Environment Secretary Regina Lopez said the Philippines is set to receive at least $8 million in funds to address the country’s battle on climate change. In a press briefing on Monday, Lopez...
The National Power Corporation (Napocor) and the United States Agency for International Development (USAID) has teamed up to strengthen forest protection measures in the country. In a statement, Napocor said they have...
Ayala Group’s AC Energy Holdings has taken over the company operating the 52-megawatt wind farm in Bangui, Ilocos Norte. AC Energy has gained an additional 17.79 percent stake in the NorthWind Power...
Spot prices in the Wholesale Electricity Spot Market (WESM) continued to fall this month due to higher supply and lower demand because of cooler temperatures. “The decrease in spot prices is attributable...
Senator Ralph Recto has opposed the use of the P188 billion unspent government shares from the Malampaya funds and other energy projects to finance the restarting of the Bataan Nuclear Power Plant...
Senator Sherwin Gatchalian is calling for an investigation on Power Sector Assets and Liabilities Management Corp. (PSALM) and its failure to remit dividends to the government. The amount in question reached P27.28...
Marubeni Corp. of Japan is set to become the third partner in the 2×350-megawatt (MW) coal-fired power plant partnership of Semirara Mining and Power Corp. (SMPC) and Meralco PowerGen Corp. (MGen). SMPC...
The Angat Hydropower Corp. (AHC) is set to plot out a $50 million upgrade on the 218 megawatt (MW) Angat Hydroelectric Power plant (AHPP) in 2017. The planned rehabilitation will improve the...
Even with 1,600 units already manufactured, the Energy Department (DOE) has decided to stop the roll-out of the electric tricycle project due to lack of interested buyers and expensive manufacturing costs. “The...
Bronzeoak Philippines Inc. will delay the completion of the first of its three biomass power plants in Negros after deciding to increase the capacity of the plants. “We are finishing our first...
