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Solon pushes creation of Dept of Water Resource Management

CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

US Senate panel urges Treasury Dept to make tech firms comply with sanctions

US Senator Mark Warner says tech companies like Alphabet and Meta have continued to provide adtech services to sanctioned entities with ties to 'foreign adversaries'.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

NGCP completes backbone project in Visayas ahead of schedule

The National Grid Corp. of the Philippines has completed a backbone project in the Cebu-Negros-Panay area four days ahead of schedule, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

NAPOCOR seeks approval of higher subsidized rates

The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»

Category: financeSource:  philstarRelated NewsJan 30th, 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

‘Congress may review NGCP’s franchise’

The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Power reserve market starts full commercial operations

The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»

Category: financeSource:  philstarRelated NewsJan 26th, 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

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

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024