Citicore Renewable Energy Corporation (CREC), a leading Philippine renewable energy developer, has finalized a landmark USD 120 million (approximately PHP 6.7 billion) strategic partnership with PT Pertamina New & Renewable Energy (Pertamina...
A major renewable energy initiative is set to accelerate clean power deployment in Southeast Asia, following the announcement of an $80 million financing facility led by Pentagreen Capital and British International Investment...
The Philippine National Oil Company (PNOC) is assessing the feasibility of supporting a Self-Generating Industrial Park (SGIP) in Pababag, Bongao, Tawi-Tawi, as part of its strategy to bring cost-effective and sustainable energy...
The power generation mix of the Philippines cannot be directly compared with larger economies like China and Indonesia due to significant differences in demographic, economic, and energy profiles, the Department of Energy...
President Ferdinand “Bongbong” Marcos, Jr. seeks stronger ties with Indonesia as Defense Minister Prabowo Subianato assumes as the country’s new president. In a telephone call on Thursday, February 22, Marcos Jr. and...
The Philippines and Indonesia have signed a Memorandum of Understanding (MOU) to strengthen the energy cooperation between the two countries. President Ferdinand Marcos Jr. and Indonesian President Joko Widodo pledged to support...
ACEN Corporation, through its renewable energy subsidiary, and Barito Renewables has acquired wind projects in Indonesia. In a disclosure to the Philippine Stock Exchange, ACEN Investments HK Limited (ACEN HK) and PT...
A provisional agreement was reached between Indonesia and the Asian Development Bank (ADB) to close the Cirebon-1 coal-fired power plant about seven years ahead of schedule. Reuters reported that this agreement is...
The Indonesian government has guaranteed the Philippines a continuous supply of coal that may be used by power plants in the country. In a report by the Manila Bulletin, Energy Secretary Raphael...
The Department of Energy (DOE) said yesterday that the country will not be experiencing power outages despite a possible shortage in coal, as the country sources its coal from vessels under different...
