Over 6 million electric vehicles will ply the streets of the Philippines by 2030, if the forecast of the Electric Vehicle Association of the Philippines (EVAP) as announced at the 11th Philippine Electric Vehicle Summit (PEVS) 2023 becomes reality.

The Philippines and Saudi Arabia have agreed to bolster their economic cooperation in trade, labor, and renewable energy following a successful bilateral meeting between President Ferdinand R. Marcos Jr. and Saudi Crown Prince and Prime Minister Mohammed Bin Salman during the first ASEAN-GCC Summit.

The Board of Investments (BOI) has introduced additional incentives for registered projects that will generate their own electricity through renewable energy facilities. Undersecretary Ceferino Rodolfo announced that a recent memorandum circular updates the guidelines for incentives related to energy efficiency and conservation projects, particularly those listed in the 2022 Strategic Investment Priority Plan.

MANILA, Philippines — The Philippines will need to double investments in power systems to $62 billion by 2040 to accelerate the reduction of carbon dioxide emissions in the energy sector, according to the World Bank.

IN October 2022, Energy Secretary Raphael Lotilla, speaking with the Economic Journalists Association of the Philippines, admitted that the country’s power supply situation in 2023 is likely to be difficult. He said, “In 2023, the situation is a bit difficult, especially in the summer months. The scenario… shows several yellow alerts and possible red alerts […]

The Department of Energy (DOE) is studying to connect Palawan to northern Borneo through a power transmission project, as a way to solve the province’s power woes and to enhance regional energy connectivity.

MANILA – The Board of Investments (BOI) is providing more incentives to registered projects that will be supplying their own electricity by putting up their own renewable energy (RE) facility.

MANILA – The United States and Philippine governments are expected to sign by year-end an agreement that would facilitate the entry of US nuclear technology into the country.

MANILA – The Royal Norwegian Embassy in Manila is in discussion with stakeholders in Norway and the Philippines to help the latter prepare its workforce for offshore wind energy developments.

Renewables energy developer Vena Energy, Vivant Energy Corporation and Aboitiz Renewables Inc. have signed an agreement to develop the 206MW San Isidro Wind project, in the Philippines.