THE National Grid Corp. of the Philippines (NGCP) said it obtained approval from the Energy Regulatory Commission (ERC) to build a P11.86-billion interconnection facility to meet growing power demand on Siargao Island.

MANILA – Officials from the Association of Southeast Asian Nations (ASEAN) and the Manila-based Asian Development Bank (ADB) have agreed to identify priority areas under the ASEAN Plan of Action for Energy Cooperation (APAEC).

ACEN Corp. is ramping up renewables spending this year to over P80 billion to complete more than 5 gigawatts (GW) of renewable energy (RE) projects.

The Philippines has approved P2 billion in new solar energy investments as the government accelerates its transition toward a cleaner power mix, the Board of Investments said Tuesday.

THE Visayas grid was placed on yellow alert on Tuesday, the first such alert this year, following forced outages at several power plants, according to the National Grid Corp. of the Philippines (NGCP).

SAAVEDRA-LED Citicore Renewable Energy Corp. (CREC) is diversifying its renewable energy (RE) portfolio with the development of onshore wind farms totaling nearly 200 megawatts (MW).

THE GOVERNMENT should enforce rigorous screening of energy players seeking to invest in the country’s renewable energy (RE) market to ensure project delivery, analysts said, following the mass cancellation of several contracts that failed to meet development timelines.

Businessman Enrique Razon Jr.’s Prime Energy Resources Development B.V., operator of Service Contract No. 38, hailed the discovery of a new natural gas field at Malampaya East-1 as a breakthrough for Philippine energy independence.

THE Department of Energy (DoE) said Southeast Asian energy officials are set to start setting priorities for regional energy collaboration.

ACEN CORP., the listed energy platform of the Ayala group, is expanding its renewable energy presence in the Philippines with the energization of its P2.8-billion solar farm in San Manuel, Pangasinan.