PH banks seek policy guide on financing shift to ‘green energy’ projects

2021-08-25T14:36:11+08:0025 Aug 2021|Tags: , , , , , , , , , , , |

by Myrna Velasco | August 25, 2021 | Published by Manila Bulletin | READ THE STORY HERE Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial [...]

Philippines needs to address policy gap for financing RE debts

2021-08-25T14:19:49+08:0023 Aug 2021|Tags: , , , , , , , |

by Danessa Rivera | August 23, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines needs to address the policy gap for financing renewable energy (RE) developments to be able to reach its clean energy capacity and energy transition targets as this gap has kept projects from getting to shovel [...]

Commentary: Will local actions matter in the global effort on climate change?

2021-08-25T11:00:09+08:0020 Aug 2021|Tags: , , , , , , |

by Alberto Dalusung III | August 20, 2021 | Published by Philstar.com | READ THE STORY HERE In the eighties, my usual conversation starter with foreigners was “How is the weather?” As a Filipino, I would normally have the advantage of “all-year sunshine” as my counterparts in the Northern Hemisphere struggle with their four seasons. Today, [...]

Toyota, leading PH companies call gov’t to speed up energy transition

2021-07-29T19:14:10+08:0029 Jul 2021|Tags: , , , , , , , , , , |

ICSC supports call for immediate roll out of renewable options program Toyota Motor Philippines, the largest automotive company in the country, has called for the implementation of competition policies that will help establish a renewable energy-powered economy faster and sooner in an online press conference today. In a joint statement with AC Energy, First Gen Corporation, [...]

ICSC calls for coherence, sustainability of PH climate action

2021-07-22T18:10:15+08:0022 Jul 2021|Tags: , , , , , , , , , , , , |

NGO also lauds DOE, DoTr leadership ahead of SONA MANILA, 22 July 2021 -- As build-up to President Rodrigo Duterte’s sixth and final State of the Nation Address (SONA) next week, the Cabinet cluster on climate change today outlined the administration’s legacy on climate action, disaster risk reduction, and renewable energy. Reacting to the pre-SONA [...]

Renewables, flexible generation key to power sector modernization – experts

2021-06-08T18:01:58+08:0008 Jun 2021|Tags: , , , , , , , , , , |

QUEZON CITY, 8 June 2021 -- Energy policy experts pointed to renewable energy — mixed with demand side management, system reliability, and flexible generation — as the best way to address the immediate and long term implications of the current power crisis, leading to more investments, jobs, energy security, and a just economic recovery amid [...]

No electricity? Typhoon survivors, NGOs seek solar solutions for tribal communities

2021-05-21T18:22:15+08:0015 May 2021|Tags: , , , , , , , , , , |

by Kristine Sabillo | May 15, 2021 | Published by ABS-CBN News | READ THE STORY HERE MANILA — For the last 5 decades, members of the Dumagat-Remontado tribe living in Brgy. Laiban, Tanay, Rizal have been without electricity. Located at the foot of the majestic Sierra Madre mountain range, Sitios Magata and Manggahan had [...]

Sec. Cusi bats for GEOP to push PH clean energy scenario

2021-03-10T14:02:29+08:0010 Mar 2021|Tags: , , , , , , |

Press release and photos reposted from the Department of Energy Philippines website. TAGUIG CITY – Energy Chief Alfonso G. Cusi on Monday (8 March), invited the participants in the Conference of Parties (COP) 26 Energy Transition Council (ETC) National Dialogue to avail the government’s Green Energy Option Program (GEOP), as the Department of Energy (DOE) promotes [...]

Owning the sun

2020-09-21T19:20:22+08:0019 Sep 2020|Tags: , , , , , , , , , , , , |

Lifting the 60/40 equity yoke on Renewable Energy investments, as advocated by DOE Secretary Alfonso G. Cusi, sparks an interesting debate on the ownership limits for RE. By Pedro Maniego Jr. | Published in Business Mirror - September 19, 2020 I’M looking at allowing 100-percent investment or ownership in renewables.” Energy Secretary Alfonso [...]