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WEBLegislators urge DOE and ERC to improve grid access for power plants. Two lawmakers are calling on the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to guarantee that power plants remain connected to the.. Business. 6 Sep.
DOE optimistic about P1.35T investments, with RE leading the way
WEB1 day ago · on September 19, 2024 at 1:31 pm. The Department of Energy (DOE) is optimistic about the Board of Investments’ (BOI) recent report, which reveals that investment inflows in the country have reached Php 1.35 trillion since January, surpassing last year’s Php 1.26 trillion. The energy sector’s contribution, accounting for Php 1.29 trillion ...
DOE eyes 3,309MW capacity boost in 2024 | Power Philippines
WEBon February 14, 2024 at 1:50 pm. The Department of Energy (DOE) anticipates a significant capacity addition of 3,309 megawatts in the country this year, including 334 megawatts from battery energy storage systems (BESS). Primarily, the Luzon grid will witness a surge in renewable energy (RE) technologies, dominated by solar farm projects at ...
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WEBMERALCO increases stake in SPNEC. MERALCO PowerGen Corp. (MGen), a fully owned subsidiary of Manila Electric Co. (MERALCO), is set to increase its shareholding in SP New Energy Corp. (SPNEC).. Business. 5 Sep.
New Energy: PH has gaps in funding, support for clean energy …
WEB1 day ago · on September 19, 2024 at 11:25 am. New Energy Nexus (NEX), an international clean energy nonprofit, reports that the Philippines is facing significant financial and infrastructure gaps in supporting clean energy and climate-focused startups. In a report by Philippine Star, NEX said that although climate-focused ventures surged from 15 …
DOE: 4,000 MW power projects will come online this year
WEBon April 25, 2024 at 3:53 pm. In an attempt to amplify the country’s energy infrastructure and strengthen the power supply, the Department of Energy (DOE) announces that around 4,164.92 megawatts (MW) of power projects, which is a mix of renewable and conventional sources, will come online this year. “We call upon the LGUs and other ...
Optimism grows for Philippine IPOs with focus on RE
WEB2 days ago · on September 18, 2024 at 1:46 pm. Optimism continues to surround the Southeast Asian initial public offering (IPO) market, focusing on renewable energy (RE) listings that are boosting the Philippine IPO landscape. In a report by Philippine Star, ASEAN Exchanges said that investor wariness remained high …
IFC, AboitizPower to study RE as baseload power
WEBMar 31, 2022 · Power Philippines News. on March 31, 2022 at 5:12 pm. The International Finance Corporation (IFC) and Aboitiz Power Corporation have signed an agreement to explore and help assess the viability of renewable energy (RE) as a source of baseload power in the Philippines. Under the agreement, IFC …
New power plants to add almost 9,000MW | Power Philippines
WEBApr 14, 2021 · Power Philippines News. on April 14, 2021 at 6:23 pm. 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). This is 58% higher compared to the 5,691.1MW in additional capacity committed by power firms as of end-2019.
Citicore, San Miguel join forces on 153.5-MW Bataan solar project
WEBJul 18, 2024 · Citicore Renewable Energy Corporation (CREC) and San Miguel Global Light and Power Corporation (SGLP) is set to complete their 153.5-megawatt (MW) solar power project in Barangay Lucanin, Mariveles, Bataan, by the end of 2025. In a report by Manila Standard, CREC president Oliver Tan said that the firm is already working on the engineering design.
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