DOST revives plan to activate BNPP
The Department of Science and Technology and its attached agency―the mothballed Philippine Nuclear Research Institute―want the Bataan Nuclear Power Plant commissioned because of a looming depletion of gas from the Malampaya gas field in Palawan. BACK ONLINE? A general view shows the Bataan Nuclear Power Plant as pictured on Sept. 16, 2016. At the time, […]
Competition watchdog clears Kepco’s buy into Solar Philippines unit
December 11 (Renewables Now) – The Philippines Competition Commission (PCC) has given the green light to Kepco Philippines Holdings’ acquisition of a 38% stake in Solar Philippines Calatagan Corp (SPCC), a unit of Solar Philippines. The acquisition will mark the entry of Kepco Philippines, which is a unit of Korea Electric Power Corp (KRX:015760), into […]
Solar Philippines House Bill passes final reading in Congress
House Bill 8179 granting private firm Solar Philippines a 25-year PV mini-grid and transmission franchise across the Philippines passed through its third and final reading on Monday. This procedural step allows the company’s unit Solar Para Sa Bayan (SPSB) to set up these mini-grids undeterred by the incumbent franchises of rural electric cooperatives. The chamber approved […]
Carbon shift still not a threat to coal-using firms’ credit worthiness
The drive toward carbon mitigation and away from fossil fuels is expected to have a gradual effect on coal-using companies and is not a significant risk on their credit worthiness, according to Moody’s Investor Service. However, Moody’s, in its Power Asia 2019 outlook report, said companies that operate coal-fired power plants would see their cash […]
House OKs Legarda son’s solar energy supply franchise on final reading
MANILA, Philippines — The House of Representatives has approved on final reading a bill granting renewable energy distribution franchise to Solar Para Sa Bayan Corp. (SPSB) owned by 25-year-old Leandro Leviste, son of Senator Loren Legarda. An overwhelming 198 congressmen voted Monday to pass House Bill No. 8179 or an act granting the SPSB a […]
1-MW Solar Array to cut carbon emission of TMPC plant in Laguna
Toyota Motor Philippines Corp. (TMPC) inaugurated its 1-megawatt (MW) Solar Array at its assembly plant in Laguna. In a statement on Wednesday, the company said this was one of TMP’s major initiatives to minimize its carbon footprint and help mitigate the effects of climate change, based on the global Toyota Environmental Challenge (TEC) 2050. TMP […]
Ayala wants to become bigger RE player in Phl
MANILA, Philippines — Ayala Corp., the country’s oldest conglomerate, is bent on aggressively growing its renewable energy portfolio to become an even bigger RE player in the country and beyond, its president and COO Fernando Zobel de Ayala told The STAR. In an email interview, Zobel said the company’s renewable energy investments have been growing fast. Thus, the […]
Geothermal – a sustainability energy solution, case study from the Philippines
In an article on sustainability, the overall urge to break the cycle and to establish a more stable and secure future through sustainable practices in business and society is being talked about in the context of the Philippines. The country has been ranked among the top five countries at risk of the effects of climate variability […]
Shell focuses on finding new Malampaya gas field
Shell Companies in the Philippines is pushing for more oil and gas exploration to find another Malampaya gas field, instead of putting up an import terminal for liquefied natural gas. “The economic question in LNG, if those who will use it are the existing ones we have, which are around 3 gigawatts of capacity, then […]
New tycoon leads players in next game-changing deals in energy
THEY say good things come in pairs. This adage appears to be shaping up to be true in the case of Davao-based businessman Dennis Uy, who has partnered with two Chinese firms for big-ticket projects in the country. Last month the National Telecommunications Commission (NTC) declared Mindanao Islamic Telephone Co. Inc. of Uy and China […]