The Manila Electric Company (Meralco), the major utility of the Philippines, plans to set up 1GW of solar and wind projects in the medium term, according to the head of the firm’s power generation unit. Rogelio Singson, president of Meralco PowerGen Corp. (MGen), told PV Tech: “There is a clear recognition that we want to […]

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]

SINGAPORE and MANILA (Bloomberg) — Philippine Energy Secretary Alfonso Cusi is optimistic that a deal to jointly explore disputed areas of the South China Sea for oil and gas will finally move forward when President Xi Jinping visits next month. Terms for an agreement between the Philippines and China may be finalized during Xi’s visit, […]

The Senate Energy Committee sees the resource-rich Philippine Rise (Benham Rise) east of Aurora province as the country’s hope for energy security in the next decade. Senator Sherwin T. Gatchalian, committee chairman, said the area is rich with methane hydrates, viewed as the new fuel source, and has no claimant unlike the West Philippine Sea […]

MANILA — Chinese companies are willing to help their Filipino counterparts solve energy issues, Beijing’s top envoy said Monday after meeting his Philippine counterpart. China has “mature” equipment, technologies, personnel, training and the financial capability to help the Philippines develop solar, hydro, wind and nuclear power, State Councilor and Foreign Minister Wang Yi said. Wang […]

MANILA — The European Union’s (EU) delegation to the Philippines urged local stakeholders to tap its available funding for sustainable and reliable energy projects. EU Project Manager for Cooperation Section Willy Hick said Thursday during the Energy Smart 2018 of the European Chamber of Commerce of the Philippines that EU’s Access to Sustainable Energy Programme […]

  TAIPEI — The resource-rich Philippines is doubling up development of its own fuel sources as world oil price hikes hit the largely impoverished population.On October 17, Philippine President Rodrigo Duterte signed a service contract with the Israeli energy exploration firm Ratio Petroleum to scout for fuel under the South China Sea, the Department of Energy […]

THE Philippines on Wednesday formally awarded a petroleum service contract (PSC) to Israeli firm Ratio Petroleum Ltd. for the exploration of an area in the east Palawan basin, a move which the Energy department said bodes well for country’s upstream petroleum industry. The ceremonial signing, which took place at the Heroes Hall of Malacañan Palace, […]

MANILA — Energy Secretary Alfonso G. Cusi witnessed on Wednesday the ceremonial signing of the Petroleum Service Contract (PSC) for Area 4 (East Palawan Basin) of the Fifth Philippine Energy Contracting Round (PECR5) at the Presidents’ Hall of Malacanan Palace. President Rodrigo R. Duterte signed the PSC on behalf of the Philippine government with Sec. […]

SIXTEEN foreign firms have expressed interest to partner with electric cooperatives to put up clean-energy mini grids. According to the post-event survey conducted by the Alliance for Rural Electrification (ARE) that co-organized the first-ever Philippines Mini-grid Business-to-Business (B2B) Forum in Manila, “16 foreign participants said they would or were very likely to invest in mini […]