News

Many Filipinos agree on the need to increase the Philippines’ renewable energy sources such as solar, wind, and hydropower, according to the results of a survey conducted by Pulse Asia Research.

Electric vehicles will soon ply in some of the streets of Mandaue City, following the signing of a MOA between the city government and the Global Electric Transport Philippines Inc. on Nov. 8.

Philippine Economic Zone Authority said on Nov. 3 that it has secured P20.6 billion (US$365 million) worth of investment leads and pledges from Taiwanese investors for developing green energy and sustainable enterprises.

Philippines’s Vivant Energy, Aboitiz Renewables and Singapore’s Renewables energy developer Vena Energy have inked an agreement to develop the 206 MW San Isidro Wind project, in the Philippines.

Philippine Board of Investments (BOI) is giving more incentives to registered projects that will be supplying electricity by installing their own renewable energy facility.

Hydrogen is expected to play a crucial role in driving the green energy transition in the Philippines, although it will take some time before it becomes cost-effective, as analysts have noted.

Alternergy has mandated 3 investment banks to facilitate the raising P12 billion for 2 wind projects, which is expected to be the largest financing deal of the company.

Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).

ACEN announced that its subsidiary had agreed with Indonesian company to explore potential renewable energy projects in Indonesia.

The power-hungry Luzon grid, which supplies electricity to the National Capital Region of the Philippines, will receive additional supply from three floating solar farms in Laguna Lake within two years.