News

PH taps stakeholders for multiple energy resources framework

The government eyes the formation of a committee to fuel collaboration and accountability.

Buhawind Energy inks study deal for 2 GW wind project in PH

The wind facility will be built offshore in Ilocos Norte.

Victoria releases proposed route for Gippsland transmission project

This will connect an offshore wind project to the electricity grid.

PH to accept nuclear plant licence applications by 2026

The country is also implementing efforts to boost its nuclear energy expertise.

Renova secures first solar power project in PH

The 85 MW solar facility is being jointly developed with local energy partners.

Global emissions may exceed targets as 1.5°c goal remains distant

While the shift to renewables accelerates, Rystad noted that oil and gas will remain resilient in the near term.

Swiss Re highlights $26b insurance potential from clean energy

Global renewable energy capacity will almost double to 8.5 terawatts by 2030. 

MOL and Kumejima Town ink ocean thermal energy conversion and CO2 capture deals

They aim to commence operations of the ocean thermal energy project by 2031.

GPSC’s net income jumps 60% in 9M

Availability rates of IPPs improved during the period.

CIP commits $3b on Philippine offshore wind development

It has partnered with ACEN for this investment.

Smart grid corporate funding up 40% in 9M

Venture capital funding also increased in the same period.

MGEN’s earnings hit nearly $255m in 9M

The company now accounts for 37% in One Meralco Group’s total net earnings.

Aula Energy’s Carmody’s Hill Wind Farm bags connection approvals

The connection agreements will be signed in the coming days.

Kansai Electric invests in Ireland-based offshore wind company

Simply Blue Energy is involved in multiple projects in Europe.