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PH gives more perks to firms using own renewable energy

MANILA – The Board of Investments (BOI) is providing more incentives to registered projects that will be supplying their own electricity by putting up their own renewable energy (RE) facility.

McDonald’s Malaysia Partners With TNB And GSPARX To Reduce Carbon Footprint With Solar Installations

McDonald’s Malaysia has entered into a strategic partnership with Tenaga Nasional Bhd (TNB) and GSPARX Sdn Bhd (GSPARX) to implement renewable energy solutions at 100 of its drive-through restaurants in the country, aiming to reduce its local carbon footprint.

Portugal eyes collaboration on renewable energy with PH

Portugal is looking to explore opportunities and possible cooperation with the Philippines on a wide range of areas, including green transition and renewable energy.

Norway eyes training Filipinos to build up offshore wind workforce

MANILA – The Royal Norwegian Embassy in Manila is in discussion with stakeholders in Norway and the Philippines to help the latter prepare its workforce for offshore wind energy developments.

The future of energy in the Philippines?

IN October 2022, Energy Secretary Raphael Lotilla, speaking with the Economic Journalists Association of the Philippines, admitted that the country’s power supply situation in 2023 is likely to be difficult. He said, “In 2023, the situation is a bit difficult, especially in the summer months. The scenario… shows several yellow alerts and possible red alerts […]

Russia Plans to Build Nuclear Power Plants in Burkina, Myanmar

The Russian State Atomic Energy Corp. (Rosatom) has signed agreements with the governments of Burkina Faso, Mali and Myanmar for nuclear energy cooperation, with plans for the building of nuclear power plants.

Plans set for 206MW onshore wind project in the Philippines

Renewables energy developer Vena Energy, Vivant Energy Corporation and Aboitiz Renewables Inc. have signed an agreement to develop the 206MW San Isidro Wind project, in the Philippines.

Southeast Asia looks to renewable power for energy security

Southeast Asia is home to some of the world’s fastest-growing economies. As energy demand grows, the region is turning to renewable energy to safeguard its energy security. Energy demand in Southeast Asia has increased by an average of 3% each year over the past two decades — a trend that will continue to 2030 under current policy […]

Kingdom’s National Solar Park most cost-efficient in ASEAN

Cambodia’s National Solar Park supported by the Asian Development Bank (ADB) will enable the country’s state-run national power utility Electricite du Cambodge (EDC) to charge local power consumers with the lowest tariff in the Association of Southeast Asian Nations (ASEAN) region, said a release by the Ministry of Mines and Energy (MME).

Việt Nam has the opportunity to welcome strong transaction flows in renewable energy

The Mckinsey commented that Việt Nam’s renewable energy development rate could increase exponentially to attract manufacturers and ensure energy security.