Pure Energy Holdings Corp. (PEHC) subsidiary NexGen Energy Corp., announced plans to develop solar and wind power projects with a capacity of over 2,350 megawatts (MW) over the next ten years.
The Philippine National Oil Co. (PNOC) seeks to harness the power of rivers and has partnered with Turbulent NV in exploring the use of its hydroelectric technology.
The Department of Energy (DOE) on Thursday projected persistent yellow and red alerts raised three or more weeks down the line when the heat index continues to be high and some of power plants go offline for maintenance and other events.
The Luzon and Visayas grids were placed under red and yellow alerts Wednesday beginning 3 p.m. as 49 power plants were either on forced outage or de-rated again. This meant the loss of 2,123.3 megawatts (MW) of power in the Luzon and Visayas grids.