MANILA, Philippines — Global debt and equity investors continue to pour in capital into the renewable energy sector, which is consistently providing investment opportunities despite the ongoing COVID-19 pandemic, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
The government generated more than P257 billion in duties and taxes through its fuel marking program, data released by the Department of Finance (DOF) on Monday showed.
UDENNA Corp. subsidiary Malampaya Energy XP Pte Ltd. said it is financially prepared to operate the Malampaya project as its pending acquisition of shares in the gas field’s operator Shell Philippines Exploration B.V. (SPEx) was fully underwritten and funded through bank loans.
The Department of Energy (DoE) on Monday said development rights were given to initial wind power projects in the Philippines.
CAGAYAN DE ORO CITY – A local company has been helping promote the use of renewable energy in Mindanao for more than a decade producing 2.508 megawatts (MW) of installed solar panels to power homes, offices, streetlights, and farms.
Metro Manila (CNN Philippines, July 19) – The first house project in the country certified under the Leadership in Energy and Environmental Design standard has been recognized by the U.S. Green Building Council.
European firm ABB will be intensifying its offer of ‘smart solutions’ to buildings and other property developments as well as the installation of “smart cities” in the Philippines
AYALA Land, Inc. subsidiary DirectPower Services, Inc. will be largely sourcing 360 megawatts (MW) of clean power from geothermal facilities for the government’s green energy option program (GEOP), the Energy department said last week.
The Department of Energy (DOE) hopes to collaborate with the Carbon Trust and the Global Wind Energy Council to harness wind power to produce clean energy.
THE PHILIPPINE Rural Electric Cooperatives Association, Inc. (Philreca) said that electricity rates rose in June due to supply issues and not the failure of electric cooperatives (ECs) to procure power through competitive bidding.