Filipinas Systems to invest $323,000 for coal exploration in PH’s Bangsamoro region
Philippine authorities have awarded the first coal operating contract (COC) for a pre-determined area in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to Filipinas Systems, Inc. (FSI). To fuel this programme, the company said it is investing $323,000 (PHP19m).
ASEAN power grid could create new jobs, bring investments to energy sector: Study
SINGAPORE – The Asean power grid would have many benefits for countries in the region other than providing green electricity, including the creation of new jobs, reduced air pollution, and significant investments generated for the energy sector.
MGen’s $4b Terra Solar plant to aid Philippine RE transition
Meralco PowerGen Corp. (MGen) expects to lead the energy transition in the Philippines with what could be the world’s largest solar farm — its $4b Terra Solar project north of the capital.
Philippines Petroleum Industry Valuation to Reach Sky High US$ 21.54 Billion By 2032 | Pharma and Cosmetics Products Demand Ignites Fastest Growth Says Astute Analytica
The Philippine petroleum industry market presents significant growth opportunities driven by rising demand, government initiatives, and investment prospects, despite challenges like import dependence and supply risks.
EDC allocates $434 million for Southern Negros geothermal expansion, Philippines
Energy Development Corporation is allocating about $434 million to support capacity expansion of the Southern Negros Geothermal Field in the Philippines.
PHL-BOI, New Zealand Explore Geothermal Energy Collaboration
The Board of Investments (BOI) is strengthening its push for renewable energy investments in the Philippines, particularly in geothermal energy, through discussions with a high-level delegation from New Zealand.
Singapore keen to invest in offshore wind power development in Ba Ria-Vung Tau
Pang Te Cheng, the consul general of Singapore in Ho Chi Minh City, expressed his hope that the southern province of Ba Ria – Vung Tau will create the optimal conditions for Singaporean firms to invest in the fields of logistics and energy, especially in the wind power development.
Vietnam Draft Decree on Rooftop Solar Power: New Opportunities on the Horizon for Investors
The Vietnam rooftop solar sector is set for a major boost with a new draft decree published in early October 2024, introducing fresh policy guidelines to promote self-produced and self-consumed solar energy. This draft is poised to create favorable conditions and open viable commercial opportunities for foreign investors in Vietnam’s renewable sector.
