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Canada backs Philippines energy transition

Canada has committed to support the Philippines in its energy transition, particularly in diversifying into cleaner sources of power such as nuclear......»»

Category: financeSource: philstar philstarMar 7th, 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

Australia Day 2024

Climate change is a challenge we’re all facing. . . This is why we’ll be continuing to support the clean energy transition here in the Philippines. I’m also looking forward to continuing the work to develop a sustainable mining sector......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Day 2024

Climate change is a challenge we’re all facing. . . This is why we’ll be continuing to support the clean energy transition here in the Philippines. I’m also looking forward to continuing the work to develop a sustainable mining sector......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Indigenous people criticize business as usual mining practices

BRASILIA, Brazil - Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system.'We recognize and support the need to end fossil fuel reliance and shift to renewable en.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, April 15

KUALA LUMPUR -- The Malaysian government has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries. The Ministry of Energy Transition and Water Transformation (Petra) said in a statement on Monday that the move is in line with Malaysia's energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Init.....»»

Category: newsSource:  manilanewsRelated NewsApr 15th, 2024

US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines

Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

ACEN, BrightNight partner anew for renewable energy

ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Singapore’s Vena Energy rides on RE wave in Philippines

Vena Energy said it is committed to supporting the government’s renewable energy goals......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Nuclear energy is safe, DOE says

Given historical adversities involving nuclear power plants across the world, the Department of Energy has assured the public of careful planning for the use of nuclear energy in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

DOE backs emergency takeover of oil industry

The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court upheld its emergency takeover power......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DOE kulang sa energy – Hontiveros

Inalaska ni Senadora Risa Hontiveros ang Department of Energy (DOE) na kulang umano sa energy para resolbahin ang kakapusan ng suplay ng kuryente sa bansa. The post DOE kulang sa energy – Hontiveros first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 16th, 2024

Pragmatic approach to energy security

In the midst of surging power demand and concerns over energy security, the importance of a more resilient and robust energy infrastructure in maintaining reliable supply for the Philippines has taken center stage......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

ACEN attains 5-GW renewable energy goal ahead of target

It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Lapid bet renewable energy pangontra sa brownout

Maiiwasan ang madalas na brownout sa Western Visayas kung isusulong ang renewable energy sa rehiyon, ayon kay Senador Lito Lapid. The post Lapid bet renewable energy pangontra sa brownout first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PetroWind supplies power to Panay

PetroWind Energy Inc., a joint venture between Yuchengco-led PetroGreen Energy Corp., EEI Power Corp. and BCPG Public Co. Ltd. of Thailand, continues to ramp up its clean energy projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

DOE, DOST partner for R& D on renewable energy

The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Citicore Energy REIT declares robust Q4 dividend

Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024