September 10, 2021

DOE moves to hike renewables share

BY LENIE LECTURA – SEPTEMBER 9, 2021 from Business Mirror 1 The Department of Energy (DOE) is formally adopting the recommendation of the National Renewable Energy Board (NREB) to increase the minimum level of electricity contracted from renewable energy (RE) […]
September 6, 2021

PSALM sets bid price for Pampanga property

BY LENIE LECTURA – SEPTEMBER 6, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has set a minimum bid price of P741.327 million for its 50,447-square meter real estate property in Mexico, Pampanga. The asset […]
September 6, 2021

Govt share in Malampaya funds hits ₧124B–DOE

BY LENIE LECTURA – SEPTEMBER 6, 2021 from Business Mirror The government’s share in the Malampaya fund now stands at roughly P124 billion, the Department of Energy (DOE) said. DOE-Energy Utilization Management Bureau Director Patrick Aquino told lawmakers last week […]
September 6, 2021

‘PHL needs more transmission facilities’

BY LENIE LECTURA – SEPTEMBER 2, 2021 from Business World Renewable energy (RE) players said transmission line constraint is one of the possible hindrances to achieving the country’s target RE capacity in the next 20 years. The country is targeting […]