Agriculture Secretary William Dar and Energy Secretary Alfonso Cusi forged a ten-year partnership starting August 6, 2020 for the formulation and implementation of a Renewable Energy Program for the Agriculture and Fishery Sector (REP-AFS). The program will promote the use of cost-efficient renewable energy sources such as solar, wind, hydro, small-scale geothermal, and biomass for […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
Prime Infra starts building power generation portfolio
Razon-led Prime Metroline Infrastructure Holdings Corp. (Prime Infra) is investing P1.5 billion in the solar power company run by Leandro Leviste, the son of former Sen. Loren Legarda. Prime Infra said Monday that it recently signed an agreement with Solar Philippines Power Project Holdings Inc. (Solar Philippines) to invest P1.5 billion for 50 percent […]
Maasin diocese lauded by Vatican for using renewable energy
A diocese in the Philippines has been cited by the Vatican for being the first to switch to renewable energy in the whole Catholic Church. The Vatican in a document said the Diocese of Maasin in Southern Leyte province has become “the first diocese in the world to equip all parishes with solar panels.” According […]
Razon, Leviste ink 800-MW solar energy joint venture
RAZON-LED Prime Metroline Infrastructure Holdings Corp. (Prime Infra) and Solar Philippines Tarlac Corp. are set to jointly build big solar projects after they signed a P1.5-billion deal boosting the latter’s energy capacity. In a statement on Monday, the infrastructure company said the deal, which gives it 50% of common shares of Solar Philippines, will raise […]
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables For more information please see below link: Source: ieefa.org
Philippines’ Oldest Conglomerate to Get Out of Coal by 2030
Philippines’ Oldest Conglomerate to Get Out of Coal by 2030 Ayala Corp., the Philippines’ oldest conglomerate, aims to fully divest from coal by 2030, a rare rebuke of the fuel in a region where its use is expected to grow. Read More…
ADB, European Union, and ASEAN Countries Partner to Boost Green Infrastructure
BRUSSELS, BELGIUM: The European Union (EU) announced today it is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with €50 million ($54.9 million) to help governments prepare and catalyze public and private financing for climate-friendly infrastructure projects across Southeast Asia. Launched in April 2019 and managed by the […]
Mitsubishi PH showrooms to soon have EV charging stations
It’s not only the Outlander PHEV that Mitsubishi Motors Philippines Corporation (MMPC) plans to bring to the country soon. Apart from the plug-in hybrid that is set to arrive in late 2020, the automaker also plans to roll out a charging system, as well as their next-generation showrooms across some of their dealerships. As Mitsubishi deepens their […]
Total Solar Distributed Generation SEA has completed the construction of three solar projects for Jentec Storage in the Philippines
Driving costs and carbon footprint down in a sustainable way. CALAMBA, Philippines : Total Solar Distributed Generation (DG) SEA has completed the construction of three solar-powered rooftops for Jentec Storage Inc. in Calamba, La Union and Ilo-Ilo. With a combined capacity of 1.1 megawatts (MW), the system will generate an estimated 1.55 gigawatt-hours (GWh) of […]