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WEBLegislators urge DOE and ERC to improve grid access for power plants. Two lawmakers are calling on the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to guarantee that power plants remain connected to the.. Business. 6 Sep.
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WEBMERALCO increases stake in SPNEC. MERALCO PowerGen Corp. (MGen), a fully owned subsidiary of Manila Electric Co. (MERALCO), is set to increase its shareholding in SP New Energy Corp. (SPNEC).. Business. 5 Sep.
First Gen lines up 9,000 MW of RE in net zero goal
WEB1 day ago · In its dedication to achieving net zero, First Gen Corporation is preparing 9,000 megawatts (MW) of renewable energy (RE). In a report by Manila Bulletin, First Gen Chairman and CEO Federico R. Lopez said that the firm is eyeing to expand its low-carbon energy portfolio to 13,000 MW by 2030, 9,000 MW of which will come from RE.. Additionally, the Lopez group is planning to use gas as a ...
DOE eyes 3,309MW capacity boost in 2024 | Power Philippines
WEBon February 14, 2024 at 1:50 pm. The Department of Energy (DOE) anticipates a significant capacity addition of 3,309 megawatts in the country this year, including 334 megawatts from battery energy storage systems (BESS). Primarily, the Luzon grid will witness a surge in renewable energy (RE) technologies, dominated by solar farm projects at ...
Nakashin Davao’s P26 M solar project gets BOI approval
WEB1 day ago · The Board of Investments (BOI) has granted approval to Nakashin Davao International Inc.’s Php 26-million solar rooftop system. In a report by Philippine Star, the BOI announced that it approved the registration of Nakashin’s 519.2-kilowatt peak (kWp) solar photovoltaic rooftop system, which would be …
DOE optimistic about P1.35T investments, with RE leading the way
WEB2 days ago · on September 19, 2024 at 1:31 pm. The Department of Energy (DOE) is optimistic about the Board of Investments’ (BOI) recent report, which reveals that investment inflows in the country have reached Php 1.35 trillion since January, surpassing last year’s Php 1.26 trillion. The energy sector’s contribution, accounting for Php 1.29 trillion ...
Over 4,000MW in power projects endorsed for system impact …
WEBNov 2, 2021 · The Department of Energy (DOE) has endorsed 13 more projects worth 4,149.3 megawatts (MW) to the National Grid Corporation of the Philippines for system impact study, as of end-September, for a total of 67 power ventures this year. Diesel (1,476.69MW), liquefied natural gas or LNG (1,340MW), and wind projects (1,210MW) — particularly offshore ...
IRENA: Ph RE capacity up 9% in 2021 - Power Philippines
WEBApr 20, 2022 · The Philippines’ estimated renewable energy (RE) capacity went up by nine percent to 7,617 megawatts (MW) in 2021 from 6,986MW in 2020, according to a report by the International Renewable Energy Agency (IRENA). Bioenergy had the biggest increase with 314MW in new capacity, resulting in a total of 827MW from 513MW previously.
Coal still top source of power – DOE | Power Philippines
WEBJul 4, 2023 · Power Philippines News. Data from the Department of Energy (DOE) revealed that the country’s on-grid power capacity grew by five percent at the end of 2022, with coal still the dominant power source in the mix. As of 2022, the country’s on-grid capacity stood at 28, 258 megawatts (MW) verus the 26, 882 MW recorded in 2021.
Optimism grows for Philippine IPOs with focus on RE
WEB3 days ago · on September 18, 2024 at 1:46 pm. Optimism continues to surround the Southeast Asian initial public offering (IPO) market, focusing on renewable energy (RE) listings that are boosting the Philippine IPO landscape. In a report by Philippine Star, ASEAN Exchanges said that investor wariness remained high …
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