ACEN Corp. has invested an additional P2 billion in the special purpose vehicle responsible for the development of a 60-megawatt peak (MWp) solar power plant in Pangasinan. ACEN has to the Philippine...
The World Wide Fund for Nature (WWF) said insufficient incentives and red tape present drawbacks to advancing the country’s renewable energy (RE) industry. According to a report from Business World, WWF’s Philippine...
Repower Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp., has obtained the needed clearance from the Department of Energy to proceed with the development of a 200-megawatt (MW) wind...
The World Bank has granted a development policy loan (DPL) worth $750 million (around Php 41.9 billion) to enhance environmental protection and climate resilience in the Philippines. In a statement, the World...
The Energy Utilization Management Bureau of the Department of Energy (DOE) has reported energy efficiency investments worth Php 6.8 billion based on the Annual Energy Efficiency and Conservation and Annual Energy Consumption...
Fitch Solutions BMI said that gas-fired power generation remains to be a vital part of Philippine energy security even with the efforts of the government to expand the share of renewable energy...
The Department of Energy (DOE) is looking to conduct a separate green energy auction program for offshore wind (OSW) projects, Undersecretary Sharon Garin revealed. The DOE is determined to provide continuous RE...
The International Energy Agency is urging the Association of Southeast Asian Nations (ASEAN)-member states to increase investments in renewable energy (RE) to fulfill the targets outlined in the Paris Agreement. The IEA...
National Power Corporation (NAPOCOR) is losing Php 1 billion a month because of the volatile diesel fuel prices, causing the organization to escalate its efforts in hybridizing diesel-fired power plants in off-grid...
Leaders of the Catholic Church urged the stockholders of San Miguel Corporation (SMC) to steer away from coal and liquefied natural gas (LNG) projects. “Today, more corporate actors are acknowledging their role...
