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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.....»»
First Gen seeks bids for LNG supply
Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»
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.....»»
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......»»
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......»»
ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
Power rates expected to rise because of El Niño
DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»
Nuclear energy on tycoons’ radar
Companies led by business titans Manuel V. Pangilinan, Sabin M. Aboitiz and Enrique K. Razon continue their quest for nuclear power in a bid to support the country’s energy security in the coming years......»»
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......»»
Binance ban a boon to local crypto firms
Local crypto traders are now experiencing as much as four times higher transaction volumes as investors shift their tokens from Binance......»»
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......»»
DOE monitoring power situation amid El Niño
Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
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......»»
Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles
Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»
Firms target professionals with overseas experience
Companies are expressing a preference for Filipino professionals with overseas experience for leadership roles as they continue the shift toward digitalization as well as the rise of shared service hubs, according to global recruitment specialist Robert Walters......»»
Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP
ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»
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......»»