Putin’s war on Ukraine and impact on PH prices
MANILA, Philippines—After years of tension, Russian dictator Vladimir Putin announced a “military operation” in former Soviet state Ukraine during a surprise television announcement on Feb. 24.
Germany assesses potential of hydrogen as PH energy source
The German-Philippine Chamber of Commerce and Industry (GPCCI) said it is exploring the potential of the Philippine market for green hydrogen as a future source of energy.
Manila Electric eyes wind, solar, nuclear to boost coal-free push
Manila Electric Co. (Meralco), the Philippines’ largest power retailer, plans to tap nuclear, solar and wind energy sources to accelerate its push to stop using coal by 2050. The company that distributes electricity in Metro Manila and nearby provinces is building solar farms that can generate 188 megawatts, in line with its target to have […]
Green investments to drive Philippines’ sustainable recovery — BSP
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has highlighted the importance of green investments or projects aimed at the conservation of natural resources in driving the country’s post-pandemic recovery.
ADNOC to supply FSU for AG&P’s Philippines LNG import terminal
ADNOC L&S will supply, as well as operate and maintain the vessel named ISH, a 137,512 cubic metre (cm) FSU for the project in Batangas Bay. The FSU is being chartered for 11 years with an option to extend by another four years.
Philippines’ first hybrid solar-plus-storage plant comes online through Ayala Group energy subsidiary
The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s battery energy storage system (BESS).
Philippines may be frontrunner in wind energy development in Asia
MANILA, Philippines — The Philippines has the potential to be a frontrunner in wind energy development in Asia if it fully commits to renewable energy, improve permitting and leasing process, and boost its transmission system, according to the Global Wind Energy Council (GWEC).
DOE gearing up for oil supply disruptions
The Department of Energy (DOE) is gearing up an oil contingency plan to assure enough fuel supply amid disruptions in the global market.