Category Archives: News

EO lowers real property tax for IPPs with BOT projects

PRESIDENT Ferdinand R. Marcos, Jr. issued an executive order (EO) that will reduce real property...

PH eyes green energy auction in 2025, bullish on solar investments

Following a successful round of the state initiative to facilitate investments in renewable energy (RE),...

PBBM grants tax cuts, penalty condonation to IPPs under BOT deals

MANILA – President Ferdinand R. Marcos Jr. has authorized the grant of real property tax...

New microgrid auction round to kick off in Q2

THE Department of Energy (DoE) said it will initiate the auction process for microgrid systems...

PHL solar manufacturing seen hindered by power, import costs

THE GOVERNMENT will need to address the high cost of electricity and imported materials before...

Philippines remains heavily dependent on coal power plants, says IEA

MANILA, Philippines — Despite the government’s ban on new coal-fired power plants, the Philippines remains...

Basic Energy finalizes deal with Japan’s Renova

BASIC ENERGY Corp. has finalized its joint development and shareholders’ agreement with Japanese renewable energy...

PEZA, PNOC plan off-grid industrial parks

The Philippine Economic Zone Authority (PEZA) is working with the Philippine National Oil Company (PNOC)...

ERC approves P5B in NGCP transmission projects

THE Energy Regulatory Commission (ERC) has approved four proposed transmission projects of the National Grid...

More renewable energy certificates expected this year — IEMOP

MANILA, Philippines — The Independent Electricity Market Operator of the Philippines (IEMOP) is expecting a...