Power News

October 3, 2024

EDC secures geothermal exploration permit in Indonesia

By Gabriell Christel Galang – Oct 2, 2024 02:52 PM from Manila Bulletin First Gen Corporation’s all-renewable energy arm, Energy Development Corp. (EDC), has received preliminary survey assignments and exploration (PSPE) for two greenfield geothermal projects in Indonesia. During the […]
October 3, 2024

Alternergy bets on renewable energy as government’s top choice

By Gabriell Christel Galang – Oct 2, 2024 02:19 PM from Manila Bulletin Recent discussions have emerged about expanding nuclear energy in the Philippines, but the government continues to prioritize renewable energy (RE) in adjusting the country’s energy mix. During […]
October 2, 2024

GNPD submits lowest bid for Meralco supply

By Ed Paolo Salting – October 2, 2024 from The Manila Times MANILA Electric Co. (Meralco) said Tuesday it had secured the lowest offer for its 400-megawatt (MW) mid-merit supply requirement from Aboitiz Power Corp.’s GNPower Dinginin Ltd. Co. (GNPD). […]
October 2, 2024

Marcos to DoE: Streamline project applications, permits via EVOSS

The President urged the DoE to streamline its processes within the agency so it can achieve simultaneous processing of applications and permits. ‘Let’s try to get as close as possible to simultaneous processing; let’s push it as far as we […]
October 2, 2024

Deal to beef up Buskowitz solar war chest by $100M

By Lenie Lectura – October 1, 2024 from Business Mirror Solar power provider  Buskowitz Energy Inc. will secure up to $100 million for its war chest from APAC Sustainable Infrastructure Fund (A-SIF) to partly fund the rollout of its planned 500 megawatts […]
October 1, 2024

Global funds pick Philippines energy sector

By Brix Lelis – October 1, 2024 | 12:00am from The Philippine Star The Coalition for Emerging Market Infrastructure Investment (CEMII) has identified the Philippines as a prime market, dubbing it the “fastest-growing economy in Southeast Asia.” Businessworld / FREEPIK […]
October 1, 2024

Gov’t starts enforcing higher coco-diesel blend of 3% on Oct. 1

By Alena Mae S. Flores – September 30, 2024, 8:55 pm from manilastandard.net The Department of Energy (DOE) said Monday it will implement a 3-percent coco methyl ester (CME) blend in all diesel fuel on Oct. 1, 2024 to promote […]
October 1, 2024

Alsons sees higher power demand

By Alena Mae S. Flores – September 30, 2024, 7:25 pm from manilastandard.net Alsons Consolidated Resources Corp. is preparing for an increase in power demand in Mindanao and mitigate any shortage in the next four to five years, a top […]
October 1, 2024

Last coal-fired power station in Britain closes

By Agence France-Presse – 11:51 AM September 30, 2024 from inquirer.net After dominating the landscape of the English East Midlands for nearly 60 years, the UK’s last coal-fired power plant Ratcliffe-on-Soar is to close on September 30, 2024, with some […]
September 30, 2024

Law seen boosting RE shift via natgas

LNG’s price has inched to $16 per one million British thermal units (MMBTu), translating to higher electricity prices to the detriment of consumers By Maria Bernadette Romero – 30 Sep 2024, 00:20 from Daily Tribune   Natural gas plays a […]