Showing 1561-1570 of 1637 results

Metro Pacific to build P1 billion bio-energy facility for Dole

MANILA — Metro Pacific Investments Corp said Tuesday it signed agreements to build P1 billion in biogas facilities for Dole Philippines,marking its first foray into bio-energy. Metro Pacific said its unit, Metpower Ventures Power Holdings Inc, through Surallah Biogas Ventures Corp, finalized the deal with Dole Philippines. “The project serves as MPI’s first foray in […]

Philippines’ typhoon survivors to fossil fuel firms: please listen to us

Victims of extreme weather events in the Philippines come forward in an investigation into how major carbon producers are violating human rights due to their role in driving climate change. Survivors of devastating typhoons in the Philippines have appealed to major carbon producers to respect their human rights and act on climate change. At an emotional […]

DoE to launch new energy contracting round this week

THE Department of Energy (DoE) is hoping that a new round of contracting will spur more petroleum exploration ventures and close the resource development gap with regional neighbors. The DoE will launch the Philippine Conventional Energy Contracting Program (PCECP) on Thursday. DoE Secretary Alfonso G. Cusi said his office was “aggressively pursuing” the implementation of […]

TBC and AC Energy to build 1.5GW wind projects in South East Asia

Singapore’s renewable energy developer and operator The Blue Circle has signed a strategic partnership agreement with Ayala Corporation’s power subsidiary AC Energy. Under the new partnership, the two companies will jointly develop and construct TBC’s pipeline of nearly 1,500MW of wind projects across South East Asia, more than 700MW of which will be built in […]

DoE order identifies sources of Renewable Energy Fund

The Department of Energy issued the guidelines for the operationalization of the Renewable Energy Trust Fund that will be used for the research, development and promotion of renewable energy sources. The RE fund, according to Department Order 2018-10-0018, will be obtained from the emission fees collected from power generating companies under the Philippine Clean Air […]

NGCP sets P9.5 B for transmission line upgrade to meet power demand

The National Grid Corporation of the Philippines (NGCP) is planning to upgrade the transmission lines in Metro Manila next year to meet the growing energy demand. The first phase of groundwork for the P 9.5 billion project is now underway for its Taguig-Baras 500-kilovolt (kv) transmission line project. Pending the project’s approval with the Energy […]

BIMP-EAGA eyed as pilot area for ASEAN energy link

DAVAO CITY — The Mindanao-Visayas power grid interconnection project is expected to pave the way for the pilot testing of the Philippines’ link to the energy network within the Association of Southeast Asian Nations (ASEAN). The proposed ASEAN power grid is a component of the Master Plan for ASEAN Connectivity (MPAC). “Mindanao seeks to pilot […]

Ayala invests in renewable energy firm

AC ENERGY, Inc. through its international unit has invested in Singapore-based renewable energy company The Blue Circle Pte. Ltd. through a 25% ownership acquisition as well as co-investment rights in the latter’s projects. “It’s a platform partnership. The Blue Circle, TBC, is a regional development and operations company focused on wind.” AC Energy Chief Executive […]

Seraphim Solar Secures 80 MW Supply Agreement in Vietnam

CHANGZHOU, China, Nov. 13, 2018 /PRNewswire/ — Jiangsu Seraphim Solar System Co., Ltd. (“Seraphim“) recently signed new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The Solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. Seraphim agreed to deliver the PV modules for a targeted […]

Automative parts company to buy geothermal power from EDC in the Philippines

EDC signed a 2-year power purchase agreement with automative parts company Continental Temic Electronics in the Philippines under which it well sell 2.7 MW of power from the BacMan geothermal power plant starting December 2018. As reported this morning from Manila, global automotive parts company Continental Temic Electronics Philippines signed power purchase agreement with Energy Development Corp. […]