Global Vanadium is in active negotiations for two new projects as part of its continued vanadium focus. Newly renamed and refocused Global Vanadium (ASX: GLV) has announced two potential project opportunities and provided an update on its investment in the Philippines iron sands vanadium-magnetite project. The Western Australia-based company officially changed its name and ASX […]

MANILA – First Gen and Energy Development Corp said Monday they were the only Philippine companies included in the most recent Carbon Clean 200 list. It was the first time for First Gen and the third time for EDC to make it to the list compiled by non-profit organization As You Sow in the US […]

MANILA – DoubleDragon Properties Corp on Monday said its subsidiary CityMall Commercial Centers Inc. signed an agreement to support the renewable energy efforts of the World Wide Fund for Nature (WWF) Philippines. The Memorandum of Agreement will boost projects that promote and demonstrate renewable energy use, low carbon development in cities, and sustainable consumption and […]

The new Philippine company set to appropriate ECG (Electricity Company of Ghana) is bringing approximately $580 million into their operations. Meralco Consortium, a power corporation from the Philippines, will adopt all assets and operations associated with ECG under the name Power Distribution Services (PDS) Ghana Limited. The takeover happens on February 1, 2019. This event […]

MANILA – Climate change will be a major consideration in evaluating initiatives of schools joining the search for the country’s most sustainable and eco-friendly public and private elementary and high schools, as well as higher education institutions (HEIs) starting this year. “We’re highlighting climate change due to what’s happening around us,” Elenida Basug, the Department […]

A U.S.-based company, Excelerate Energy, is throwing its hat in the fledgling Philippine liquefied natural gas (LNG) sector. Excelerate, based in Woodlands, Texas, and Manila-based First Gen Corp., have filed a joint bid for an LNG import project, Philippines DOE Undersecretary Felix William Fuentebella said during a news conference in Manila on Monday.  Excelerate filed its […]

MANILA — AboitizPower’s Cleanergy is now providing all seven buildings of The Net Group (TNG) with clean and renewable energy. AboitizPower and TNG signed a power supply contract on Thursday, in which the former will supply a total of 13.5 megawatts (MW) to TNG’s seven office buildings. These TNG buildings include Net Park, Net Lima, […]

MANILA, Philippines — The year 2018 put the spotlight on the Philippines’ dependence on imported fuel to power up the country’s progress and day-to-day operations. This was validated by the latest Energy Trilemma Index of the World Energy Council, which ranks 125 countries in three dimensions – environmental sustainability, energy security and energy equity. The […]

The overall tariff billed by Manila Electric Company (Meralco) to the wide base of its residential subscribers this January was down by P0.3418 per kilowatt hour (kwh) due to lower cost of supply procurement from power producers. The average rate reflected in the bills for those in the 200-kilowatt hour consumption bracket then had been […]

MANILA — AboitizPower Corp. will provide energy services for Light Industry & Science Park (LISP) IV in Malvar, Batangas, one of the latest economic zone projects of Science Park of the Philippines, Inc. (SPPI). In the 25-year service agreement between AboitizPower and SPPI, the former’s distribution utility Malvar Enerzone Corp., will manage the construction, installation, […]