COA: DOE fails to collect Php1.2B from energy firms
- July 25, 2023
The Commission on Audit (COA) found that the Department of Energy (DOE) was only able to collect some of the Php 217 million out of the Php 1.2 billion owed by energy...
The Commission on Audit (COA) found that the Department of Energy (DOE) was only able to collect some of the Php 217 million out of the Php 1.2 billion owed by energy...
Ayala-led ACEN Corporation will be investing PHP 1.44 billion into five of its subsidiaries to fund their development projects, company president and CEO Eric Francia said. Francia said in a stock exchange...
Energy Secretary Raphael P. M. Lotilla said that the Maharlika Investment Fund (MIF) can be used to fund transmission projects as investors of renewable energy (RE) faced challenges connecting their projects to...
The updated Philippine Energy Plan (PEP), which is set for completion this year, will focus on meeting the goals for emerging renewable energy technologies, and will not yet commit to a net-zero...
Basic Energy Corporation (BEC) has expanded its project pipeline by securing the approval of the Department of Energy (DOE) for the Wind Energy Service Contract (WESC) of the Balayan Nearshore Wind Power...
The Marcos administration has been committed to shifting government policies to renewables since its first year in office and should continue to pursue its steps to boost the development of the green...
Aboitiz Power Corp. has sealed a power supply agreement (PSA) in partnership with Nexif Ratch Investments Pte. Ltd. (Nexif Ratch) as a response to the demands of customers who might want to...
The Department of Energy (DOE) has received proposals for planned feasibility studies on the discontinued Bataan Nuclear Power Plant (BNPP). The BNPP which was supposed to supply a capacity of 620 megawatts...
SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Corporation (CREC) entered into a Memorandum of Agreement (MOA) to promote Renewable Energy (RE). This agreement will take effect in 2024, aligning...
The Department of Energy (DOE) is looking to target 2,400 megawatts (MW) of nuclear capacity in order to support the country’s growth by 2035. The said proposal is part of the Philippine...