To ensure wind power dev’t, DoE turns to ‘smart grid’
The Department of Energy is looking to tap the smart grid technology to address the technical challenges faced by wind power developers in order to ensure that some P211 billion worth of indicative...
View ArticleGreenenergy Holdings to spend $1.3B on wind power projects in PH
Publicly listed Greenergy Holdings Inc. plans to invest at least $1.3 billion (roughly P55 billion) to develop wind power projects in the Philippines over the next 10 years.
View ArticleEnergy Logics still pursuing wind, solar power projects
Energy Logics of the Delgado Group remained keen on pursuing its planned 670-megawatt wind and solar power portfolio, despite the troubles hounding the renewable energy industry. “We at Energy Logics...
View ArticleNGCP prepares grid for wind power surge
National Grid Corp. of the Philippines, operator of the country’s transmission network, is building a transmission loop in Northern Luzon to accommodate the growing number of wind power projects in the...
View ArticleGreenergy to invest P680M in China firm
Publicly listed Greenergy Holdings Inc. is set to invest 100 million RMB, or about P680 million, to put up a joint-venture science and technology incubation company in China.
View ArticleDoE seeks help in mapping new energy sources
The Department of Energy (DoE) plans to seek the help of multilateral agencies like the Asian Development Bank and US Agency for International Development in identifying potential sources of renewable...
View ArticleTrans-Asia Oil junks heat waste study
Phinma-led Trans-Asia Oil and Energy Development Corp. has shelved plans to invest in a venture that will look into the feasibility of a “heat waste project” in the Philippines, as it intends to focus...
View Article6 firms vie for 200-MW allocation for wind projects
At least six wind developers have submitted their declarations of commerciality before the Department of Energy (DoE) in the hopes of being allowed to secure fixed tariff rates for their projects.
View ArticleThai firm mulls over wind power in Mindoro
Electricity Generating Public Co. Ltd. (Egco) of Thailand is conducting due diligence for a possible investment in a wind power project in Oriental Mindoro as part of expansion efforts in the Philippines.
View ArticleGov’t to change renewable energy mix
The Department of Energy (DOE) is planning to reallocate the installation targets among the renewable energy sources in favor of the more expensive solar and wind power projects.
View ArticleWind power sector gets boost from ADB
The Asian Development Bank has granted a $500,000 technical assistance to the Philippine government to promote and build the country’s wind power generation capacity under the bank’s Quantum Leap in...
View ArticlePetroEnergy to start Aklan wind power venture
Publicly listed PetroEnergy Resources Corp. intends to start by 2013 initial works on its 50-megawatt Nabas wind power project in Aklan.
View ArticleEDC to expand Luzon, Mindanao plants
Energy Development Corp. (EDC), the country’s largest producer of geothermal energy, may invest as much as $375 million—roughly P15.4 billion at the prevailing exchange rate—for the expansion of power...
View ArticleWind projects in Ilocos Norte, Rizal get DOE certifications
Local power developers Energy Development Corp. and Alternergy Wind One Corp. secured from the Department of Energy last Friday the “declaration of commerciality” for their wind power projects in Luzon.
View ArticleMore wind, solar projects eyed
The government is considering approving new wind and solar power projects that will boost renewable energy (RE) development and curb the country’s reliance on imported oil, according to the Department...
View ArticleNGCP steps up transmission line project in Ilocos Sur
Sy-led National Grid Corporation of the Philippines (NGCP) said it would build six towers for the new San Esteban–Laoag 230-kV transmission line project inside the Northern Luzon Hill National Park in...
View ArticlePhesi Puerto Galera wind project gets green light
Philippine Hybrid Energy Systems Inc. (Phesi) is set to proceed with the first phase (16 MW) of the wind project in Puerto Galera, Oriental Mindoro.
View ArticleTrans-Asia unit secures P4.3-B loan for wind farm
Trans-Asia Oil and Energy Development Corp.’s unit has signed a combined P4.3-billion project financing facility for its 54-megawatt (MW) wind farm project in San Lorenzo, Guimaras province. In a...
View ArticleWWF backs push for more wind power
Environmental group World Wide Fund for Nature (WWF) is supporting efforts to increase wind power allocation in the Feed-in Tariff (FIT) scheme that gives incentives to renewable energy investments in...
View ArticleAyala wind projects get FIT
The Ayala group’s two wind power projects have qualified for renewable energy (RE) incentives under the feed-in-tariff (FIT) scheme.
View ArticleLT Group expands to energy
TYCOON Lucio Tan-led conglomerate LT Group Inc. (LTG) is looking to diversify its revenue stream and debut in the energy sector with a potential investment in an 80-megawatt wind farm in Pililla, Rizal.
View ArticleEnergy mix policy sought vs. power price spikes
Power generator First Gen Corporation is urging government to formulate an energy mix policy that would help shield consumers from price surges affecting specific power plant fuels. First Gen — the...
View ArticleChinese firm eyes $500-M clean energy deal in Ilocos
A Chinese firm and a Singapore-based consortium have unveiled plans to build what could be the single largest renewable energy project in the country to date—a $500-million wind and solar power...
View ArticleAC Energy seeks wind power deals in Vietnam
NINH THUAN, Vietnam— The Ayala group’s AC Energy is finalizing deals for wind power projects that need to be up and running in two and a half years, following its rush to build solar power plants here....
View ArticleRoad map to advance wind power pushed
The Global Wind Energy Council (GWEC) and the United Nations are pushing for the advancement of offshore wind power with a road map intended to clear obstacles for such projects. According to the World...
View ArticleIberdrola brings wind power expertise to PH
Iberdrola, the world’s second-biggest producer of wind power, has forged a partnership with local project developer Triconti Windkraft Group to develop an offshore wind project in the Philippines. The...
View ArticleWind power shift to boost PH economy by $1.1B
The Philippines could bring in more than $1.1 billion, or P56.5 billion, to its economy if it will pursue a green recovery plan focusing on the development of wind power, an international group said,...
View ArticleIKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49-percent stake in three wind development projects offshore Sweden from renewables development...
View ArticleAboitizPower ventures into wind energy with stake in Camarines Sur plant
A subsidiary of listed Aboitiz Power Corp. is acquiring a 60-percent stake in a project in Camarines Sur in the group’s first try at wind power generation. In a disclosure, AboitizPower said the joint...
View ArticleGov’t awards 40 wind power service contracts
Large energy companies led by the renewable energy arm of the Yuchengco Group’s PetroEnergy Resources Corp. have been awarded government contracts to develop offshore wind power projects with a...
View ArticleUpskilling of workers for wind energy dev’t pushed
MANILA -The Department of Energy (DOE) is looking into local workforce upskilling and positioning the country as an Asian training hub to help accelerate offshore wind development in the region. In...
View ArticleBasic Energy eyes 168-MW wind project in Batangas
MANILA -After winning a service contract from the Department of Energy (DOE), listed Basic Energy Corp. (BEC) will develop a wind project in Batangas province in the next five years in a goal to boost...
View ArticleAlternergy in new Tanay wind project
MANILA -Former Energy Secretary Vicente Perez Jr.’s renewable energy firm Alternergy Holdings Corp. has signed a lease contract with the provincial government of Rizal for the development of an...
View ArticleAlternergy drops ‘unfeasible’ wind project in Occidental Mindoro
MANILA -Alternergy Holdings Corp., the renewable energy firm of former Energy Secretary Vicente Perez Jr., has shelved a planned wind project in Occidental Mindoro, citing “technical issues” that...
View ArticlePH gets wind of renewables
Over the hilly terrains in Aklan province, a wind farm sprawls for kilometers, its turbines harnessing the power of the wind to energize households in the community. The 36-megawatt (MW) Nabas wind...
View ArticleRepower snags contracts for additional wind farms
MANILA, Philippines — Green energy in the Philippines appears to continue revving up as the Department of Energy (DOE) awarded three service contracts to Repower Energy Development Corp. (REDC) of...
View ArticleFirst Gen closer to building RE projects near dams
MANILA, Philippines — The Lopez Group’s First Gen Corp. takes another step closer to put up solar and wind farms as well as a battery energy storage system (BESS) around its hydroelectric power plant...
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