The Department of Energy has asked the help of the Bangko Sentral ng Pilipinas and multilateral lenders in securing concession financing for renewable energy projects,..
Tag Archives: Geothermal
The Department of Energy (DOE) says the government is aiming to acquire an initial USD 250 million for a Geothermal Resource De-risking Facility (GRDF), designed..
Energy Development Corporation (EDC) is aiming to achieve an aggregate installed capacity of approximately 83 megawatts (MW) of clean and renewable energy by year-end. EDC..
Renewable energy (RE) stakeholders are urging the government to modify the auction design for various RE technologies, as they believe the current one-size-fits-all approach may..
First Gen Corporation is anticipating a significant boost in overall profits this 2024, driven by additional revenues from its geothermal assets that are now coming..
SM Investments Corporation (SMIC) is broadening its renewable energy initiatives by exploring and developing new geothermal energy sources. Philippine Star reported that SMIC, via its..
With proposed initiatives exceeding 1,000 megawatts (MW) over the next 15 years, Negros Occidental is set to experience a substantial increase in renewable energy (RE)..
The Department of Energy (DOE) will be bidding out 20 pre-arranged locations, with a total renewable energy capacity of 247.98 megawatts (MW). A report by..
ThermaPrime Drilling Corp. announced the completion of its drilling program for SM Investments Corp.’s Philippine Geothermal Production Co. Inc. consisting of 12 production wells and..
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..
