News

As the Philippines races to transform its energy mix and green its supply chains, global financial institutions are ramping ...
THE Marcos administration has shown commendable momentum in opening up the country’s energy sector to foreign investments and ...
The IEMOP has reported that a surge in renewable energy usage could drive down average annual spot power prices by as much as 24% by 2029.
The Covid-19 pandemic hit the Philippines’ consumption-driven economy hard, with forecasts from the IMF suggesting that real GDP could contract by as much as 9% in 2020. Strict lockdowns took a heavy ...
The ongoing southwest monsoon or habagat is one of the worst monsoon rains that I can remember in recent years.
CAMARINES Sur is now open for business following its amazing rise from being among the poorest provinces to one of the economic powerhouses in the Philippines, Gov. Luis Raymund Villafuerte told a top ...
With the Philippines’ energy transition showing promise with a forward-looking policy direction, a mature developer sector, and a dynamic civil society, among other promising characteristics, this ...
The PEP aims to increase the share of renewables in the energy mix to over 50 percent by 2050, a substantial shift. Key legislative changes, such as a recent bill allowing 100 percent foreign ...
The Philippines will also require 54,655 megawatts (MW) by 2040 — more than three times the demand in 2020, which stood at 15,282 MW. The steady climb in demand means the country must shift course ...
MANILA, Philippines — As the country observed Earth Day, Environment Secretary Maria Antonia Yulo Loyzaga underscored the urgency of a unified, multi-sectoral approach to combat climate change ...
The National Renewable Energy Program. Virgilio B. Arzadon, Senior Science Research Specialist, Department of Energy Mindanao Field Office, shared that renewable energy is a priority program of the ...
The transition requires massive investments in infrastructure, advanced technology, and policy innovation. For instance, the Philippines’ growing relationship with Canada, a nation globally ...