PHL exposed to LNG spot market volatility as Malampaya supply dwindles — Fitch 

THE PHILIPPINES will need to turn to the volatile spot market for liquefied natural gas (LNG) with major power producers currently dependent on dwindling Malampaya gas yet to conclude long-term import agreements, Fitch Solutions Country Risk and Industry Research said in a report. “None of the power producers has secured long-term LNG supply agreements, which […]

Mandaue City moves to use solar energy

BARANGAYS and other government offices in Mandaue City may soon have solar panels installed, boosting energy security and the supply of affordable electricity. This, as the Mandaue City Council mulls an ordinance to develop and promote renewable energy in barangays and city government facilities. City Councilor Joel Seno, who drafted the proposed law, told SunStar […]

Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

Singapore, Feb 10, 2023 – (ACN Newswire via – Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023. The objective of this course is to provide participants with an enhanced understanding of the financial modelling and […]

CIMC is betting on a new round of growth by shooting “triple arrows” of its innovative businesses

HONG KONG, Feb 8, 2023 – (ACN Newswire via – On the closing night of 20 January, CIMC (000039.SZ) released 2022 results forecast. During the reporting period, net profit attributable to the parent was RMB3 billion to RMB3.8 billion, and net profit attributable to the parent after deducting non-recurring gains and losses was estimated […]

Results of Joint Research into Hydrogen Energy Solutions Supported by the Toyota Mobility Foundation were Published in the International Journal of Hydrogen Energy

TOKYO, Feb 8, 2023 – (JCN Newswire via – A review article by a team of researchers supported by the Toyota Mobility Foundation (TMF) has been published in the International Journal of Hydrogen Energy, a world-renowned scientific journal issued by the Dutch academic publisher Elsevier. Water electrolysis hydrogen generator Title: Influence of renewable energy […]

Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

HONG KONG, Feb 8, 2023 – (ACN Newswire via – On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and […]

JEG Tower gets 37kWp rooftop solar panel

PROPERTY developer JEG Development Corp. (JDC) and Vivant COREnergy Inc. are pushing forward their goal of achieving sustainability through renewable energy with the launching of the first solar-powered commercial building in Cebu City. A 37kWp (kilowatt peak) rooftop solar panel was recently installed at the 22-story JEG Tower @ One Acacia to power daytime energy […]

LG Energy Solution and Honda Formally Establish Battery Production Joint Venture

TOKYO, Jan 16, 2023 – (JCN Newswire via – LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. The JV will begin construction of a new battery plant early […]

2,000 MW of renewable energy projects in Mindanao in the pipeline

By Maya M. Padillo, Correspondent   RENEWABLE ENERGY (RE) projects that can produce about 2,000 megawatts (MW) of power are in the pipeline within the southern Philippine islands, according to an official of the Mindanao Development Authority (MinDA).  Assistant Secretary Romeo M. Montenegro, MinDA deputy executive director, said projects with a combined capacity of 400 MW […]

Energy label rules now cover laundry, kitchen, ICT devices

THE Department of Energy (DoE) said its energy-consumption labeling rules have been expanded to cover a range of laundry, kitchen, and cooling appliances. The full list of appliances subject to the labeling rules includes cleaning and laundry, cooking and food processing, cooling, heating and ventilating, grooming and personal care, information and communications technology (ICT) equipment, […]

Nuclear decision to hinge on economics of BNPP rehab, compliance with safety rules

THE decision to incorporate nuclear power into the energy mix now rests on project economics and the Philippines’ ability to comply with safety requirements, a government think tank said. “The decision whether to rehabilitate (the Bataan Nuclear Power Plant) must be guided by project economics. The Korea study implies that rehabilitation is technically feasible. The […]

Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

Mandalay, Myanmar, Dec 30, 2022 – (ACN Newswire via – Myanmar’s latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country’s sustainability and electrification efforts, its developer announced today. The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to […]

Energy dep’t touts savings from power conservation program

THE DEPARTMENT of Energy (DoE) said Tuesday that 24 industrial, commercial and government establishments participating in its energy efficiency and conservation (EEC) program saved about 36.94 million kilowatt-hours (kWh) of electricity this year. “With energy efficiency and conservation as a whole-of-nation approach to reduce consumption and ultimately earn savings, I encourage others also to approach […]