The Department of Energy (DOE) expanded the capacity target for its upcoming special Green Energy Auction (GEA) round, seeking to attract more project developers by raising the installation limits and extending operational deadlines for waste-to-energy technologies. In a statement on Friday, June...
The National Grid Corporation of the Philippines (NGCP) said it will actively evaluate new regulatory guidelines that strip away its exclusive control over building the country’s power lines, aiming to protect the legal and operational framework of the national transmission network. The privately...
President Marcos said the Philippines and Russia are beginning to put in place a system for petroleum supplies after previous purchases from Moscow were made on an ad hoc basis in response to the global oil crisis triggered by the conflict in the Middle East. Speaking to reporters in Russia...
The Department of Energy (DOE) hopes to issue a circular by late this year or early 2027 to provide the framework for establishing nuclear energy plants in the Philippines. In an interview, Energy Secretary Sharon Garin said the circular is currently being drafted by the agency 's Energy...
Philippine renewable energy firm SunAsia Energy Inc. and Vietnam-based VinEnergo have forged a strategic partnership to develop a $406-million, 422-MWp Solar on Water portfolio in Pampanga and Negros Occidental. During the partnership agreement signing, SunAsia Energy President and CEO Tetchi...
NICOSIA, Cyprus (AP) — The Iran war 's shock to global fuel prices has reinforced Europe 's stance that it must forge alternative trade and energy routes to the Strait of Hormuz. Here is a look at what the European Union is contemplating to bolster its energy security and minimize the...
President Marcos and Russian President Vladimir Putin have agreed to explore new opportunities for cooperation in food security, energy, trade, and investment, with both leaders noting significant untapped potential in Philippine-Russia relations despite steady economic ties. The two leaders met in...
Recently, the PNB Board and Senior Management, led by Chairman Ed Cua and President Edwin Bautista, attended an energy briefing conducted by Department of Energy (DOE) Undersecretary Rowena Cristina Guevara. She certainly impressed the PNB Board and inspired confidence as a public official. She...
SINGAPORE — The Philippines is among the countries best positioned to help meet Asia’s rapidly growing electricity needs, with its rich geothermal resources as well as expanding wind and solar sectors offering significant potential for renewable energy (RE) development, according to...
Petroleum prices may return to normal within six months to one year as the United States (US) and Iran move closer to a deal that could end the war in the Middle East, according to the Department of Energy (DOE). Energy Secretary Sharon Garin announced on Monday, June 15, a maximum price rollback...
To boost the national government’s response to the ongoing energy crisis, the state-run Maharlika Investment Corp. (MIC) has remitted ₱1.38 billion in cash dividends to the Bureau of the Treasury (BTr). This remittance represents 75 percent of the fiscal year (FY) 2025 net earnings of the...
As more Filipinos rely on mobile and internet connectivity for work, education, emergencies, and everyday life, Globe is accelerating its shift toward renewable energy and more energy-efficient technologies to help strengthen network resilience amid rising fuel costs and growing energy-related...