The Department of Energy (DOE) has cornered at least 13 offers for renewable energy (RE) projects across hydro, geothermal and wind energy technologies that had been auctioned via the 4th Open and Competitive Selection Process (OCSP4) carried out by the agency. The energy department conveyed that...
Publicly-listed firm Alternergy Holdings Corporation has tapped three investment banks to raise P12 billion worth of loans to bankroll the company’s wind power projects to be sited in Rizal and Quezon provinces. For the targeted fund raising activity, the pioneer renewable energy company had...
Once the Philippines concretizes its gigawatt-scale offshore wind farm installations, the Department of Energy (DOE) casts the country’s grand ambition of exporting renewable energy (RE) capacity to Singapore and other neighbors in the Southeast Asian region. According to Energy Secretary Raphael...
It will not be a mandatory policy – rather, it will be a voluntary retirement or re-purposing of coal-fired power plants that the Department of Energy (DOE) will be advocating for in the country’s multi-tiered ‘just energy transition’ paradigm. As presented by Energy Undersecretary Rowena...
The government will be courting foreign and local private investors that will inject up to P500 billion worth of capital outlay for the planned Smart Green and Grid System (SGGS) or the parallel grid that will underpin massive investments in the country’s emerging offshore wind industry. In a...
The government of Denmark will be actively helping the renewable energy (RE) sector of the Philippines for the upskilling and reskilling of at least 50,000 Filipino workers who can then be employed not just domestically but also for overseas energy markets; and that is in line with the greater goal...
Danish investors who are staking huge capital in the country’s renewable energy (RE) sector are batting for clear and transparent rules that shall be instituted by the Philippine government on foreshore and seabed lease arrangements, primarily for offshore wind (OSW) farm installations. In an...
The Net Zero Carbon Alliance (NZCA), which is a pioneering collaboration of Philippine corporates and organizations that are genuine stewards for the environment and the planet, is calling on businesses to pursue veritable net zero goals and for them to veer away from ‘greenwashing’ duplicity....
Solar Tanauan Corp.’s solar power plants are set to be Batangas and Cavite’s new renewable energy source. The solar plants of Tanauan, Batangas, and Maragondon, Cavite are expected to hold a gross capacity of 140 megawatts. It was estimated that 84,000 households will be powered by...
SINGAPORE – Multinational energy giant Royal Dutch Shell has been piloting the use of hydrogen as alternative fuel for heavy road transport, primarily for trucks that have been moving goods and services to various destinations. In an interview, Istvan Kapitany, global executive vice president for...
PetroSolar Corporation (PSC), which is a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), has cemented a power supply agreement (PSA) with Shell Energy Philippines Inc. for a capacity delivery that shall be drawn from the former’s 20-megawatt Tarlac-2 solar farm that is sited at...
The Energy Regulatory Commission (ERC) has issued higher feed-in-tariff (FIT) of P6.1110 per kilowatt hour (kWh) for run-of-river (ROR) hydropower facilities that will fill up the balance of the prescribed 250 megawatts cap for this renewable energy (RE) technology. The newly enforced FIT for ROR...
