Lopez-led Energy Development Corp. (EDC) is planning to invest ₱13 billion to expand its geothermal energy portfolio as part of its ongoing efforts to scale up renewable energy capacity. In an interview with EDC President and Chief Operating Officer Jerome Cainglet, he explained that the company...
Lopez-led First Gen Corp. (FGen) is urging the government to accelerate the rollout of renewable energy (RE) projects to reduce the nation 's heavy reliance on coal. Speaking at the 3rd Philippine Renewable Energy Conference, FGen President Francis Giles Puno said that coal-fired power still...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
The Department of Energy (DOE) announced that several renewable energy (RE) and energy storage system (ESS) projects have secured system impact study (SIS) endorsements that evaluated the project’s viability for connection to the national grid. For the month of June, the DOE granted SIS...
Despite the Department of Energy’s (DOE) efforts to cancel renewable energy (RE) contracts that miss their implementation timelines, the agency continues to shy away from investigating the murky waters of potentially questionable project shareholders, and as a result, the industry’s darker...
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects Energy Assistant Secretary Mylene Capongcol told reporters that the agency is actively monitoring dormant RE projects, including those...
SN Aboitiz Power Group (SNAP) is ramping up its efforts to build more renewable energy (RE) projects beyond hydropower assets. In an ambush interview, SNAP President and Chief Executive Officer (CEO) Joseph Yu said that there are more projects in the pipeline, which hold less than 300 megawatts...
Globe Telecom Inc. is ramping up its sustainability efforts by transitioning more than 3,000 cell sites and other low-energy utilization facilities to renewable energy, with a target completion date of 2028. The Ayala-led telecommunications giant announced that it has begun the process of...
Retail electricity supplier MPower is set to power the cell sites and facilities of PLDT, Inc. and Smart Communications, Inc. as part of the Energy Regulatory Commission’s (ERC) Retail Aggregation Program (RAP). In a statement on Thursday, July 17, Manila Electric Company (Meralco) said MPower...
The Board of Investments (BOI) has endorsed ₱5.75 trillion worth of projects under the green lane status by the end of June, with the bulk of the investments directed to the renewable energy (RE) sector. Data from the BOI showed that 222 projects have been certified to go through the green lane...
The Department of Energy (DOE) is awaiting policy updates from the Department of Environment and Natural Resources (DENR) to reassess the transition of coal power facilities to renewable energy (RE). Speaking at the Media Kapihan on Energy Investment in the Philippines last week, Energy...
The escalating tensions in the Middle East, which are expected to drive up fuel prices significantly, should prompt the Philippines to accelerate its transition to renewable energy (RE), according to a trade envoy. George Freeman, the United Kingdom’s (UK) trade envoy to the Philippines, said...
