TAIPEI – The Department of Energy (DOE) is seriously pondering over a two-pronged investment approach on the development of transmission infrastructure facilities that will support gigawatt-scale offshore wind installations in various parts of the country. According to Energy Undersecretary...
The gigawatt-scale of offshore wind projects being advanced into commercial development by London-headquartered Corio Generation had secured ‘green lane’ certification from the Board of Investments (BOI) as underpinned by Executive Order 18 issued by President Marcos. The certification will...
The Department of Energy (DOE) is anticipating capacity injection of additional 1,300 megawatts of coal capacities in the next few years before renewable energy (RE) could overtake that traditionally-dominant fossil fuel technology in the energy mix by 2028. Energy Undersecretary Rowena Cristina...
At least two port facilities that will support the development of offshore wind projects in the country are being proposed for inclusion in the General Appropriations Act (GAA) or the country’s national budget for next year. According to Energy Undersecretary Rowena Cristina L. Guevara, priority...
By Myrna M. Velasco Investors on pipelined offshore wind developments in the country are amenable to a P10 to P16 per kilowatt hour (kWh) prospective reserve price for contracted capacity on their projects once the green energy auction (GEA) for the technology will be carried out by the Department...
Camarines Sur 2nd district Rep. LRay Villafuerte (Rep. Villafuerte's office) Camarines Sur 2nd district Rep. LRay Villafuerte has highlighted the potential benefits that the province's 7,668-megawatts (MW) offshore wind (OSW) projects will provide to...
Many offshore wind investors may end up abandoning their proposed projects as both government and private sector advocates have been intensifying calls and activities for reinforced protection of the Verde Island Passage (VIP). A highly placed source indicated that a multinational company along...
Sponsor-firms of offshore wind farm projects will have to prepare for a tedious process of securing two-tiered environmental compliance certificates (ECCs) from the Department of Environment and Natural Resources (DENR) – and that shall comprise of an interim ECC during pre-development phase;...
The Department of Environment and Natural Resources (DENR) will be reviewing environmental compliance certificates (ECCs) that have been issued to offshore wind (OSW) project-developers prior to enforcement of the interim guidelines governing the development of these renewable energy (RE)...
The Philippine government is exploring the possibility of tapping into a Japan fund under the Joint Crediting Mechanism (JCM) that is managed by the Asian Development Bank (ADB), for planned pilot venture into hydrogen that maybe pursued by the country moving forward. According to DOE Director...
Ayala-led ACEN Corp. is injecting more capital into its six subsidiaries to bolster the development of renewable energy (RE) projects in the country. ACEN, in its filings with the Philippine Stock Exchange, said that it has entered into agreements for the purchase of unissued shares in Giga Ace 6,...
The Department of Energy (DOE) will submit to the Asian Development Bank (ADB) within this month the 10th candidate-port that must be covered in the pre-feasibility study aimed at repurposing these support facilities to service the needs of the flourishing billion-dollar offshore wind industry in...
