Wind 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. The post PetroEnergy to start Aklan wind power venture appeared...
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...
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. The post Phesi Puerto Galera wind project gets green...
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. The post Ayala wind projects get FIT appeared first on Inquirer...
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,...
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 ArticleTo 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. The post Greenenergy...
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. The post Greenergy to...
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...
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