Php330B needed for Mindanao coal plant buyout
- November 1, 2021
The government will have to spend P330 billion for it to be able to buy out coal power plants in Mindanao, as part of the Philippines’ commitment to cut on carbon emissions
The government will have to spend P330 billion for it to be able to buy out coal power plants in Mindanao, as part of the Philippines’ commitment to cut on carbon emissions
The Department of Energy (DOE) will be sending two men as part of the 19-man Philippine delegation to the United Nations (UN) Climate Change Conference, better known as the 26th Conference of
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 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
President Rodrigo Duterte earlier this week again expressed his refusal to honor the climate change agreement and said it will hinder the industrialization of the Philippines. Speaking to typhoon-hit residents in Tuguegarao
Alternergy Holdings Corporation has acquired a Php 1-billion project finance senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to finance the construction of its 28-megawatt peak (MWp) Balsik Solar Power