Energy resource developer Philippine Geothermal Production Company Inc. (PGPC), a subsidiary of Sy-led SM Investments Corporation (SMIC), will be spending P3 billion annually for the expansion of its geothermal exploration and production ventures to double its capacity to 600 megawatts. In a media...
Listed firm Aboitiz Power Corporation plans to kick off study next year on co-firing ammonia with coal-fed power plants, as a way to pare the carbon intensity of these environment-assaulting power generating assets. “We’re looking at having that [feasibility] study perhaps starting next year....
Listed firm Basic Energy Corporation is eyeing to develop a 155-megawatt onshore wind farm power facility that will straddle sites in San Joaquin and Miag-ao in Iloilo; and also at Hamtic in Antique. The company apprised the Philippine Stock Exchange (PSE) that it just recently secured the approval...
Cost downtrend to spur rollout of hydrogen as energy fuel By MYRNA M. VELASCO THE HAGUE – Significant cost downtrend and further improvements in technological innovation are warranted before hydrogen could gain headway for commercial rollout into markets, according to multinational energy giant...
The increasing adoption of artificial intelligence (AI) and metaverse is seen as game-changing factor that will trigger exponential rise in the energy demand of data centers due to the high-powered computing usage of hyperscalers. According to Victor Emmanuel S. Genuino II, president and CEO of...
ILOILO CITY – The Department of Energy (DOE) has noted that Western Visayas only has a 28 percent of renewable energy utilization rate since 2021. THE Regional Development Council (RDC)-6 holds an Investment Forum on Renewable Energy in Iloilo City. (Tara Yap) Based on the National Renewable...
ILOILO CITY – The city government has inked a negotiation deal for the waste-to-energy proposal of a subsidiary of Metro Pacific Investments Corp. (MPIC). On Tuesday, June 27, Mayor Jerry Treñas and MPIC Board of Director Rogelio Singson signed the agreement for the proposed Iloilo Solid Waste...
Outgoing Swiss Ambassador to the Philippines Alain Gaschen has commended the thrust of the Marcos administration toward food security and energy sufficiency, saying the Philippines has all the ingredients for a thriving agriculture sector. *FAREWELL CALL — Swiss Ambassador to the...
The United States has provided the Philippines P65 million worth of grants to ensure energy security and support conservation efforts of two Philippine provinces hosting some of the Enhanced Defense Cooperation Agreement (EDCA) sites. According to the US Embassy in Manila, the grants will support...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
The Department of Energy (DOE) will be issuing a circular to outline the audit parameters on the performance of system operator National Grid Corporation of the Philippines (NGCP) as a concessionaire of the country’s power transmission network. On the sidelines of the ongoing Philippine Onshore...
Buhawind Energy, a joint venture of Yuchengco-led PetroGreen Energy (PGEC) and Danish firm Copenhagen Energy (CE), has kicked off evaluation of the port support facility for the development of its 2,000 megawatts of offshore wind farm (OSW) project in Ilocos Norte. The company said collaboration...
