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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

PSAC backs government efforts in local talent retention

The jobs sector of the Private Sector Advisory Council expressed support for President Marcos’ efforts aimed at bolstering local talent retention, enhancing vocational training and streamlining business processes in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

SEC enhancing digital initiatives in bid to boost regulatory compliance

The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Earth Hour electricity savings reached 132.11 megawatts – DOE

Electricity savings from last Saturday’s Earth Hour increased by 110.73 percent to 132.11 megawatts from last year’s savings of 62.69 MW, according to the Department of Energy......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

DOE, PNP vow stricter LPG regulation

The Department of Energy has tapped the Philippine National Police for the stricter regulation of the liquefied petroleum gas industry......»»

Category: financeSource:  philstarRelated NewsMar 25th, 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

SC: DOE may take over oil industry in emergencies

The Supreme Court has ruled that the Department of Energy may take over oil industry operations in times of emergency upon the directive of the country’s president......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

DOE bares solutions to Visayas blackouts

As another power outage hit the neghboring islands of Negros and Panay on Friday, the Department of Energy has bared short- and long-term solutions to the power problem besetting Western Visayas......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

DOE lauds Philippines largest solar rooftop installation

The Department of Energy has commended the country’s largest consumer-driven solar rooftop installation, JG Summit’s Merbau project in Batangas City......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

DOE eyes AI use in power sector

The Department of Energy is looking at the use of artificial intelligence to help bolster the power sector’s capabilities in resolving and preventing problems such as power plant outages......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Respect

The claim of the Department of Energy that NGCP refuses to recognize their authority to regulate the grid operator reflects badly on the government’s ability to govern. Unfortunately, it seems that DOE has left it at that and is just hoping ERC will pick up the slack......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

DOE wants better TOR for microgrid bidding system

The Department of Energy plans to improve the terms of reference for the next round of bidding for the development of microgrid systems......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Cebu City sets 14 road opening, widening projects worth P3.8B

  CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025

LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Agencies pledge P6.3B projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Agencies pledge P900M projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow

CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Maharlika fund to invest P35 billion for projects in 2024

State-run Maharlika Investment Corp. will invest P35 billion in various projects this year, particularly on energy, mass housing and transportation......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

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