Energy & Mining
Renewable energy resource area bidding attracts 25
The ongoing bid to appropriate so-called pre-determined areas (PDA) for hydropower, geothermal and wind energy project proponents has attracted 25 applicants, the Department of Energy (DOE) said on Tuesday.
NGCP looking into power line disruptions over the weekend
The National Grid Corporation of the Philippines (NGCP) said Monday it is looking into the root cause of the grid disturbance Sunday night that caused power interruptions across the Luzon grid.
Public hearing set for proposed P21.86B Apayao hydro project
The Department of the Environment and Natural Resources (DENR) has scheduled a 19 October 2023 public hearing of the proposed 250-megawatt Gened-2 hydropower plant in Kabugao, Apayao.
Alternergy taps 3 investment houses for P12B project funding
Listed renewable power firm Alternergy Holdings Corp. said Monday it has engaged three local investment houses to arrange a P12 billion project finance structure to bankroll two wind projects won in the Department of Energy’s Green Energy Auction 2.
Oil prices fall as Russia, Saudi Arabia expected to boost supply
Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday.
