RE sector to be opened soon to full foreign ownership

RE sector to be opened soon to full foreign ownership

Richmond Mercurio – The Philippine Star MANILA, Philippines — The country’s renewable energy sector is set to be opened to full foreign ownership soon, according to the Department of Energy. DOE officials said the agency wants the sector be opened to 100 percent...
MERALCO declares failure of bidding for 850MW mid-merit supply

MERALCO declares failure of bidding for 850MW mid-merit supply

Originially published in powerphilippines.com The Manila Electric Company (MERALCO) has declared a failed bidding for 850 megawatts (MW) of renewable energy mid-merit supply due to the lack of competing bids. MERALCO’s Third-Party Bids and Awards Committee (TPBAC)...
Wind power shift to boost PH economy by $1.1B

Wind power shift to boost PH economy by $1.1B

By: Karl R. Ocampo | Published in business.inquirer.net The Philippines could bring in more than $1.1 billion, or P56.5 billion, to its economy if it will pursue a green recovery plan focusing on the development of wind power, an international group said, although...