Senator Risa Hontiveros on Monday, February 5, said she doubts that introducing a third party supposedly to help accelerate the completion of delayed transmission projects of the National Grid Corporation of the Philippines (NGCP) would be effective in addressing the country’s concerns in the...
There had been downtrend in overall electricity tariffs for traded capacities in the Wholesale Electricity Spot Market (WESM), and that had been attributed partly by the Energy Regulatory Commission (ERC) to the entry of new capacities from the renewable energy (RE) sector. “It appears that the...
Another round of hefty price hikes will deepen hole in the consumers’ pockets next week, with diesel rising by more than P1.00 per liter, based on the initial estimates of the oil companies. According to the industry players, the price increase for diesel products may range from P1.45 to P1.95...
Alternergy Holdings Corp. has teamed up with Shanghai-based Envision Energy to acquire next generation wind turbine generators (WTG) for two wind power projects in Luzon. In a statement, Alternergy said that, following a rigorous tender process and thorough due diligence, Envision will be supplying...
The Philippine government is exploring the possibility of tapping into a Japan fund under the Joint Crediting Mechanism (JCM) that is managed by the Asian Development Bank (ADB), for planned pilot venture into hydrogen that maybe pursued by the country moving forward. According to DOE Director...
The Philippine Stock Exchange (PSE) has approved the listing of the shares of Citicore Renewable Energy Corporation (CREC) to pave the way for its planned initial public offering (IPO) worth up to P12.94 billion. In a statement, the firm said it has received a notice from the PSE the Notice of...
Chinese firm SUMEC Complete Equipment and Engineering Co. Ltd. had been engaged by MGen Renewable Energy, Inc. (MGreen), a renewable energy investment unit under the Manila Electric Company (Meralco) group, as the engineering procurement and construction (EPC) contractor for its two solar projects...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of Razon-led Prime Infrastructure Capital, has advanced into operational phase the country’s first automated materials recovery facility (MRF) sited in Cebu that will be utilized for strategic waste management as well as storage, prior to...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
Consumers are in no luck this week as they will need to bear the brunt of massive oil price hikes at the domestic pumps - with gasoline prices rising by hefty P2.80 per liter, based on the pricing advisories of the oil companies. For diesel products, the oil companies announced that the price...
Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
TOKYO, Japan – The Department of Energy (DOE) is in talks with the Department of Transportation (DOTr) on the inclusion of electric vehicles (EVs) in the country’s public utility vehicle (PUV) modernization program. In an interview with reporters here, DOE Director Patrick Aquino noted there is...
