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AC Energy joint venture gets Vietnam energy storage deal

ABS-CBN News
Posted at Oct 18 10:33 AM

AC Energy on Monday said it was awarded a grant for the pilot of a utility-scale battery energy storage system in Vietnam together with partner AMI Renewables. Read more »

KKR hikes stake in First Gen Corp to 19.9 percent

Bruce Rodriguez, ABS-CBN News
Posted at Oct 06 08:10 PM

US-based global investment firm KKR raised its stake in First Gen Corp to 19.9 percent after investing an additional P8.68 billion. Read more »

Aboitiz eyes green shift after $1.6-B JERA investment

Bruce Rodriguez, ABS-CBN News
Posted at Sep 28 06:25 PM

The Aboitiz Group said it will speed up its sustainability shift after getting up to $1.58 billion from the sale of part of its stake in its power business. Read more »

Decarbonization, the Southeast Asian Way

Johanna Son* | Reporting ASEAN
Posted at Sep 27 11:25 PM

COVID-19 is adding to the vulnerabilities that Southeast Asia faces from climate change. Read more »

AC Energy building PH's first 'hybrid' solar, storage plant

ABS-CBN News
Posted at Sep 27 12:41 PM

AC Energy said Monday it would power the country’s first hybrid solar and storage plant in the Philippines. Read more »

Japan's Renova joins hydropower project in Philippines

Kyodo News
Posted at Aug 31 02:52 PM

Renova said the Kiangan project in Ifugao is its first hydroelectric power project and its first investment in the Southeast Asian country. Read more »

10 things to teach children about climate change

First Gen
Updated as of Sep 08 04:14 PM

Protecting the environment is not only the burden of one generation but of every living being on Earth. Start teaching your kids how to be good stewards of the planet and contribute to the mitigation against climate change together. Read more »

5 big ways to start a greener home

First Gen
Posted at Aug 27 11:19 AM

Living an eco-friendly lifestyle is no longer just a trend or a buzzword, it is something everyone on the planet needs to do to ensure a safe and healthy world for the next generation. Read more »

Energy Usec now OIC of Napocor

ABS-CBN News
Posted at Aug 19 04:57 PM

President Rodrigo Duterte has approved the designation of Department of Energy Undersecretary Donato D. Marcos as the Officer-in-Charge of the National Power Corp, Napocor said Thursday. Read more »

Nuclear scientists hail US fusion breakthrough

Agence France-Presse
Posted at Aug 18 08:58 AM

Nuclear scientists using lasers the size of three football fields said Tuesday they had generated a huge amount of energy from fusion, possibly offering hope for the development of a new clean energy source. Read more »

Power distributors call for larger share for renewables

Bruce Rodriguez, ABS-CBN News
Posted at Aug 10 08:52 PM

Power industry stakeholders called for a higher government quota on contracted renewable energy. Read more »

Global emissions on track for all-time high in 2023: IEA

Agence France-Presse
Posted at Jul 20 02:10 PM

Carbon emissions are on track to hit an all-time high globally in 2023 as just two percent of pandemic recovery finance is being spent on clean energy, the International Energy Agency said Tuesday. Read more »

Fossil fuel power demand has 'peaked worldwide': analysis

Patrick Galey, Agence France-Presse
Posted at Jul 14 09:04 AM

Electricity generation from fossil fuel has peaked worldwide as emerging markets opt for cheaper renewable technology as part of a global shift to cleaner energy, analysis showed Wednesday. Read more »

San Miguel drops new coal projects in 'big step' towards renewables: Ramon Ang

ABS-CBN News
Updated as of Jul 12 09:32 AM

San Miguel Corp said it would drop new coal projects to empasize its push for sustainable expansion and renewable energy sources, its president said.    Read more »

Falling renewables costs undercut new and some existing coal plants - study

Nina Chestney, Reuters
Posted at Jun 22 07:01 PM

The cost of renewable energy sources is undercutting that of new and some existing coal-fired power plants, a report by the International Renewable Energy Agency (IRENA) showed on Tuesday.   Read more »

ASEAN welcomes Japan's $10 billion support for decarbonization

Kyodo News
Posted at Jun 21 10:27 PM

TOKYO - The Association of Southeast Asian Nations welcomed Japan's pledge in their special meeting Monday of $10 billion in financial support for decarbonization efforts by its member states Read more »

Does money grow on volcanoes? El Salvador explores bitcoin mining

Reuters
Posted at Jun 10 08:52 AM

El Salvador's President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country's volcanoes. Read more »

Pilipinas Shell says pursuing low carbon operations while continuing oil and gas

ABS-CBN News
Posted at Jun 03 12:11 PM

Pilipinas Shell will continue to provide oil and gas while it embarks on low carbon operations in line with the strategic directions of Royal Dutch Shell, its president and CEO said Thursday.  Read more »

First Gen to spend $530 million for capex

ABS-CBN News
Posted at May 20 01:32 PM

First Gen confirmed on Thursday that it expects to spend $530 million or around P25.4 billion in capital expenditures this year.   Read more »

AC Energy says building Philippines' largest wind farm

ABS-CBN News
Posted at May 19 10:19 AM

AC Energy Corporation has started construction of the 160-megawatt Balaoi & Caunayan wind farm, which it said is the biggest wind farm in the Philippines to date.  Read more »