By Lenie Lectura – November 15, 2017 from Business Mirror The Department of Energy (DOE) and the Russian Federation State Atomic Energy Corp. (Rosatom) have inked a cooperation deal aimed at exploring the development of nuclear energy in the country. “The cooperation with Russia is part of the government’s intention to develop a variety of applications of nuclear energy that are within our policies, particularly for power generation,” Energy Secretary Alfonso G. Cusi said. The parties signed a memorandum of […]

By Alena Mae S. Flores – November 13, 2017 at 07:57 am from manilastandard.net San Bernardino Ocean Power Corp., a joint venture between local company H&WB Asia Pacific (Pte. Ltd.) Corp. and Sabella SAS of France, expressed optimism that it will launch the country’s first tidal project in San Bernardino Strait following the successful public consultation in October. SBOPC is a special purpose company that explores and develops the Philippines’ vast ocean energy resource, deploying tidal in-stream energy conversion, or […]

By Alena Mae S. Flores – November 16, 2017 at 07:40 pm From manilastandard.net San Miguel Corp. said unit South Premiere Power Corp. paid state-owned Power Sector Assets and Liabilities Management Corp. a total of $4.8 billion in various fees as of October as the administrator of the 1,200-megawatt Ilijan power plant. San Miguel said it issued the statement to dispute PSALM’s allegation that it was not paying its obligations to the government. “This is clear proof that we religiously […]

By Alena Mae S. Flores – November 19, 2017 at 08:17 pm from manilastandard.net Aboitiz Power Corp. is expanding its hydro power generation portfolio around the Philippines, with new projects with a combined capacity of 97 megawatts in various stages of development. Aboitiz Power president and chief operating officer Antonio Moraza said in a statement the company’s expansion of renewable energy portfolio was in line with a balanced mix growth strategy. “We never stop looking for ways to maximize productions […]