MANILA – Listed renewable energy firm Alternergy Holding Corporation on Friday retained majority ownership of the Tanay and Alabat wind power projects in its co-investment tie-up with ABC Energy Inc. worth PHP2.4 billion.
ALCANTARA-LED Alsons Power Supply Corp. has partnered with St. Peter’s College (SPC) in Iligan City to launch the Alsons Power Cadetship Training Program, an 18-month initiative aimed at developing young professionals for leadership roles in the energy sector.
MANILA, Philippines — Pump prices of petroleum products are set to climb by as much as P2 per liter today as tensions abroad continue to rattle the global oil market.
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.