Ayala-led ACEN Corporation has secured government approval to ramp up its energy storage venture as a technology coupling to its 720-megawatt(ac) New England solar farm venture in Australia. In a statement to the media, ACEN Australia said that state-government of New South Wales (NSW) gave a...
A "differentiated pricing" is being proposed on the offshore wind (OSW) technologies that shall be deployed for projects in the country to consider divergent cost calculations on tariffs for the fixed bottom and floating OSW solutions. In a briefing with the media, Pierre-Antoine Tetard, vice...
As rising electric bills and deteriorating services of power utilities often spark frustration and rage, the Energy Regulatory Commission (ERC) is targeting to debut next month its online platform to fast track resolution of complaints. The online platform will receive and correspondingly process...
Garcia-led Vivant Energy, a wholly-owned subsidiary of publicly listed Vivant Corporation, has announced plans to acquire the shareholdings of its partner Gigawatt Power Inc. in corporate units that provide electricity in off-grid areas. As emphasized, Gigawatt Power Inc. has 50-percent equity in...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
118 qualified firms eyeing to join 2nd RE auction By Myrna M. Velasco The Department of Energy (DOE) is set to hold its second Green Energy Auction (GEA-2) on June 19 which attracted a remarkable number of potential bidders. A total of 118 qualified companies have expressed interest in bidding for...
Amid relentless business disruptions and on the need for alchemists who will lead corporates into the complex terrain of technology advancements and revolutionizing workplaces, Shell Philippines has been proving its mettle as an organization that can vigorously navigate transformative changes to...
Tiu-led Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, has inked memorandum of agreement (MOA) with Austrian firm Gugler Water Turbines GMBH (“Gugler”) for targeted 320-megawatt seawater pumped storage hydro projects in the Philippines. REDC said...
The Japan Bank for International Cooperation (JBIC) has expressed its interest in energy tie-ups in the Philippines, particularly in the use of liquefied natural gas (LNG) as a traditional source of power, the Presidental Communications Office (PCO) said. *ENERGY COOPERATION - Japan Bank for...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
Concessionaire-firm National Grid Corporation of the Philippines (NGCP) claimed that its overall performance has improved, compared to the time when the transmission system was still operated by the government. In a statement to the media, NGCP said, its “overall performance in operating the grid...
State-run National Power Corporation (NPC) had the "highest cost savings" so far when it comes to electricity bill among government agencies in a particular year and matched with corresponding decline in kilowatt-hour usage. The efficiency rating was gauged via the enforcement of the Government...
