ILOILO CITY – The Department of Energy (DOE) has awarded the Energy Efficiency Excellence Award to the Iloilo provincial government. Gov. Arthur Defensor Jr. received the award on Tuesday, December 20, in Pasay City. THE provincial government of Iloilo is a recipient of the Energy Efficiency...
The action taken by the Bangko Sentral ng Pilipinas (BSP) on allowing banks to expand green financing facilities is expected to accelerate renewable energy (RE) installations in the country that will usher in comprehensive decarbonization of the Philippine economy moving forward. As cited by Energy...
President Marcos has called on Filipinos anew to be mindful of their electricity consumption. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "As we pursue the path of sustainable development, it is important that we develop a keen awareness of our energy consumption,”...
Citicore Renewable Energy Corporation is planning to sell up to P12.94 billion of its shares through a planned initial public offering (IPO) in March next year to fund its capital expenditures and pipeline development. In its preliminary prospectus filed with the Securities and Exchange Commission...
TOKYO, Japan —President Marcos wooed Asian countries and Japan to invest in the Philippines, stressing that the country needs more of it. (Photo courtesy of Malacañang) During his intervention at the Asia Zero Emission Community (AZEC) on Monday, Dec. 18, Marcos invited AZEC partners to...
There is high probability that gasoline and diesel prices will not change next week, but consumers could expect rollback in kerosene prices by P0.45 to P0.85 per liter, according to the oil companies. Based on the industry players’ calculations, the cost movement for gasoline could either be a...
The Energy Regulatory Commission (ERC) is scheduling public consultations on the proposed regulatory review and enforcement of rules that will directly impact consumers’ pockets as well the overall business viability of the power industry. The industry regulator apprised all relevant stakeholders...
The Department of Energy (DOE) is counting on the capacity contribution of greenfield solar plants that are coming on commercial stream during the summer months, primarily to plug capacity gap arising from the de-rated generation of the hydro plants due to the incursion of El Niño spell. In a...
Ayala-led ACEN Corporation has firmed up a deal with the Asian Development Bank (ADB) and Bank of the Philippine Islands (BPI) to raise P11 billion worth of sustainability-linked term loan facility that will partly bankroll the company’s solar projects. The loan, according to ACEN, will carry...
PetroGreen Energy Corp. (PGEC), the energy arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), completed the site development works for its 27-megawatt direct current (MWdc) Dagohoy Solar Power Project in Dagohoy, Bohol. The project is currently the first large utility-scale solar power...
The Department of Energy (DOE) will submit to the Asian Development Bank (ADB) within this month the 10th candidate-port that must be covered in the pre-feasibility study aimed at repurposing these support facilities to service the needs of the flourishing billion-dollar offshore wind industry in...
DUBAI, UAE – Danish nuclear firm Seaborg Technologies is eyeing to sign a memorandum of understanding (MOU) with the Department of Energy (DOE) on targeted deployment of its sea-based small modular reactor (SMR) technology in the Philippines. In an interview during a side event at the...
