Author Archives: LM Staff

DoE says power rates may drop below P0.50/kWh by 2050 with RE rollout

ELECTRICITY RATES may decline to below 50 centavos per kilowatt-hour (kWh) by 2050 as new...

RE auctions to bring down power prices

Electricity prices are seen to significantly go down once the Department of Energy completes the...

DOE names green energy auction winners; offshore wind next

The Department of Energy (DOE) has announced the winners of the third round of its...

ACEN, UPC break ground on 540-MW projects in India

AYALA-LED ACEN Corp. and Singapore-based UPC Renewables have started building two large renewable energy (RE)...

DOE exec sees rise in rooftop solar projects once ERC rules are out

MANILA – More households are expected to utilize renewable energy once the Energy Regulatory Commission...

Hydrocarbons, pumped storage hydro and economic growth

There are a number of good developments in the Philippine energy sector recently. Consider these...

DOE to release smart grid plan in September

The Department of Energy (DOE) announced Tuesday its aims to complete the Smart and Green...

ACEN buys 25%stake in offshore wind developer

ACEN Corp. said Tuesday it signed a deed of absolute sale with CI NMF Philippines...

ACEN acquires shares in 1-GW offshore wind project

AYALA-LED ACEN Corp. said on Tuesday that it is acquiring P2.95 million worth of shares...

First Gen, Cebu Cube Ice renew deal

First Gen Corp. (FGen) has been tapped anew to supply renewable energy (RE) to Cebu...