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WEnergy team to invest USD 18m in solar microgrids in Philippines

A consortium led by Singaporean renewables infrastructure developer WEnergy Global Pte Ltd (WEG) has won a contract in a tender to build 16 microgrids with solar power components in the Philippine province of Palawan.

NGCP working to get more power plants online

The National Grid Corporation of the Philippines (NGCP) is now working to get more power plants on board after declaring a red alert status on Monday. “As of this afternoon, meron tayong nabilang na around 13 power plants that were either on unplanned maintenance shutdown, o yung biglaang tumirik at nawala sa grid, or nagbaba ng kanilang produksyon ng kuryente, […]

Prime Infra firm to buy 500-MW Philippine pumped-storage hydro project

Ahunan Power Inc, a portfolio company of Prime Infra Capital Inc, has agreed to take control of the developer of a 500-MW pumped-storage hydroelectric project in the Philippines.

First Gen to finish Philippines LNG import project early 2023

First Gen has reported that its delayed liquified natural gas (LNG) import project in the Philippines will finish construction by the end of Q1 2023.

Gasoline down P2.60/liter, diesel by P1.55/liter Tuesday

Motorists will get a slight reprieve from the successive major pump price hikes this week, as oil firms announced a rollback. In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will cut down prices per liter of gasoline by P2.60, diesel by P1.55, […]

Singapore, Philippines see nuclear as solution

Singapore and the Philippines are keen to develop nuclear energy in line with their plans to decarbonize their economies. Apart from their climate commitments, the two are boosting their renewable energy resources to promote energy security.

DFA: PH open to new West Philippine Sea exploration talks with China

The Philippines is open to talks with China on joint oil and gas exploration in the West Philippine Sea, the Department of Foreign Affairs (DFA) said.

Share of RE in energy mix declines to 28.9% at end of 2021

THE share of renewable energy (RE) in the power generation mix fell to 28.9% at the end of 2021 from 32% in 2016, according to a Department of Energy (DoE) accomplishment report issued by the previous Secretary.

PH Renewables secures Php2.65B loan for Rizal solar project

PH Renewables Inc. (PHRI), a subsidiary of MGEN Renewable Energy Inc. (MGreen), has secured a Php 2.65 billion loan for its 75-megawatt-AC (MWAC) solar project in Baras, Rizal.

PNOC eyes targeted fuel relief program amid high fuel costs

The Philippine National Oil Company (PNOC) is eyeing a targeted fuel relief program because of skyrocketing costs of fuel.