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As the Philippines races to transform its energy mix and green its supply chains, global financial institutions are ramping ...
The IEMOP has reported that a surge in renewable energy usage could drive down average annual spot power prices by as much as 24% by 2029.
MANILA, Philippines — The Philippines does not need to expand its mining activities to meet the requirements necessary for energy transition, think tank and civil society groups said. Center for ...
The Covid-19 pandemic hit the Philippines’ consumption-driven economy hard, with forecasts from the IMF suggesting that real GDP could contract by as much as 9% in 2020. Strict lockdowns took a heavy ...
The National Renewable Energy Program. Virgilio B. Arzadon, Senior Science Research Specialist, Department of Energy Mindanao Field Office, shared that renewable energy is a priority program of the ...
The PEP aims to increase the share of renewables in the energy mix to over 50 percent by 2050, a substantial shift. Key legislative changes, such as a recent bill allowing 100 percent foreign ...
For Nestor Castro and the other residents of Lamao village, which sits near two coal-fired power plants and an oil refinery, the country’s shift to renewable energy cannot come soon enough.
With the Philippines’ energy transition showing promise with a forward-looking policy direction, a mature developer sector, and a dynamic civil society, among other promising characteristics, this ...
The Philippines will also require 54,655 megawatts (MW) by 2040 — more than three times the demand in 2020, which stood at 15,282 MW. The steady climb in demand means the country must shift course ...
CAMARINES Sur is now open for business following its amazing rise from being among the poorest provinces to one of the economic powerhouses in the Philippines, Gov. Luis Raymund Villafuerte told a top ...
By bno - Ho Chi Minh Office Southeast Asia, a region of more than 700mn people with an ever increasing energy demand, is ...