Baharin to helm Tenaga as new CEO

KUALA LUMPUR: Tenaga Nasional’s chief distribution network officer Datuk Baharin Din will be the new president and chief executive officer on March 1.

PH urged to be wary of China’s intention on oil exploration after passage of Coast Guard law

Metro Manila (CNN Philippines, February 10)— The Philippines should be wary of China’s intention regarding the countries’ joint oil and gas exploration deal in the West Philippine Sea, a former Supreme Court justice said Wednesday amid issues surrounding Beijing’s new Coast Guard law.

Petron Bataan Refinery may get tax break from CREATE bill

Petron Corporation may be getting its desired sigh of relief for its refinery in Limay, Bataan as the Congress-approved Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill would exempt petroleum refineries from taxes on crude oil imports.

EDC issuing Php15B in green bonds

The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects.

Romblon officials seek ERC help in preventing provincial power crisis

MANILA, Philippines — The Provincial Board of Romblon and nine mayors have sought the help of the Energy Regulatory Commission (ERC) to help them prevent a power crisis on Tablas Island.   Read more: Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Financing a ‘green’ economic reboot, recovery from pandemic

Washington-based International Finance Corp. (IFC) of the World Bank Group has introduced financing support for Philippine banks that will lend to climate adaptation and mitigation projects amid a push for “green” recovery from the COVID-19 pandemic to generate trillions of dollars in fresh investments.   Read more: Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Paving the way for wind power

NDO – Developing renewable energy, particularly wind power, is considered a vital solution to contribute to increasing power supply to the national grid and ensuring national power security. This is also the policy encouraged by the Party and State following the Politburo’s Resolution 55.

Sunseap signs 20-year agreements to supply energy to Vietnam’s national grid

SOLAR energy solutions provider Sunseap Group has signed 20-year power purchase agreements with state-owned utility Vietnam Electricity to supply clean energy to the country’s national grid.

NSTDA vows to ramp up innovation for progress

The National Science and Technology Development Agency (NSTDA) is aiming to roll out more innovations this year in order to help Thailand break free from the middle-income trap.

Thailand’s EGCO Group gains foothold in US power market

Stake in 972MW gas-fired facility in New Jersey opens further investment opportunities