Monday, 29 June 2026
Nasdaq -0.24%
Subscribe NowSupport Us
Partner feature
Daily Tribune partner feature
Partner feature

Daily TribuneDaily Tribune

Daily TribuneDaily Tribune
Subscribe
Monday, 29 June 2026
Nasdaq -0.24%
  • News
  • Business
  • Commentary
  • Life
  • Show
  • Tech Talks
  • Sports
  • Dyaryo Tirada
Partner feature
Subscribe to Daily Tribune
Daily Tribune

The Philippines' leading digital newspaper.

News
  • Headlines
  • Metro
  • Nation
  • World
Business
  • Shipping
  • Portraits
  • Pep
  • Business Advisories
Commentary
  • Opinion
  • Editorial
  • Scuttlebutt
Life
  • Show
  • Food & Drink
  • Getaways
  • Arts & Culture
  • Social Set
  • Spaces
  • Fashion & Beauty
  • The Edit
  • Top Form
  • Next Gen
  • Sacred Space
  • Project Larawan
Sports
  • Hoops
  • Volley
  • Golf
  • Goal
  • Boxing
  • Tennis
  • Esports
  • Blast

More

  • Tech Talks
  • Dyaryo Tirada
  • Horoscope
  • Sudoku
  • Crossword
  • Photos
  • Embassy
  • Hotspot
  • Special Report
  • Innovation
  • Partnership
  • Remember Me
  • Environment
  • Natural Wonders
  • Earth

Company

  • About
  • Contact
  • Advertise
  • Privacy
  • Subscribe
  • Support Us

© 2026 Daily Tribune · tribune.net.ph · Powered by Quintype

BUSINESS

Fourth green auction draws 142 bidders

Maria Bernadette Romero·17 July 2025, 5:52 pm

Share

Google Preferred Sources

Get more Daily Tribune stories in your search results

Add Daily Tribune as a preferred source on Google Search.

Add to Google
Fourth green auction draws 142 bidders
Partner feature
Driver's Den on YouTube

A total of 142 energy firms have qualified to participate in the Department of Energy’s (DOE) fourth round of the Green Energy Auction (GEA-4).

In an advisory issued on 16 July but only made public on Thursday, the advisory showed that among the notable firms in the roster are Citicore Renewable Energy Corp. with 27 potential bids, Joy-Nostalg Solaris Inc. with 10, and SMC Global Light and Power Corp., the energy arm of San Miguel Corp., with 8. 

Also included are Alabel Solar Energy Corp. and Envision Energy Power Corp., each with 7 potential bids, and Mainstream Renewable Power Philippines Corp., a unit of global renewables developer Mainstream Renewable Power, with 5.

Other participants include major industry players such as SN Aboitiz Power – Magat, Inc., CleanTech Global Renewables Inc., Phinma Solar Energy Corp., and Basic Energy Corp.

The list, finalized by the Green Energy Auction - Bids Evaluation and Awards Committee (GEA-BEAC), followed the review of registration documents and appeals submitted by applicants. 

“The auction round covers the development of Solar, Solar integrated with Energy Storage Systems or IRESS, and Onshore Wind, and reinforcing the DOE’s commitment to increasing Renewable Energy share in the power generation mix while enhancing grid reliability and resiliency,” the DOE said in a statement. 

The pre-bid conference for qualified companies is scheduled for 28 July via a virtual platform. Bidders are required to submit proof of bid bond posting and a unique email address per project between 12 and 27 August.

To recall, the DOE increased the capacity for the GEA-4 to 10,653 megawatts (MW), up from 10,478 MW, to boost developer participation and accommodate technologies like floating solar.

The updated target includes 9,553 MW from solar and wind projects for 2026 to 2029 delivery, plus 1,100 MW of solar with battery storage.

Floating solar capacity in Luzon was reallocated across later years, while 175 MW was added in the Visayas to meet investor demand.

Share

Google Preferred Sources

Get more Daily Tribune stories in your search results

Add Daily Tribune as a preferred source on Google Search.

Add to Google
Partner feature
Driver's Den on YouTube

Suggested Articles

Rockport builds network for retail power choice
BUSINESS

Rockport builds network for retail power choice

Rockport Power is expanding its partnerships with distribution utilities and electric cooperatives to keep up with the…

Maria Bernadette Romero·28 June 2026

UnionBank Online
PARTNERSHIP

UnionBank Online

DT·28 June 2026

Bright Kindle Resources & Investment, Inc.: Notice of Annual Stockholders' Meeting
PARTNERSHIP

Bright Kindle Resources & Investment, Inc.: Notice of Annual Stockholders' Meeting

DT·28 June 2026

Anglo Philippine Holdings Corp.: Notice of Annual Stockholders' Meeting
PARTNERSHIP

Anglo Philippine Holdings Corp.: Notice of Annual Stockholders' Meeting

DT·28 June 2026

United Paragon Mining Corp.: Notice of Annual Stockholders' Meeting
PARTNERSHIP

United Paragon Mining Corp.: Notice of Annual Stockholders' Meeting

DT·28 June 2026

Higher imports widen Q1’s external gap
BUSINESS

Higher imports widen Q1’s external gap

The Philippines' balance of payments (BoP) deficit widened to $5.3 billion in the first quarter of 2026, equivalent to…

Toby Magsaysay·28 June 2026