THE solar and storage industries are lobbying the government to give them access to some of the funding to be set aside for the planned strategic energy reserve, citing the need to fast-track the rollout of rooftop solar systems.
MANILA, Philippines — ACEN Corp. of the Zobel family has injected an additional P1 billion into a subsidiary responsible for securing new strategic sites for its renewable energy (RE) expansion.
Vivant Energy Corp. said it signed a term loan agreement with Metropolitan Bank and Trust Co. for up to P8.5 billion to fund its power generation projects and capital expenditure requirements.
The Philippines must build a large and sustained offshore wind pipeline if it hopes to attract investments in ports, transmission infrastructure, supply chains, financing, and workforce development, according to industry leaders and development finance experts.
The Department of Energy is drafting a circular to guide developers interested in participating in the country’s emerging nuclear power industry, an agency official said.
Philippine renewable energy firm SunAsia Energy Inc. and Vietnam-based VinEnergo have forged a strategic partnership to develop a $406-million, 422-MWp Solar on Water portfolio in Pampanga and Negros Occidental.
The Department of Energy (DOE) hopes to issue a circular by late this year or early 2027 to provide the framework for establishing nuclear energy plants in the Philippines.
The Department of Energy suspended indefinitely a special round of the Green Energy Auction Program scheduled for August that covers 230 megawatts of waste-to-energy (WTE) projects.
SN Aboitiz Power (SNAP), a joint venture between Scatec and Aboitiz Power Corporation, welcomed indigenous peoples, members of the Tribal Communities Association of the Philippines (TRICAP), and various stakeholders in Baguio City for POWER 101, a two-day learning and exposure program on the power sector.
MAJOR mall operators are set to restore regular operating hours across Metro Manila this month even as the national energy emergency declared in March remains in effect, while continuing to participate in government-led energy conservation efforts.