The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.
Listed energy firm SPC Power Corp. is embarking on an aggressive expansion into renewable energy and battery energy storage systems (BESS), with a target of adding 500 megawatts (MW) of capacity to its portfolio by 2029.
The Department of Energy (DOE) launched on Wednesday the fifth round of its Green Energy Auction (GEA 5), targeting the deployment of 3,300 megawatts (MW) of fixed-bottom offshore wind (OSW) capacity between 2028 and 2030.
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.
The government is considering suspending the scheduled increase in coco methyl ester (CME) biodiesel blend from 3 percent to 4 percent by 1 October this year as scheduled, the Philippine Coconut Authority (PCA) revealed Wednesday.