First Gen Visayas Energy Inc. (FGVEI), a subsidiary of renewable energy company First Gen Corporation, has been fined by the Department of Energy (DOE) for the late filing of reports on its wind energy projects. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, January 14, First...
The Department of Energy (DOE) has sought the assistance of the Bangko Sentral ng Pilipinas (BSP) and multilateral development banks to improve financing options and secure longer loan periods for renewable energy (RE) projects. Speaking at the fifteenth session of the International Renewable...
The Department of Energy (DOE) has recorded nearly 7,000 megawatts (MW) worth of power projects slated for completion in 2025. Data listing all private sector-initiated projects for this year showed that the DOE identified 6,841 MW worth of projects, most of which are located in Luzon. Luzon holds...
A fresh wave of blame game is electrifying the discourse surrounding the National Grid Corporation of the Philippines (NGCP), the country’s grid operator—but while digging up past regulatory missteps might make for catchy headlines, the real power play lies in tackling the tough questions: who...
Citicore Renewable Energy Corporation (CREC), a leading renewable energy (RE) developer in the Philippines, announced that PT Pertamina Power Indonesia (Pertamina NRE), an Indonesian-based energy firm, has made its first investment in the country. In a disclosure to the Philippine Stock Exchange...
The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination Methodology (PDM). DOE Secretary Raphael P.M. Lotilla said the PDM, which sets electricity rates for the...
Following the termination of multiple renewable energy (RE) projects last year, the Department of Energy (DOE) assured the public that this action would not discourage investors from pursuing renewable energy developments. In a briefing on Wednesday, Jan. 8, DOE Secretary Raphael P.M. Lotilla said...
The Department of Energy (DOE) announced that manufacturers, importers, distributors, dealers, and rebuilders of all public and private road transport vehicles are required to include a Fuel Economy Label (FEL) and Fuel Economy Sticker (FES). In a briefing, Energy Utilization Management Bureau...
APEC Party-List Rep. Sergio Dagooc (PPAB) A member of the power bloc in the House of Representatives has argued that the Energy Regulatory Commission (ERC) should be penalized for allowing the National Grid Corporation of the Philippines...
Renewable Energy (RE) firm NexGen Energy Corporation has raised its stake in its solar subsidiary, Solar Powered Agri-rural Communities Corp. (SPARC), which would help raise funding for expansion plans within its solar projects. In a statement on Tuesday, Jan. 7, NexGen said it had increased its...
The Energy Regulatory Commission (ERC) has outlined 11 regulatory priorities for the first semester of 2025, with a focus on issues related to the National Grid Corporation of the Philippines (NGCP) and Manila Electric Company (Meralco). In a briefing, ERC Chairperson Monalisa Dimalanta said the...
The Department of Energy (DOE) said that run-of-river (ROR) hydro will be excluded from the third round of the Green Energy Auction (GEA-3). The DOE said the auction, scheduled for February (previously planned for this month), will focus on other renewable energy (RE) technologies, including...
