Citicore Renewable Energy Corp. (CREC) is selling a portion of its shares to PT Pertamina Power Indonesia (PNRE) to fund its renewable energy (RE) projects in the Philippines and Indonesia. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 31, CREC announced that Citicore Power...
ILOILO CITY – A deal has been inked for the construction of a solar power plant project in northern Iloilo province. Joy~Nostalg Solaris Inc. (Solaris) recently signed an engineering, procurement, and construction (EPC) contract with China Energy Engineering Group Northeast No. 1 Electric...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel emphasized that the Bureau of Plant Industry (BPI) will play a crucial role in strengthening the country’s food security as it takes charge of promoting agricultural innovation and enhancing food production and safety. Laurel issued...
The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) -...
Quezon 2nd district Rep. David "Jay-jay" Suarez (Ellson Quismorio/ MANILA BULLETIN) A serious omission by the Department of Agriculture's (DA) Bureau of Plant Industry (BPI) caused House Deputy Speaker Quezon 2nd district Rep. David...
The Department of Trade and Industry (DTI) said that SHERA Public Co. Ltd.’s P2.9-billion plant would boost the Philippines' aspiration to become a global manufacturing hub. Trade Secretary Cristina A. Roque said that this investment from SHERA, the leading fiber cement innovator in Southeast...
After this week’s first Commission meeting under Officer-in-Charge Chairperson and CEO Jesse Hermogenes Andres, the Energy Regulatory Commission (ERC) has agreed to expedite approvals of the certificates of compliance (COCs) or the licenses needed by new power plants to start generating...
The Department of Energy (DOE) is still undecided if it will grant the application for certification that will greenlight the planned 1,200-megawatt Atimonan coal-fired power project of Meralco PowerGen Corporation (MGen), the power investment arm of utility giant Manila Electric Company. When...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing to take a provocative step as the third company breaking into the regenerated coal plant development gamble, with the targeted revival of its 700-megawatt Saint Raphael power project in Batangas that will likely command an...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco), is seeking certification from the Department of Energy (DOE) as it is now inclined to rejoin the country’s ‘king coal club’ for its 1,200-megawatt Atimonan power plant project that...
Ayala-led ACEN Corporation has broadened partnership deals with two Singaporean firms for transition credits (TC) trading that could financially support the advanced retirement of its 246-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Batangas. The latest...
Lopez-led First Gen Corporation will supply geothermal-generated electricity to global cement firm Holcim for the operation of its manufacturing plants in Mindanao. That green power supply draw will be a key component of the latter’s decarbonization journey. In the power supply agreement (PSA)...
