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Tuesday, September 24, 2024

Energy

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct price signals” for the incoming Green Energy Auction Program (GEAP) 3 and 4 targeted this year. First Gen Corp. vice president and head of power marketing, trading and economics Carlos Lorenzo Vega said during the ING Energy Forum Monday the previous GEAP was largely unsubscribed which should send a signal to policy makers. “So FirstGen is the largest generator...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

Alsons planning to launch ‘large-scale’ solar farm

Alsons Consolidated Resources of the Alcantara family will launch this year its...

PH asked to declare net zero commitment

The Net Zero Carbon Alliance (NZCA), a private sector-backed organization, asked the...

Belgrove eyes 60-MW gas plant in Rizal

Belgrove Power Corp. plans to put up a 60-megawatt gas turbine power...

DOE, PPA agree to support three ports for offshore wind projects

The Department of Energy (DOE) and the Philippine Ports Authority (PPA) agreed...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct price signals” for the incoming Green Energy Auction Program (GEAP) 3 and 4 targeted this year. First Gen Corp. vice president and head of power marketing, trading and economics Carlos Lorenzo Vega said during the ING Energy Forum Monday the previous GEAP was largely unsubscribed which should send a signal to policy makers. “So FirstGen is the largest generator...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

Alsons planning to launch ‘large-scale’ solar farm

Alsons Consolidated Resources of the Alcantara family will launch this year its...

PH asked to declare net zero commitment

The Net Zero Carbon Alliance (NZCA), a private sector-backed organization, asked the...

LATEST Energy

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The Energy Regulatory Commission said Tuesday it extended the suspension on the feed-in tariff allowance collection until September 2023. “This decision introduces remedies to ease...

DOE to bid out 20 renewable energy sites

The Department of Energy is bidding out 20 pre-determined areas with a combined renewable energy capacity of more than 247.98 megawatts on Aug. 29. It...

PSALM expects to reduce debt to P306 billion

State-run Power Sector Assets and Liabilities Management Corp. expects to reduce its financial obligations to P306.6 billion by the end of 2023. "I would like...

ThermaPrime completes drilling of 15 geothermal wells

ThermaPrime Drilling Corp. said Wednesday it completed its 15-well drilling program for the Philippine Geothermal Production Co. Inc., one of the major geothermal developers...

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