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...
Satellite image of tropical depression Jenny (PAGASA) The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Sept. 29 said tropical cyclone wind signals may be raised due to the anticipated strong winds from tropical depression Jenny. In its 11 p.m....
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...
A legal opinion is being sought from the Department of Justice (DOJ) on a targeted memorandum of agreement (MOA) that shall be signed by the Department of Energy (DOE) with the Department of Environment and Natural Resources (DENR) to sort out the concerns of investors on foreshore and seabed...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...
Investors from Norway and the United Kingdom who are placing their investment bets in the offshore wind industry of the Philippines have been reinforcing collaboration initiatives with the Philippine government on sorting out major bottlenecks that could stifle planned capital flow in the nascent...
Foreign investors in the offshore wind industry are being perturbed with another round of policy uncertainty being thrown their way – this time, it is on the plan of the Department of Environment and Natural Resources (DENR) to enforce "seabed lease" for them to secure rights for ocean floor or...
The power generation subsidiary of Manila Electric Company (Meralco) will ramp up its renewable energy (RE) capacity installations to 2,000 megawatts (2.0 gigawatts) backed by P18 billion in committed investments. “The investment will cover over 2GW of gross RE capacity from solar and wind that...
Aboitiz Renewables, Inc. (ARI), a subsidiary of Aboitiz Power Corporation, has cemented a joint venture deal with Singapore-headquartered Vena Energy (Vena Energy) for the planned 102-megawatt wind farm installation that will straddle Rizal and Laguna sites. In a statement to the media on Thursday,...
