PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
Razon-led MORE Electric and Power Corporation is expanding the base of its customers that have been availing of refund for their bill deposits, in compliance with the mandate of the Energy Regulatory Commission. In a statement to the media, MORE Power indicated that at least 175 customers already...
The Energy Regulatory Commission (ERC) has issued higher feed-in-tariff (FIT) of P6.1110 per kilowatt hour (kWh) for run-of-river (ROR) hydropower facilities that will fill up the balance of the prescribed 250 megawatts cap for this renewable energy (RE) technology. The newly enforced FIT for ROR...
NEW YORK — Climate campaigner Lidy Nacpil made history as the only Filipino and civil society leader to speak at the UN Climate Ambition Summit here on Sept. 20 where she called on world governments "to take decisive bold actions for a rapid, equitable transition out of fossil fuels...
Gas, pump fuel, oil price (Ali Vicoy/ File photo/ MANILA BULLETIN) Whatever happened to the Department of Energy's (DOE) strategic petroleum reserve program (SPRP)? This was the question left on the mind of Camarines Sur 2nd district Rep. LRay...
With successive cost spikes already running on its 11th week, the consumers’ drive to the gasoline stations will mimic another episode akin to squeezing blood from stone as petroleum prices will incur hefty increases next week, based on the calculation of the oil companies. According to the...
President Marcos has invited Singaporean businesses to consider the Philippines as an investment hub for renewable energy (RE) as he bared his administration's efforts to lower electricity rates in the country. PBBM IN SINGAPORE — Government officials join President Marcos in a roundtable...
The Department of Energy (DOE) is eyeing to tap technical assistance from either the United States Agency for International Development (USAID) or the United Nations Development Programme (UNDP) for targeted new survey on ‘social acceptance’ for nuclear power as an option in the Philippine...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
The Department of Energy (DOE) will be issuing policy guidelines that will lay down the framework of incentives for targeted hydrogen-anchored investments in the country. According to Atty Patrick T. Aquino, director of the DOE’s Energy Utilization Management Bureau (EUMB), the draft guidelines...
The Philippine government will prioritize looking for investments in digital transformation and clean energy. In an economic briefing in Dubai, Budget Secretary Amenah F. Pangandaman said that digital transformation will improve public service delivery and reduce the cost of doing business in the...
A legal opinion is being sought from the Department of Justice (DOJ) on a targeted memorandum of agreement (MOA) that shall be signed by the Department of Energy (DOE) with the Department of Environment and Natural Resources (DENR) to sort out the concerns of investors on foreshore and seabed...
