MGEN Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), has energized its solar power plant in Bongabon, Nueva Ecija, which can generate 19.8 megawatts alternating current (MWac) of clean energy.
THE Energy Regulatory Commission (ERC) said it has put on hold until March decisions on several ancillary service procurement agreements (ASPA) submitted by the National Grid Corp. of the Philippines (NGCP) and its potential suppliers.
MANILA — Ayala Corporation’s energy arm ACEN said it will soon be supplying power to all three campuses of the Philippine Cultural College (PCC).
PRESIDENT Ferdinand R. Marcos, Jr. issued an executive order (EO) that will reduce real property tax for independent power producers (IPPs) engaged in build-operate-transfer (BOT) deals with government-owned and -controlled corporations (GOCCs).
Following a successful round of the state initiative to facilitate investments in renewable energy (RE), the Philippine government is planning to conduct another Green Energy Auction (GEA) in 2025.
MANILA – President Ferdinand R. Marcos Jr. has authorized the grant of real property tax (RPT) relief to Independent Power Producers (IPP) operating under the Build-Operate-Transfer (BOT) contracts with government-owned or -controlled corporations (GOCCs).
THE Department of Energy (DoE) said it will initiate the auction process for microgrid systems providers (MGSP) in the second quarter, following the failure of the previous round.
THE GOVERNMENT will need to address the high cost of electricity and imported materials before the manufacturing of solar photovoltaic modules can become competitive, an industry association said.
MANILA, Philippines — Despite the government’s ban on new coal-fired power plants, the Philippines remains heavily dependent on coal to meet its growing energy demand, according to the the International Energy Agency.
BASIC ENERGY Corp. has finalized its joint development and shareholders’ agreement with Japanese renewable energy developer Renova, Inc., advancing their development of the 50-megawatt (MW) Mabini Wind Power Project in Batangas.