Renewables edging out coal in South-East Asia
[MANILA] Within a decade, Indonesia, the Philippines and Vietnam will find it cheaper to create new solar cell capacity than keep existing coal-fired power plants running to generate electricity, says a new report. Power generation from renewable sources is crucial to meeting the key goal of the 2015 Paris Agreement to maintain global average temperature rise […]
Continental Temic taps EDC for power
Global automotive parts company Continental Temic Electronics Philippines signed an agreement with geothermal power producer Energy Development Corp. for the supply of clean and reliable power for its facilities in Calamba, Laguna. Under the agreement, EDC will supply Continental Temic with 2.7 megawatts of geothermal power from EDC’s BacMan geothermal project starting Dec. 26, 2018 […]
EU Provides €60 Million Grant to the Philippines to Install Solar Home Systems
It will benefit roughly 100,000 off-grid households in the country. The European Union (EU) has provided an approximate grant of €60 million (~$68.54 million) to the Philippine government to help the country increase access to electricity services in its off-grid communities. This would increase the country’s share of renewables in its energy mix and also […]
Coca-Cola FEMSA taps First Gen for renewable shift
MANILA — Coca-Cola FEMSA Philippines, the franchise bottler of Coke products in the Philippines, said it tapped First Gen Corp’s retail arms for its renewable energy needs. First Gen Energy Solutions and Bac-Man Geothermal will supply power to Coca Cola FEMSA facilities in Ilocos, Pangasinan, Pampanga and Cebu, which shifted to renewable energy last Oct. […]
Gatchalian asks DOE to add energy security, sufficiency in 30-year plan
Senator Sherwin T. Gatchalian, chairman of the Senate energy committee, urged on Thursday the Department of Energy (DOE) to include energy security in its Philippine Energy Plan as the soaring energy prices have contributed to the country’s nine-year-high inflation rate. Sen. Sherwin T. Gatchalian (Senate of the Philippines / MANILA BULLETIN) During a recent hearing […]
Philippines’ MGen eyes 1GW renewables output
It wants solar to drive this renewables output. The power generation arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp., seeks to raise its renewables output to 1,000MW or 1GW in the next two years to three years, BusinessMirror reports. It added that it wants solar power to comprise its portfolio. MGen president Rogelio […]
DOE wants moratorium on oil exploration in West Philippine Sea lifted
Energy Secretary Alfonso Cusi said Wednesday it is imperative for the government to lift the moratorium on exploration works in the disputed areas in the South China Sea in order for the possible joint oil and gas exploration deal with China to move forward. The Philippines and China are negotiating for the exploration deal which […]
PMFTC opens $3.1-million solar-power plant in Batangas
PHILIP Morris Fortune Tobacco Corp. (PMFTC), a joint venture between Philip Morris Philippines Manufacturing Inc. and Fortune Tobacco Corp., on Tuesday inaugurated its $3.1-million solar-power plant inside its 25-hectare manufacturing facility at the First Philippine Industrial Park in Tanauan City, Batangas. PMFTC tapped Spectrum, the renewable-energy unit of Manila Electric Co., in putting up the […]
Philippines says 2 energy exploration deals with China ready for signing
MANILA, Nov 7 (Reuters) – The Philippines is ready with two joint oil and gas exploration agreements to be signed with China, its energy minister said on Wednesday, and reiterated his position calling for the lifting of the ban on drilling works in a disputed area in South China Sea. Energy Secretary Alfonso Cusi made […]
PH sets petroleum perks benchmarking with Indonesia
The Philippines has set into motion collaborative talks with Indonesia on prospective benchmarking of incentives for investments in the upstream petroleum sector. Energy Secretary Alfonso Cusi This was a matter that Philippine Energy Secretary Alfonso G. Cusi had raised with Indonesian Deputy Minister of Energy and Resources Arcandra Tahar in their bilateral meeting in Singapore […]