P500B needed for Smart Grid Project
- September 28, 2023
The government will woo foreign and local private investors that will generate around Php 500 billion worth of capital outlay for the Smart Green and Grid System (SGGS), the parallel grid that
The government will woo foreign and local private investors that will generate around Php 500 billion worth of capital outlay for the Smart Green and Grid System (SGGS), the parallel grid that
The Philippines is ensuring an ‘aggressive and proactive stance’ in renewable energy (RE), said former Department of Energy (DOE) Undersecretary Jay Layug. In an exclusive interview with Power Philippines, Atty. Jay Layug
The National Grid Corporation of the Philippines (NGCP) promised to fasten its renewable and sustainable energy projects. In a report by the Manila Standard, the NGCP emphasized the importance of strengthening the
United Nations (UN) Secretary-General Antonio Guterres advocated for ending fossil fuel funding as it is one of the top contributors to global warming, and that transitioning to renewable energy is key to
Citicore Renewable Energy Corporation (CREC) is planning to go public next year and to roll out one gigawatt (GW) of solar projects per annum in the next five years. In a report
The Department of Environment and Natural Resources (DENR) sees the Philippines as an important role in addressing the climate crisis and becoming a key player in the global clean energy landscape. In
Amid pivoting to funding sustainable energy resources, Rizal Commercial Banking Corp. (RCBC) is gearing for a PHP 20 billion loan agreement to bankroll renewable projects, which would support 10 power plants. In
In order to meet its target of having renewable energy account for 50% of the power generation mix by 2040, the Philippine power sector will require PHP 5.8 trillion worth of investments.
Ayala-led ACEN Corporation has teamed up with Indonesian firm PT Deweta Magaenergi to look into possible renewable energy projects in Indonesia. In a disclosure to the Philippine Stock Exchange, ACEN said that
The Department of Energy (DOE) keenly pushes for the installation of a ‘parallel green grid system, ‘ an upgrade and expansion of the Philippines’ energy transmission system. According to a report by