June 28, 2022

RE developers subject to bid bond cancellation

By Myrna M. Velasco – June 27, 2022, 4:00 PM from Manila Bulletin Renewable energy (RE) developers, which have been awarded with 20-year power supply agreements (PSAs) under the Green Energy Auction Program (GEAP), face bid bonds cancellation if they […]
June 21, 2022

DOE: 24 bidders join green energy auction

BY LENIE LECTURA – JUNE 20, 2022 from Business Mirror Twenty-four bidders participated in the country’s first green energy auction held last week. The Department of Energy (DOE), through the Green Energy Auction Bids Evaluation and Awards Committee (GEA-BEAC), conducted […]
May 13, 2022

DOE plans to bid out 2,000MW RE capacities on June 17

By Myrna M. Velasco – May 12, 2022, 4:04 PM from Manila Bulletin Roughly two weeks before the exit of the Duterte administration, the Department of Energy (DOE) is scheduling on June 17 the first round of bidding of 2,000 […]
March 25, 2022

ERC announces green energy auction prices

BY LENIE LECTURA – MARCH 24, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the preliminary Green Energy Auction Reserve (GEAR) prices for the upcoming Green Energy Auction for Renewable Energy. The preliminary GEAR price for solar […]