Developing two strategic ports in the Philippines will require around $537 million in investments but could unlock billions of dollars in offshore wind development, according to a Global Wind Energy Council report.

MANILA, Philippines — With El Niño and a national energy emergency threatening the country, Manila Water is speeding up its shift to renewable energy and improving the current energy efficiency of its facilities.

MANILA – Pangilinan-led Manila Electric Company (Meralco), its power generation arm Meralco PowerGen Corp. (MGEN), and Vietnam-based VinEnergo Energy Joint Stock Company have signed a memorandum of understanding (MOU) to explore a renewable energy-based solution capable of delivering up to 5 gigawatts (GW) of baseload-equivalent capacity.

From AB Capital’s The Opening Bell: Three Moves Event The Energy Regulatory Commission (ERC) approved implementing rules allowing entities other than National Grid Corp. of the Philippines (NGCP) to finance and construct certain transmission projects identified by the Department of Energy (DOE), including generation-related transmission facilities (Associated Transmission Projects) and strategic grid expansion projects (Priority…

MANILA – The Department of Energy (DOE) announced a big-time price rollback in fuel prices beginning Tuesday.

SunAsia Energy and Vietnam’s VineEnergo have sealed a partnership to put up three floating solar facilities worth $416 million.

The Global Wind Energy Council (GWEC) has identified the Agila Subic and Bulalacao ports as priority sites that need to be developed to accommodate the capital-intensive offshore wind (OSW) power projects.

Mitsubishi Power and South Premiere Power Corp. (SPPC) signed a Long-Term Parts and Services Agreement (LTPSA) for the 1,200-megawatt (MW) Ilijan combined cycle power plant in Batangas.

THE Department of Energy (DOE) on Monday said the country’s projected peak demand was not reached, attributing this primarily to additional capacity from renewable energy (RE), the early arrival of seasonal rains, and various energy efficiency measures.

PARIS, France – The future energy mix demands the coexistence of nuclear and renewable energy (RE) technologies, but the growing prevalence of RE-induced negative pricing is exposing fundamental weaknesses in new market design—weaknesses that nuclear power supply agreements (PSAs) must confront head-on if long-term revenue stream certainty is to be locked in.