Revenue stream from its Dinginin coal-fired power plant had been the main driver of Aboitiz Power Corporation’s income surge to P17.8 billion in the first half, 79 percent jump from P10 billion in a comparative period last year. The income surge was largely boosted during the second quarter...
# DOE targets 8,000MW add'l capacity until 2028 By MYRNA M. VELASCO The Department of Energy (DOE) is eyeing roughly 8,000 megawatts of capacity addition to meet peak demand growth of up to 25,000MW (MW) until 2028 of the Marcos administration. The energy chief said the projected demand escalation...
 Prolific fruiting of cacao. (Royal Cocoa Farm) Cacao, often referred to as the "food of the gods," has a rich history in the Philippines, with its cultivation dating back centuries. This tropical country boasts a climate and soil conditions ideal for growing high-quality cacao beans. In recent...
Ayala-led ACEN Corporation and Australian partner Yindjibarndi Aboriginal Corporation (YAC) have agreed an initial AU$1.0-billion investment for their planned 750-megawatt solar and wind farm with battery storage project in Australia. In a statement, ACEN said that the investment will form part...
Listed firm Alternergy Holdings Corporation (Alternergy) is well on its way into building up its renewable energy (RE) portfolio after winning three additional contracts from the State-managed Green Energy Auction-2 (GEA-2) program. The awarded project-contracts to be covered by 20-year power supply...
Filipino firm Citicore Renewable Energy Corporation (CREC) emerged as one of the "big winners" in the recently concluded second Green Energy Auction (GEA-2) of the government, cornering 916.58 megawatts that will firmly cement its foothold as one of the emerging major players in the renewable energy...
San Miguel Global Power Holdings (SMGP), the electricity generating subsidiary of conglomerate San Miguel Corporation (SMC), has bewailed the higher electricity rates that consumers are now paying after the Energy Regulatory Commission (ERC) denied its tariff adjustment application last year. “It...
The Department of Energy (DOE) has issued notice of awards (NOAs) to 105 winning bids in the second round of green energy auction (GEA-2), an exercise that partly fulfills the country's renewable energy (RE) development roadmap. The winning project-developers will be awarded with 20-year power...
JABONGA, Agusan del Norte – President Ferdinand R. Marcos Jr. inaugurated the 24.9-megawatt hydropower plant in Lake Mainit, Jabonga town, Agusan del Norte province, on Wednesday, July 12. PRESIDENT Marcos (center) leads the inauguration of the the 24.9-megawatt hydropower plant in Lake Mainit,...
The Department of Energy (DOE) will be reviewing "siting standards" for planned nuclear power facilities in the country according to the new and stricter parameters set forth by the International Atomic Energy Agency (IAEA), the world’s center of cooperation on the nuclear field. “We’ll have...
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....
The Department of Energy (DOE) is planning a site visit to the 1,200-megawatt Ilijan gas-fired power facility this week to re-validate its targeted return to commercial operation this May 26, as earlier communicated to the government by South Premiere Power Corporation (SPPC) of the San Miguel...
