Power infrastructure to drive Indonesia’s energy sector growth: Fitch Solutions
Construction of power infrastructure — chiefly coal-fired power plants — will remain the primary driver of growth in Indonesia’s energy and utilities sector for the near future, said Fitch Solutions Macro Research in a Jan 16 report. However, there are risks that power projects may be postponed due to the country’s widening current account deficit and a weakening […]
DOE receives 331 applications for projects of national significance
THE Department of Energy (DOE) has received 331 applications from industry stakeholders seeking the certification of their power projects as “energy projects of national significance [EPNS].” As of January 11, the DOE said in its website that 293 applications were accepted while 38, or 11 percent, were notified of their noncompliance as to form or documentary […]
2 PH firms among world’s top 200 greenest firms
ORMOC CITY – Two Philippine companies, the Lopez-led First Gen Corporation and Energy Development Corporation (EDC), have been included in the latest list of the world’s top 200 biggest and greenest companies. The two companies have their offices here with First Gen in Ormoc City, and EDC in Kananga, Leyte. The prestigious list, called the […]
AboitizPower remains keen on offshore biz
MANILA — AboitizPower remains keen on investment opportunities outside the Philippines, its Chief Operating Officer Emmanuel Rubio said Tuesday. Rubio told reporters that the company is still looking for investment opportunities in the power generation business in Southeast Asian countries such as Indonesia, Myanmar, and Vietnam. He said AboitizPower is currently doing feasibility studies and […]
It’s decision time for Southeast Asia as power demand soars
Southeast Asia’s energy demand is expected to grow by two-thirds by 2040, requiring massive investment in new energy generation and transmission. Installed capacity will double from 240 gigawatts to 565 gigawatts, which amounts to adding a bit more than Japan’s total electricity capacity. To meet their growing needs, countries have to make pivotal choices. They […]
ICTSI’s MICT receives Philippines’ first eco-friendly RTGs
International Container Terminal Services, Inc. (ICTSI)’s Manila International Container Terminal (MICT) has received the Philippines’ first hybrid rubber-tired gantries (RTGs), as part of a long-term investment in capacity enhancement and environmental efficiency. Four out of 16 hybrid RTGs have been delivered, each equipped with a 200kVA Li-ion battery and a smaller diesel engine that aims […]
Search for eco-schools highlights climate change
MANILA – Climate change will be a major consideration in evaluating initiatives of schools joining the search for the country’s most sustainable and eco-friendly public and private elementary and high schools, as well as higher education institutions (HEIs) starting this year. “We’re highlighting climate change due to what’s happening around us,” Elenida Basug, the Department […]
Cleanergy powers all Net Group buildings in BGC
MANILA — AboitizPower’s Cleanergy is now providing all seven buildings of The Net Group (TNG) with clean and renewable energy. AboitizPower and TNG signed a power supply contract on Thursday, in which the former will supply a total of 13.5 megawatts (MW) to TNG’s seven office buildings. These TNG buildings include Net Park, Net Lima, […]
Energy World Corp receive DoE permit in the Philippines
The directors of Energy World Corp (ASX:EWC) are pleased to receive an a permit from the Department of Energy in the Philippines to construct, own and operate a liquefied natural import terminal and regassification facility. The permit allows for an extended construction period of 24 months. This will enable completion date for the first tank […]
When Keeping Cool, Socioeconomic Status Matters
AsianScientist (Jan. 2, 2018) – Singapore households from different socioeconomic groups vary significantly in their use of water and electricity for heat relief, according to a study by researchers from the National University of Singapore (NUS). They published their findings in the journal Nature Communications. In Southeast Asia, climate models project annual temperature to increase […]