Tag: Renewable Energy
-
Philippines Shatters Records with PHP1.9 Trillion in Investment Pledges for 2024!
In a stunning economic milestone, the Philippines has soared to new heights with a record-breaking PHP1.9 trillion in approved investment pledges for 2024. The Board of Investments (BOI) announced this monumental achievement on February 24, 2025, highlighting the Marcos administration’s successful strategy to elevate the country as a top-tier investment hub. This surge represents a…
Written by
-
Philippines Fast-Tracks $65 Million Solar Projects with Green Lane Endorsement
MANILA – The Board of Investments (BOI) has given a significant boost to two solar power initiatives by Upgrade Energy Philippines, Inc. (UGEP), endorsing them for expedited permit and license processing across various government levels. The BOI issued Green Lane Certificates of Endorsement for the PHP2.11-billion Cabangan Solar Project in Zambales and the PHP1.51-billion Pontevedra…
Written by
-
Philippine Business Leader Optimistic About High-Level Investments and Partnerships
Jaime Augusto Zobel de Ayala, the influential chairman of Ayala Corporation, expressed a strong belief in the Philippines’ potential for growth and readiness for significant investments and partnerships. Speaking at a recent board meeting of the US-Philippines Society (USPS) in Makati City, Zobel de Ayala, often referred to as JAZA, encouraged businesses to tap into…
Written by
-
Alyansa Candidates Pledge to Resolve Power Issues in Davao Region
In a determined effort to tackle the persistent power supply challenges in the Davao Region, senatorial candidates from the Alyansa Para sa Bagong Pilipinas coalition have committed to legislative action if they secure victory in the upcoming May 12 mid-term elections. During a campaign rally in Tagum City, Davao del Norte, the candidates outlined their…
Written by
-
Albay Power Company Educates Local Communities on Energy Regulatory Fund Utilization
In a significant move to enhance community engagement, AboitizPower Renewables Inc. (APRI) organized an educational session in Tiwi, Albay, on February 10, 2025. The event was designed to equip local barangay officials, representatives from local government units, and national agencies with the knowledge needed to effectively utilize energy regulatory (ER) funds. The session, attended by…
Written by
-
Albay Power Company Educates Local Communities on Energy Fund Utilization
In a significant move to enhance community development, AboitizPower Renewables Inc. (APRI) organized an educational session in Tiwi, Albay, focusing on the effective use of energy regulatory (ER) funds. The event, held on February 10, 2025, attracted participants from various local and national government bodies, aiming to equip them with the knowledge needed to tap…
Written by
-
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…
Written by
-
Philippines Advocates for Openness and Cooperation in Climate Governance
In a significant gathering in Manila, the Philippines underscored the critical need for transparency, accountability, and cooperative efforts in tackling climate challenges that span across social and national lines. During the Open Government Partnership Asia-Pacific Regional Meeting on February 7, Climate Change Commission Vice Chairperson and Executive Director Robert E.A. Borje emphasized the nation’s dedication…
Written by
-
Philippines Achieves Unprecedented Renewable Energy Milestone in 2024 with 794 MW Installed
In a significant stride towards sustainable energy, the Philippines recorded its highest ever installation of renewable energy capacity in 2024, reaching 794.34 megawatts (MW). The Department of Energy (DOE) announced this achievement, highlighting a substantial increase from the previous years’ total of 759.82 MW installed between 2021 and 2023. The year 2021 saw an installation…
Written by