The Department of Energy (DOE) has advised Aboitiz Power Corporation subsidiary Hedcor to continue operating its three run-of-river hydroelectric power plants in Bakun, Benguet following an earlier cease and desist order (CDO)...
Lopez-led Energy Development Corporation (EDC) is set to push through with the development of the 100-megawatt (MW) Aya hydroelectric project in Nueva Ecija. “We are excited to issue a notice to proceed...
Three run-of-river hydropower plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were ordered to stop operations following a cease and desist order (CDO) issued on Tuesday by the National Commission on...
The Mindanao Development Authority (MinDA) is opposed to the privatization of the Agus-Pulangi Hydroelectric Complex (APHC) that aims to lower power costs and stabilize electric supply in Northern Mindanao. MinDA chairman Sec....
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
First Gen Corporation has been tapped by the Araneta Group to supply renewable energy (RE) to the iconic Ali Mall in Cubao, Quezon City. The Lopez-led firm, through subsidiary Bacman Geothermal, Inc....
The much-awaited rehabilitation of the Agus-Pulangi hydroelectric power plant system in Mindanao will finally push through after the World Bank (WB) approved its $700,000 (around Php33.4 million) financing to jumpstart preparations for...
Aboitiz Power Corporation is ramping up efforts to improve the performance of its existing renewable energy (RE) facilities across the country, especially as it pursues a greater share of RE in its capacity...
A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on data from the Department of Energy (DOE)....
The country’s renewable energy (RE) capacity grew by 41.2% in the last decade, according to the International Renewable Energy Agency (IRENA). Based on the IRENA’s annual Renewable Energy Capacity Statistics 2021, the...
