December 17, 2021

PSALM ordered not to take on more liabilities from Mindanao power co-ops owing billions

By Marielle C. Lucenio – December 17, 2021 | 12:10 am from Business World THE Power Sector Assets and Liabilities Management Corporation (PSALM) said Wednesday that it has been instructed by the Department of Finance (DoF) to stop taking on […]
December 13, 2021

Renewable companies gear up for DoE’s green energy auction

By Marielle C. Lucenio – December 12, 2021 | 10:24 pm from Business World RENEWABLE Energy companies are weighing their participation in the Green Energy Auction Program (GEAP) after the Department of Energy (DoE) finally launched the rules governing the […]
December 13, 2021

RE projects with 16,000 MW capacity make DoE initial cut

By Marielle C. Lucenio – December 9, 2021 | 9:28 pm from Business World RENEWABLE ENERGY (RE) projects accounted for 55% of the 93 proposals evaluated for grid integration as of November, with only one coal-fired facility obtaining similar clearance, […]
December 7, 2021

Banks expect to keep lending to coal-fired power projects

By Marielle C. Lucenio – December 5, 2021 | 11:30 pm from Business World Banks expect to continue lending to coal-fired power projects as the Philippines shifts to cleaner and renewable energy sources by 2040, pending developments in an Asian […]