First Gen starts work on $1.26B worth of gas, hydro facilities
First Gen Corp. has started preliminary work to prepare for the construction of $1.26 billion (roughly P51.7 billion) worth of natural gas facilities and hydropower plants.
First Gen Corp. has started preliminary work to prepare for the construction of $1.26 billion (roughly P51.7 billion) worth of natural gas facilities and hydropower plants.
Korea Water Resources Corp. (K-Water), the leading water resources and power firm in South Korea, on Thursday signified its agreement to the water protocol governing the operations of the 246-megawatt Angat hydropower plant in Bulacan.
The government has approved tax perks for the Aboitiz group’s Tudaya 1 Hydroelectric power plant that aims to help augment Mindanao’s power supply.
Local power developer Isabela Power Corp. is in talks with Alloy-MTD Group of Malaysia for a possible partnership for a proposed $150-million (roughly P6 billion) hydropower plant in Isabela.
The Asian Development Bank has made available $102 million to the Philippine government to boost the use of renewable energy in the country, specifically solar and hydropower resources.
First Gen Corp. of the Lopez group has set aside close to $2 billion (roughly P82 billion) to put up natural gas and hydropower projects over the next five years, in anticipation of the country’s need for additional capacities.
SN Aboitiz Power Group (SNAP) is looking to further expand its power generation portfolio with plans to put up five more hydropower facilities and bid for government-managed contracted capacities. In a recent briefing, SNAP president and chief executive officer Emmanuel V. Rubio disclosed that SNAP had pending applications before the Department of Energy for five [...]
The Department of Energy (DOE) has temporarily put on hold the planned bidding for 40 to 50 prospective run-of-river mini-hydropower sites for exploration and development.
The department of Energy (DoE) is bent on pushing through with its plan to bid out within the fourth quarter at least 40 prospective run-of-river hydropower sites for exploration and development.
Diversified conglomerate San Miguel Corp. is beefing up its hydropower-generation portfolio with the acquisition of existing power plants and a possible foray into renewable energy development.
The government is well prepared to deal with the possible sale of the 700-megawatt Agus-Pulangi hydropower complex to the private sector—a decision that still has to be made by the Joint Congressional Power Commission (JCPC), Energy Secretary Jose Rene D. Almendras said.
PNOC Renewables Corp., a wholly owned subsidiary of state-run Philippine National Oil Co., is seeking for private sector partners for its 11 hydropower projects, which can generate roughly 270 megawatts for the Luzon and Visayas grids. According to PNOC-RC president Roger Buendia, the company wants to “encourage private investments” in these projects, which are all [...]
