Filipino firm Real Steel Corporation (RSC) has cemented a deal with TotalEnergies ENEOS, a joint venture between French firm TotalEnergies and Japanese firm ENEOS, for a 16.8-megawatt solar photovoltaic (PV) rooftop installation at the former’s manufacturing facility in San Simon, Pampanga. In a...
SEOUL – The conversion of gas pipelines as well as on-site production can help reduce the cost of hydrogen to commercially viable proportion and for it to thrive as a practicable energy solution starting in the 2030 timeframe, according to studies and assessments of UK-headquartered multinational...
The renewable energy-based capacity contracting of Manila Electric Company (Meralco) which now hovers at 1,800 megawatts had so far exceeded its initial target of 1,500 megawatts. Its ramped up capacity of clean energy procurements, according to Meralco Vice President and Chief Sustainability...
The retail electricity supplier (RES) arm of Aboitiz Power Corporation has inked a deal to supply the electricity needs of NoBia Inc., the commissary support to the Max’s group of restaurants. In a statement to the media, Aboitiz Power noted that it will satiate the power needs of NoBia –...
The Department of Energy (DOE) emphasized the significance of finishing key infrastructure projects in country in order to attain the renewable energy (RE) target by 2040. At the 49th Philippine Business Conference and Expo, Energy Assistant Secretary Mario Marasigan presented the DOE’s...
SEOUL – European firm Tractebel Engineering is offering latest innovation on floating substations as technology solution for gigawatt-scale offshore wind farm projects currently being advanced in various energy markets in the Asian region. At the ongoing 2nd Korea Offshore Wind and Hydrogen...
The proposal for a ‘no reserve price’ condition on the targeted 3rd green energy auction (GEA-3) for geothermal could trigger unwarranted “regulatory uncertainty’ for project developers and all investors in this technology’s supply chain, the Energy Regulatory Commission (ERC) has warned....
Yindjibarndi Energy Corporation (YEC), a subsidiary of Ayala-led ACEN Corporation has inked a preliminary deal with London-headquartered Rio Tinto for development collaboration on the latter’s targeted energy usage shift to renewable energy in its Australian mining operations. In a press...
Winsun Green Ventures, Inc. (WGVI), a subsidiary of Greenergy Holdings Inc. (GREEN), has been granted permission to proceed with its planned solar power projects in Caloocan City. In a disclosure to the Philippine Stock Exchange, GREEN announced on Friday, Oct. 20, that it received a certificate of...
LIMA Water, a business unit of Aboitiz InfraCapital (AIC) , has turned to solar technology for the energy requirements of the sewage treatment plant 2 (STP-2) for its water facility that is catering to the needs of LIMA Estate, an economic and industrial zone in Lipa-Malvar, Batangas that is...
The Energy Regulatory Commission (ERC) is poised to sustain the suspension of the P0.0364 per kilowatt hour (kWh) feed-in-tariff allowance (FIT-All) line item in the electric bills until the end of the year, hence, providing slight relief in the pockets of all ratepayers especially during the high...