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THE DECISION of the Singapore High Court to uphold the arbitral award amounting to at least P3.4 billion in favor of Maynilad Water Services, Inc. has become final after the Philippine government no longer appealed the case.
ELECTRIC cooperatives have responded to the Energy secretary’s support for Solar Para sa Bayan Corp.’s bid for a nationwide microgrid franchise, in a bluntly worded statement that calls him out for being allegedly biased against them.
THE Department of Energy (DoE) on Tuesday blamed the “current global situation” for the rise in petroleum prices as it reassured the public that the agency and energy firms are taking steps to ease the effects on consumers.
THE Federation of Philippine Industries (FPI) has called for the “immediate” construction of new power plants to ensure ample long-term supply of electricity while the government embarks on its massive infrastructure program.
SN ABOITIZ POWER (SNAP) has submitted its latest hydroelectric project for inclusion in the Energy department’s list of certified energy projects of national significance (CEPNS), the government’s policy that aims to hasten the development of new power plants.
STATE-LED National Transmission Corp. (TransCo) said on Sunday that it has complied with an order issued by the Energy Regulatory Commission (ERC) on how the energy capacities of renewable energy (RE) companies are to be computed, and consequently how much they should be paid.
ALSONS Consolidated Resources, Inc. said on Thursday its power group’s diesel plant in Sarangani had offered to provide ancillary services amounting to 55 megawatts (MW) to privately owned grid operator National Grid Corporation of the Philippines (NGCP) to help stabilize power supply in south-central Mindanao.
A CONSUMER GROUP has questioned the P36.53 million overpaid by National Transmission Corp. (TransCo) to renewable energy (RE) companies for the power they produced under the feed-in tariff (FiT) system, and sought a disclosure of an updated figure while pushing for changes in how the amount is being computed.
THE Department of Energy (DoE) has defended its move to certify the 1,200-megawatt (MW) coal-fired power plant in Atimonan, Quezon as nationally significant, saying the long-delayed project is needed to meet a critical point in the coming years when power supply will be deficient and critical.
SAN MIGUEL Corp. (SMC) said on Wednesday that it was planning to replace coal with rice husks to fuel its circulating fluidized bed (CFB) power plants to boost the income of farmers while the conglomerate moves towards renewable and sustainable energy generation.
EMBASSY officials from the Nordic region hosted a luncheon on Wednesday to highlight their nations’ initiatives toward sustainable energy through clean technology innovation while promoting their companies’ solutions for the Philippine setting.
THE Department of Energy (DoE) has yet to receive an application from Limay LNG Power Corp. to build an integrated liquefied natural gas (LNG) import facility, officials of the agency said on Tuesday.
POWER SECTOR Assets and Liabilities Management Corp. (PSALM) said it declared Soosan ENS Co., Ltd. the lone bidder for Malaya thermal power plant’s operation and maintenance service contract.
THE Department of Energy (DoE) is once again modifying its energy mix policy to reflect what the power distribution system needs, which initial assessment shows baseload plants to account for 55-56% and not the 70% earlier set by the department.
THE Department of Energy (DoE) has issued a circular that seeks to identify what it calls competitive renewable energy zones (CREZ), which will become the guide in directing the country’s power transmission development to reach areas with potential indigenous energy resources.
REVOLUTION Precrafted Properties, Ltd. will start producing prefabricated medical pop-up structures in Zimbabwe after it signed a non-exclusive dealership agreement with investment firm African Tsaleach Private Ltd., the company said on Friday.
THE Metropolitan Waterworks and Sewerage System (MWSS) is evaluating its options, including returning to negotiations, should the Supreme Court (SC) decide in favor of Metro Manila’s two water concessionaires that their corporate income tax (CIT) is an expense that can be passed on to consumers.
ABOITIZ POWER Corp. has agreed to acquire a stake in the thermal power company of Ayala-led AC Energy, Inc. for $579.2 million, the two companies said on Thursday.
LOCAL ETHANOL producers are asking the government to let them import molasses, the feedstock used to make their finished product, instead of allowing oil companies to continue bringing in imported ethanol.
A CONSORTIUM in Gabon in which PetroEnergy Resources Corp. has participating interest has secured an extension to its exclusive oil exploitation rights in the African country for another 10 years, the Yuchengco-led company said on Wednesday.
THE Department of Energy (DoE) has listed 17 projects whose developers want included in the agency’s list of energy projects of national significance (EPNS) to add to the four that have been given an easier time during the permitting process.
PXP ENERGY Corp. said an exploration block in Peru in which a subsidiary has participating interest had been removed from its force majeure status after recent changes in the hydrocarbon law in the foreign country.
THE Department of Energy (DoE) has cleared 12 power development projects in August, including six under Solar Philippines Commercial Rooftop Projects, Inc., to conduct a study on their possible impact on the country’s power transmission grid.
THE Philippine Rise off the Pacific coast of northern Luzon could serve as a source of energy exports once the appropriate technology develops to tap its reserves, according to Senator Sherwin T. Gatchalian, who proposed legislation to create an agency regulating the area’s development.
LOPEZ-LED Energy Development Corp. (EDC) is preparing to participate in auctions for geothermal concessions in South American countries Chile and Peru, while undertaking initial construction work in a service area it won in Indonesia, its top official said.
THE OIL IMPORT bill rose by 34.4% in the first half to $6.312 billion, in part due to a depreciating peso, making shipments of crude oil and finished petroleum products more expensive.
TECHNOLOGY providers, project developers and investors from Asia, Europe and the US are looking to partner with electric cooperatives in bringing electricity to rural communities by building self-sustaining minigrids.
SIX FOREIGN companies have so far “expressed interest” in partnering with Philippine National Oil Co. (PNOC) in the state-led firm’s plan to put up a liquefied natural gas (LNG) facility under a yet to be issued terms via a solicited scheme, its top official said.
THE Energy department needs to clarify how much oil it plans to import from Russia and non-members of the Organization of the Petroleum Exporting Countries (OPEC), a legislator said.