The Department of Energy (DOE) is optimistic about reaching its goal of 50,000 registered electric vehicles (EVs) by the end of 2025, boosting the country’s push for a more sustainable transportation sector.

ABOITIZ-LED Thunder Consortium has secured approval from the Philippine Competition Commission (PCC) for the acquisition of the P36-billion Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) complex in Laguna.

AIRSTREAM Renewables Corp., a subsidiary of listed NexGen Energy Corp., is allocating $2.5 billion (P146 billion) to develop onshore wind farms with a total capacity of 1.7 gigawatts (GW).

MANILA, Philippines — The national grid has received a major boost following the activation of 956 megawatts of new power projects and 160 MW of storage facilities, moving President Marcos closer to his 2028 energy goal.

The Energy Regulatory Commission (ERC) has authorized Solar Philippines Tanauan Corp. (SPTANC) to develop and own dedicated point-to-point limited transmission facilities to connect its 50-megawatt Tanauan solar power plant in Batangas to the distribution system of Manila Electric Co.’s (Meralco) CIP 2 Substation.

Levanta Renewables signed a strategic partnership agreement with Triconti Windkraft Group (Triconti) to jointly develop the Atimonan onshore wind project in Quezon Province, which has a potential capacity of up to 100 megawatts, costing P8.7 billion.

SOME 956 megawatts (MW) of new capacity was added to the power grid so far this year, as well as 160 MW in new energy storage systems, the Department of Energy (DoE) said.

Saying that government should lead the efforts in tapping renewable energy (RE), Abra lone district Rep. JB Bernos has expressed his support for the Department of Health’s (DOH) plan to use solar energy in public hospitals and other health facilities.

CEBU-BASED Vivant Corp. has obtained a P3-billion three-year term loan from China Banking Corp. (Chinabank) to refinance maturing debt and support its power and water projects, the company said on Thursday.

MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.