The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing full foreign ownership of such projects, according
The Department of Energy (DOE) opened biomass energy development to foreign investments to aid in the growth of the sector. According to a BusinessWorld report, DOE’s Renewable Energy Management Bureau (REMB) Director
Renewable energy developers call for a two to four-year extension of feed-in-tariff (FIT) allocation to meet the challenges of building new RE technologies, namely biomass and run-of-hydro electricity. Taking cues from the
World Bank Group member IFC invested $161 Million in three biomass power plants in Negros Occidental with the support from the Canadian government and the Clean Technology Fund. The plants currently being
The country has 18 biomass power plants with the capacity to power 300,000 homes. Two of the power plants are fired by bagasse which are residues of sugarcane, and are located in Negros Occidental
Aboitiz Renewables Inc. has fully acquired the 8.8-megawatt (MW) biomass energy plant of Aseagas Corp. for P605 million, marking the company’s first venture into biomass technology. In a disclosure to the stock
