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Saturday, April 20, 2024

Energy

Cavite transmission project hits roadblock, affecting new power plants

National Grid Corp. of the Philippines said Friday the implementation of the Tuy-Dasmarinas 500-kiloVolt (kV) Transmission Line Project hit a major legal roadblock that may hamper the entry of new generation projects totaling over 5,000 megawatts if not immediately resolved. “The project will enable the entry of big power generation from Batangas. Any delay in the project’s implementation will also impede the entry of additional power supply from new power...

DOE using AI, data analytics to stop collusion in power market

The Department of Energy (DOE) said Friday it is deploying artificial intelligence...

New Zealand commits $25m for ADB’s energy transition mechanism

New Zealand committed $25 million to the Asian Development Bank’s (ADB) Energy...

PetroGreen signs supply agreement with Trina Solar

PetroGreen Energy Corp., a subsidiary of listed PetroEnergy Resources Corp. and its...

LATEST Energy

LATEST

Basic, Renova to develop 50-MW Mabini wind project

Listed Basic Energy Corp. on Wednesday signed the joint development and shareholder’s agreement (JDSHA) with Japanese renewable energy firm Renova Inc. for the P4.5-billion...

SPNEC books P5.7-b income following entry of Meralco unit

Renewable energy firm SP New Energy Corp. (SPNEC) booked a net income of P5.7 billion in 2023, a sharp turnaround from net loss of...

ACEN, Rockefeller Foundation pilot ‘coal to clean’ project

ACEN Corp. and The Rockefeller Foundation said Wednesday the first Coal to Clean Credit Initiative (CCCI) pilot project could avoid up to 19 million...

Floating battery storage in Davao now operational

Aboitiz Power Corp., through its subsidiary Therma Marine Inc. (TMI), recently held the ceremonial switch-on of Southeast Asia’s first 49-megawatt (MW) hybrid battery energy...

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