Energy & Mining
Gov’t steps up El Niño readiness for power sector; price hikes seen
The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.
PH targeted as regional SAF hub; 1% blend mandate by 2030 proposed
The Department of Energy is pushing to make the Philippines a regional sustainable aviation fuel (SAF) production hub, with a proposed one percent blending mandate by 2030 to build demand and attract investment.
Isabela solar project secures P1.24B RCBC financing
PetroGreen Energy Corp. (PGEC), through subsidiaries Rizal Green Energy Corp. (RGEC) and BKS Green Energy Corp., has secured up to P1.24 billion in project financing from Rizal Commercial Banking Corp. (RCBC) to develop the Limbauan ground-mounted solar plant in San Pablo, Isabela.
En Tsumugi invests in Philippine battery recycling
En Tsumugi is investing in a lithium-ion battery recycling facility in the Philippines, betting on growing demand for local capacity to recover critical minerals as the country’s electric vehicle and battery industries develop.
ASEAN energy shift must balance growth, diversity
Energy transition within Southeast Asia must keep pace with economic growth while allowing member states to pursue different routes based on their resources and circumstances, Energy Secretary Sharon Garin said Tuesday, as countries within the Association of Southeast Asia Nation faces surging power demand and mounting pressure to decarbonize.
