It will not be a mandatory policy – rather, it will be a voluntary retirement or re-purposing of coal-fired power plants that the Department of Energy (DOE) will be advocating for in the country’s multi-tiered ‘just energy transition’ paradigm. As presented by Energy Undersecretary Rowena...
Investors from the Middle East – primarily energy companies from Qatar, United Arab Emirates (UAE) and Saudi Arabia – are enthusiastically eyeing to funnel investments into offshore oil and gas exploration ventures in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), according to...
The targeted mandatory pie for power supply agreements (PSA) anchored on gas-fed power generating facilities will just be confined to gas volumes that will be extracted from the Malampaya field, according to a ranking Department of Energy (DOE) official. Energy Undersecretary Rowena L. Guevara...
The Department of Energy (DOE) is batting for comprehensive review of the taxes being levied on petroleum products as well as those for electricity generation – with the end goal of scrapping taxes that are being imposed on other taxes. Energy Secretary Raphael P.M. Lotilla primarily indicated...
COREnergy Inc., a wholly owned subsidiary of Vivant Energy Corporation, has signed a 20-year Power Supply Agreement with Samal Solar Renewable Energy Corporation (SSREC). In a disclosure to the Philippine Stock Exchange (PSE), Vivant Energy’s parent company Vivant Corporation said SSREC is a...
Vivant Corporation reported that its subsidiary Vivant Energy Corporation and Vena Energy have welcomed AboitizPower (AP), through its subsidiary Aboitiz Renewables Inc. (ARI), into a partnership that will develop, construct and operate a 200-megawatt (MW) wind power plant in Samar. In a disclosure...
The government will be courting foreign and local private investors that will inject up to P500 billion worth of capital outlay for the planned Smart Green and Grid System (SGGS) or the parallel grid that will underpin massive investments in the country’s emerging offshore wind industry. In a...
The government of Denmark will be actively helping the renewable energy (RE) sector of the Philippines for the upskilling and reskilling of at least 50,000 Filipino workers who can then be employed not just domestically but also for overseas energy markets; and that is in line with the greater goal...
Danish investors who are staking huge capital in the country’s renewable energy (RE) sector are batting for clear and transparent rules that shall be instituted by the Philippine government on foreshore and seabed lease arrangements, primarily for offshore wind (OSW) farm installations. In an...
The Net Zero Carbon Alliance (NZCA), which is a pioneering collaboration of Philippine corporates and organizations that are genuine stewards for the environment and the planet, is calling on businesses to pursue veritable net zero goals and for them to veer away from ‘greenwashing’ duplicity....
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
SINGAPORE – Multinational energy giant Royal Dutch Shell has been piloting the use of hydrogen as alternative fuel for heavy road transport, primarily for trucks that have been moving goods and services to various destinations. In an interview, Istvan Kapitany, global executive vice president for...
