
Napocor needs P11.5B to avert brownouts
‘For 2025, we need P11.5 billion to be approved. Otherwise, each billion of the deficit would result in about 2.1 hours of no power.’
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‘For 2025, we need P11.5 billion to be approved. Otherwise, each billion of the deficit would result in about 2.1 hours of no power.’
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DoE attributed the lower investor turnout during GEA-2 to factors like supply limitations, low incentives, delays in grid impact studies, and the high cost of…
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Asset purchase alone was somewhere between P700 million to a billion to purchase the assets and then we would still need to do a technical due diligence to see…
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A letter has already been sent to the DOE, explaining that insufficient funding will force Small Power Utilities Group plants to scale down operations, leading…
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‘Our target for the Green Energy Auction 3 is to finish it before the end of the year, such that the pumped storage hydro, [more than] 3,000 megawatts, will be…
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The IPO proceeds are crucial to the company’s efforts to become a powerhouse in the renewable energy sector.
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‘We are talking to banks, and they (the panels of TVI 1 and 2) seem okay and willing (to lend). (The fundraising activities) start this fourth quarter’
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Manila Water Company Inc. (MWC) is joining the growing list of local companies shifting to renewable energy with plans to install solar power systems across…
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The proposed SPIS sites are in Bilis, Irisan, Benin and Ditep.
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GIS is the second mountain school to be powered by Vibant Foundation.
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Developers can expect faster exploration and development of offshore wind ventures moving forward after the Departments of Energy (DoE) and Environment and…
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Improving market conditions is creating a favorable environment for initial public offerings (IPOs). ‘There are 10 companies on my list, but I can’t disclose…
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‘If we can get a total of $25 billion, that’s better. We should aspire for that.’
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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…
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NEW CLARK CITY — President Ferdinand Marcos Jr. led the inauguration of the Philippines’ first manufacturing plant for lithium-iron-phosphate batteries here on…
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‘Fifty percent of these funds are allocated for host communities to finance projects in livelihood and community development, reforestation watershed…
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At Friday's inauguration of the P8.3-billion Panguil Bay Bridge project, which connects Tangub City in Misamis Occidental and Tubod Municipality in Lanao del…
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‘I will perform my functions as ERC Officer-in-Charge Chairman with utmost fairness and independence. ERC will act expeditiously on all pending matters to…
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