9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Ayala-led ACEN has secured a Php13.7 billion loan to fund the transition of its 270-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Calaca, Batangas. In a statement on Monday,
BDO Unibank, the country’s largest universal bank, is open to funding renewable energy (RE) projects in the Philippines given the government’s drive to raise the composition of RE in the country’s energy
Finance Sec. Carlos Dominguez III has urged multilateral development banks (MDBs) to come up with guidelines for vetting climate adaptation projects in developing countries in order to attract private investors. Dominguez outlined
The Philippines and Indonesia may be the first countries in Asia to remove coal from their energy mix. This comes on the back of commitments from the Asian Development Bank (ADB) to
The Asian Development Bank (ADB) and the Philippine government, together with Indonesia and Vietnam, are considering the implementation of the energy transition mechanism (ETM) to finance the shift to cleaner energy sources.
The government is delaying the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) to focus first on the sale of the Casecnan Multi-Purpose Project (CMPP). Based on a report from The
The Department of Finance (DOF) said it will seek funding sources and come up with programs aimed at attracting investments, as the country seeks to shift away from carbon-based power generation. Based
The Asian Development Bank (ADB) said it will stop financing new coal power plants in the region under a proposed energy policy released last Friday (May 7). The ADB, which gives loans
The Philippines and neighbor members of the Association of Southeast Asian Nations (ASEAN) stand to benefit from the Green Climate Fund’s (GCF) $300 million support to the Asian Development Bank’s (ADB) green recovery
The government, through the Power Sector Assets and Liabilities Management Corporation (PSALM), looks to privatize its hydroelectric power plants (HEPPs) under Independent Power Producer (IPP) contracts this year, with a study by the
