Trans-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. The...
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...
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. The post Gov’t to...
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. 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 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 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.
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.
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