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10 offshore wind projects to generate power by 2028

At least 10 offshore wind projects with 6.72-gigawatt (GW) capacity are expected to generate power by 2028, according to Energy Undersecretary Rowena Cristina Guevara......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Alternergy income reaches P121 million

The earnings of renewable energy firm Alternergy Holdings Corp. reached P121.16 million for the first half of its fiscal year......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

PSE approves listing of GSIS-owned Alternergy preferred shares

Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Alternergy quarterly profit up 3198% y/y

Alternergy posted a Q2/24 net income of P24.2 million, which was up 3,198% y/y from its Q2/23 net loss of P0.8 million......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

UPC Power completes purchase of 38MW wind project in US

UPC Power completes purchase of 38MW wind project in US.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

PPPs eyed for offshore wind farms in ports

The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Green groups seek relocation of planned wind farm outside Masungi

Shifting to cleaner energies like solar and wind is essential to mitigate the impacts of climate change. However, environmental organizations stressed that clean energy initiatives should not come at the expense of the country’s natural heritage......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Editorial: Raising the bar for Sinulog 2025

Editorial: Raising the bar for Sinulog 2025.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

Are Filipinos conscious?

There is a difference between raising awareness and raising consciousness and perhaps, little did any of us know that awareness cannot exist without consciousness. Confusing? I’d think so, even for me at times......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Western Australia in ‘extreme’ heatwave, raising bush fire risk

SYDNEY — Parts of Western Australia were gripped by an “extreme” heatwave on Saturday, raising the risk of bushfires in the vast state, the nation’s weather forecaster said. The Bureau of Meteorology had an “extreme heat-wave warning” in place on Saturday for the remote Pilbara and Gascoyne areas of Australia’s largest state, warning temperatures there.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

Council divided on raising fair market values

Council divided on raising fair market values.....»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

North Korea resumes missile tests, raising tensions with its rivals after their military drills end

North Korea resumes missile tests, raising tensions with its rivals after their military drills end.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

175 power projects cleared for system impact studies

A total of 175 power generation projects have been cleared by the Department of Energy to conduct system impact studies with the National Grid Corp. of the Philippines in 2023......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

DOE urged to prioritize environment in expanding power projects

Environmental advocates of Protect VIP — a network that focuses on safeguarding the Verde Island Passage marine corridor — have urged the Department of Energy to exercise caution in its expansion of power generation projects in the marine biodiversity hotspot. .....»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024