Electricity prices across Asia and the Pacific are seen to rise by as much as 27% by 2025 if the region’s energy supply will remain unchanged, the Asia Development Bank (ADB) said. ...
The Energy Development Corporation (EDC) will ink a five-year power supply agreement with Razon-led MORE Electric Power Corporation (MORE) for 20 megawatts (MW) worth of renewable mid-merit supply. The RE supply will...
The Department of Energy (DOE) has awarded 19 winning bidders that will deliver 2,000 megawatts (MW) of renewable energy capacity under the Green Energy Auction Program (GEAP). In its list released on...
PetroEnergy Resources Corp. (PERC) will be tapping in a foreign entity to help develop the three offshore wind energy projects in its pipeline. “These projects will be developed by the PetroGreen Energy...
Nepomuceno-led Raslag Corp. will begin deploying its proceeds from its recent initial public offering (IPO) and will be tapping banks to fund its two solar power projects. In a disclosure to the...
Conglomerate San Miguel Corporation is looking to complete 31 battery energy storage systems totaling 1,000 megawatts (MW) by next year to help facilitate the company’s transition from coal to renewable energy and...
Renewable energy, especially offshore wind, can bring in 50,000 “good-paying jobs” in the Philippines if the government would allow foreign entities to have a majority stake in these power companies. Citing the...
The incoming administration of president-elect Ferdinand Marcos Jr. should consider one’s stand on renewable energy in choosing the next Department of Energy (DOE) chief, energy group Power for People Coalition (P4P) said. ...
Lopez-led Energy Development Corporation (EDC) has signed a power supply agreement (PSA) with TDK Philippines Corporation as part of the manufacturing company’s climate change efforts. First Gen Corporation’s renewable energy arm will...
Ayala-led ACEN has renewed its power supply agreement (PSA) with Polyfoam-RGC International Corporation, the manufacturer of Uratex’s mattresses and foam products. This new PSA marks the manufacturer’s first foray into renewable energy...
