Author Archives: LM Staff

CREC fast-tracks nine solar projects this year, aims for 1-GW annual capacity

Citicore Renewable Energy Corporation (CREC) announced it will launch nine solar projects in Batangas, Pampanga,...

DOE open to ASEAN cooperation to develop region’s nuclear energy

The Department of Energy said it is open to regional cooperation with ASEAN countries to...

Citicore eyes higher capex to support projects

RENEWABLE ENERGY developer Citicore Renewable Energy Corp. (CREC) is expecting a higher capital expenditure (capex)...

Alternergy advancing capital-raising program with new advisors

LISTED renewable energy firm Alternergy Holdings Corp. has tapped two financial advisors for its next...

US energy firms keen on ‘ultra-deep’ areas in PHL

AMERICAN energy companies are expressing renewed interest in oil and gas exploration in the Philippines,...

Joint venture seeks Ilocos Norte dads’ endorsement for wind project

LAOAG CITY – Ilocos Norte Vice Governor Cecilia Araneta-Marcos said proponents of the PHP330-billion two-gigawatt...

Offshore wind to add 16 GW in new capacity — Energy dep’t

THE Department of Energy (DoE) said it is projecting more than 16 gigawatts (GW) of...

Budget for RE development program hiked to P155 million

MANILA, Philippines — The Marcos administration has ramped up funding for the country’s renewable energy...

833 power firms’ plaints resolved

THE Energy Regulatory Commission (ERC) revealed last Sunday 833 cases and motions filed by power...

NGCP: Gov’t uses dark fiber network for free

National Grid Corp. of the Philippines (NGCP) said over the weekend no third party is...