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In order to meet its target of having renewable energy account for 50% of the power generation mix by 2040, the Philippine power sector will require PHP 5.8 trillion worth of investments. ...
Ayala-led ACEN Corporation has teamed up with Indonesian firm PT Deweta Magaenergi to look into possible renewable energy projects in Indonesia. In a disclosure to the Philippine Stock Exchange, ACEN said that...
The Department of Energy (DOE) keenly pushes for the installation of a ‘parallel green grid system, ‘ an upgrade and expansion of the Philippines’ energy transmission system. According to a report by...
Department of Energy (DOE) Secretary Raphael PM Lotilla assured that the energy department is creating an investment-friendly environment by “leveling the playing field, simplifying processes, and providing policy support mechanisms.” In the...
The Manila Electric Co. (MERALCO) is still looking for a new supplier following the termination of its power supply agreement (PSA) with Sual Power, Inc. In a report by Business World, MERALCO...
Citicore Renewable Energy Corporation (CREC) has announced it secured a US$ 100 million financing deal with Pentagreen Capital allotted for its solar development vehicle Citicore Solar Energy Corporation (CSEC) to fast-track its...
To ensure the energy security of the Luzon grid, Lopez-led First Gen Corp.’s subsidiary FGEN LNG Corp. has announced the commissioning of its liquefied natural gas (LNG) terminal, accelerating its ability to...
The Philippines is now nearing the end of negotiations on the terms and conditions of the 123 agreement with the United States for Nuclear Cooperation, Department of Energy (DOE) undersecretary Sharon Garin...
National Power Corporation (NAPOCOR) is requesting support from the private sector to speed up the transition of off-grid areas to renewable energy (RE) to accomplish the hybridization project for NAPOCOR-Small Power Utilities...
To ensure the smooth incorporation of increased renewable energy capacity into the power grid, the Department of Energy (DOE) and the National Transmission Corp. (TransCo) aim to achieve the completion of a...
