THE Department of Energy (DoE) said it is stepping up efforts to identify financing models that could support the Philippines’ entry into nuclear power, as the government seeks to balance energy security, climate goals, and investor risk.
HE Department of Energy (DoE) is inviting interested industry players to submit competing proposals to explore potential native hydrogen resources in a nominated area in southern Zambales, with four more in the pipeline.
SHARES in Manila Electric Co. (Meralco) climbed last week as investors responded to announcements on the company’s modernization initiatives, including a partnership with US-based Itron, Inc., aimed at strengthening its distribution network, analysts said.
Global bathroom fixtures solutions provider HCG, through its subsidiary Hocheng Philippines Corp. (HCG Philippines), has achieved 100-percent renewable energy (RE) for its domestic operations after switching on an on-site solar power facility.
State-run Power Assets and Liabilities Management Corp. (PSALM) expects to raise between P40 billion and P90 billion from the privatization of the Agus-Pulangi hydro complex in Mindanao through a concession agreement.
The Philippine Ports Authority (PPA) is seeking P4.6 billion in government funding to develop two ports in preparation for offshore wind projects, with the goal of delivering the first kilowatt hour of offshore wind power by 2028.
The petroleum and coal arm of the Philippine National Oil Co. (PNOC) is seeking a budget of P11.1 billion mainly for next year’s planned exploration and production (E&P) activities, including native hydrogen, as part of the country’s efforts to develop indigenous clean energy sources.
THE Department of Energy (DoE) was asked to explain in the Senate the delay in closing the deal signed by the Maharlika Investment Corp. (MIC) to take a stake in the National Grid Corp. of the Philippines (NGCP).
The Energy Regulatory Commission (ERC) has authorized San Miguel Corp.’s Mariveles Power Generation Corp. (MPGC) to develop and connect the initial phase of its 1,200-megawatt (MW) coal-fired power plant in Mariveles, Bataan, to the Luzon grid.
PacificLight Power Pte. Ltd. (PLP) has awarded an engineering, procurement, and construction (EPC) contract to a consortium comprising Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and Jurong Engineering Limited (JEL) to develop Singapore’s largest, high-efficiency combined cycle gas turbine (CCGT) facility.