April 12, 2018

DOE likely to accede to scrapping of RE perks under TRAIN-2

By Myrna M. Velasco – Updated April 11, 2018, 10:08 PM from Manila Bulletin The Department of Energy (DOE) will likely throw its support to the proposal to scrap the value-added tax (VAT) zero rating incentives for renewable energy (RE) […]
April 2, 2018

EDC sets P4.29-B spending for 2018

By Jordeene Sheex Lagare – April 2, 2018 from The Manila Times LOPEZ-LED Energy Development Corp. (EDC) has programmed P4.29 billion in capital expenditures (capex) for this year, with most of the funds to be used for improving the geothermal […]
April 2, 2018

TRAIN 1 hits 50% of power supply – DOE

By Myrna M. Velasco – April 1, 2018, 10:00 PM from Manila Bulletin The percentage of the country’s power supply that shall be levied with excise taxes under the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) […]
March 27, 2018

DOE forms central committee to approve, review service contracts

By Myrna Velasco – Updated March 27, 2018, 8:56 AM from Manila Bulletin All approvals on award as well as review of energy service contracts will now go through a centralized review body that was institutionalized by the Department of […]