Tag: Department of Energy
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Renewable Energy Bids Surpass Goals in Third Green Energy Auction
MANILA – The third round of the Green Energy Auction (GEA-3) has seen a robust response from renewable energy developers, with bids exceeding the Department of Energy’s (DOE) target of 4,650 megawatts (MW). The DOE announced that the auction attracted 14 projects, totaling a tendered capacity of 7,530.89 MW, scheduled for delivery between 2025 and…
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Philippines Grants National Significance Status to 149 Major Energy Projects
The Department of Energy (DOE) in the Philippines has recently awarded Certificates of Energy Projects of National Significance (CEPNS) to 149 significant energy initiatives, totaling PHP2.4 trillion in investments from May to December 2024. These projects encompass a broad spectrum of energy solutions, including 91 renewable energy projects that will contribute 17.6 gigawatts of clean…
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