MANILA – Department of Energy (DOE) Secretary Sharon Garin on Friday expressed confidence in hitting the government’s goal to increase the share of renewable energy (RE) to the total power mix to 35 percent by 2030, given the huge interest among investors.
MANILA, Philippines — Razon-led Negros Electric and Power Corp. has secured a five-year baseload supply contract with Aboitiz Power Corp., a move expected to strengthen energy security in its franchise area.
MANILA, Philippines — The P19.7-billion entry of Maharlika Investment Corp. (MIC) into the country’s grid operator could face further delays, with the deal’s completion potentially slipping into next year, according to the top energy official.
Manila Electric Co. and the U.S. Trade and Development Agency (USTDA) signed an agreement for a $2.7 million grant to conduct a feasibility study on small modular reactors (SMRs) for the Philippines.
MGen Renewable Energy (MGreen), the clean power subsidiary of Meralco PowerGen (MGen), is eyeing a share swap with SP New Energy Corp.’s (SPNEC) renewable platform as early as the first half of 2026.
THE Department of Energy (DoE) said it is exploring new low-interest financing schemes for renewable energy (RE) developers to accelerate the rollout of hybrid off-grid power projects served by the Small Power Utilities Group (SPUG).
THE PHILIPPINES will need around $3.9 trillion in investment to unlock the potential of its hydropower resources, according to the PhilHydro Association, Inc.
The Department of Energy (DOE) announced it is working with government and financial sector partners to design new low-interest financing models for renewable energy (RE) developers to accelerate the hybridization of off-grid areas served by the Small Power Utilities Group (SPUG).
THE Energy Regulatory Commission (ERC) said that increasing the number of commissioners may not necessarily expedite decision-making process, but could worsen the gridlock at the commission.
WM SHOPPING CENTER Management, Inc., the developer of WalterMart malls, is expanding its partnership with First Gen Corp. to power its malls with renewable energy (RE).