The Department of Energy (DOE) expanded the capacity target for its upcoming special Green Energy Auction (GEA) round, seeking to attract more project developers by raising the installation limits and extending operational deadlines for waste-to-energy technologies. In a statement on Friday, June 19, the DOE said the government increased the installation target for thermal combustion…

The NOVVA Group has signed a definitive agreement to acquire 100 percent of the San Jose Solar Power Plant, a utility-scale solar project in Bukidnon, Mindanao, from Mabuhay Power Holdings Corp.

The National Grid Corporation of the Philippines (NGCP) said it will “thoroughly evaluate” the new transmission rules released by the Energy Regulatory Commission (ERC) over the weekend.

STATE-RUN National Power Corp. (NPC) aims to operate its power plants using a hybrid mix of renewable energy and diesel by 2028, seeking to reduce the country’s exposure to future oil price shocks, its president said.

MANILA, Philippines — It will require up to P18 billion to construct the country’s first three offshore wind terminals, so the government is turning to the private sector for help in building the projects.

MANILA, Philippines — The United Nations Development Program (UNDP) is looking to strengthen cooperation with the Philippines in accelerating energy security, developing digital skills and mitigating climate risks to boost the country’s long-term resilience.

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.