Philippines an emerging wind power market in Asia – report
Globally, GWEC Market Intelligence expects 557 gigawatts (GW) of new capacity—or more than 110 GW of new installations each year until 2026 – will be added in the next five years under current policies.
Philippines’ SMPC looks to diversify coal exports
The Philippines’ sole large-scale commercial coal mining firm Semirara Mining and Power (SMPC) is eyeing a further diversification of its export destinations this year as a way to buffer itself from volatility in the international market. One market the company is aggressively expanding into is South Korea. Coal sales to South Korea reached over 300,000t […]
US-Asean Summit sends strong signal to invest in PH
The success of the recent US-Asean Special Summit sends a strong message of pushing for deeper economic engagement between the US and Association of Southeast Asian Nations (Asean) member states, especially on more jobs and investments for the Philippines.
PH eyes opportunities in ASEAN+3 initiatives
Finance Secretary Carlos G. Dominguez III said the Philippines is looking forward to future initiatives under the umbrella of the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate the country’s shift from coal to sustainable energy sources.
Davao City waste-to-energy project to fuel climate change, groups warn
Hundreds of garbage flies infest homes, flying from waste to food, to children. The decaying stench of the dumpsite lingers as families eat. It was almost noon and waste pickers like Virgilio Romero*, 44, scavenge waste on the mountain of garbage under the scorching 51-degree celsius heat.
Philippines to hold 2-GW renewables auction in June 2022
The Phillippine Department of Energy this week posted a revised timeline for its upcoming 2-GW renewable energy auction, scheduling the competitive bidding process for June 17, 2022, at the latest.
Landmark report finds legal grounds to hold fossil fuel firms liable for environmental damage
The findings of a report, which Greenpeace describes as a ‘historic win for climate justice,’ indicate that there are legal grounds to hold fossil fuel companies accountable for the harm their actions have historically brought forth to the environment due to investments in new fossil fuel projects, creating roadblocks and obstructing the transition to clean […]
Philippines: Electricity market operator explores blockchain tech for P2P energy trading
The future of the domestic spot market for electricity in the Philippines could lie in blockchain technology, the country’s market operator has stated, confirming that it’s exploring the integration of the technology in the vast market.
