Lopez-led First Philippine Holdings Corp. (FPH) cited the importance of natural gas as transition fuel while the industry works on six conditions before the country can fully replace conventional fuel with renewable energy (RE). During a recent forum hosted by the Net Zero Carbon Alliance (NZCA), the chief sustainability officer of FPH said the country
The Net Zero Carbon Alliance (NZCA) has added nine more firms in its partner list, bringing to 20 those that have committed to carbon neutrality. The new members of the group are the British Standards Institution, CEMEX Holdings Philippines, ECC International, EV Mobility Ventures, First Philippine Industrial Park, Holcim Philippines, Mondelez Philippines, Monde Nissin Corp.
THE National Power Corporation (NPC) on Thursday turned over four rural network solar power plants to electric cooperatives (ECs) in Samar, South Cotabato and Sultan Kudarat. The project is part of the European Union’s P3.8-billion grant to the Philippines through the Access to Sustainable Energy Programme (ASEP), a joint undertaking of…
The Power Sector Assets and Liabilities Management Corp. (PSALM) has paid off P54.75 billion worth of debts, interest and other charges in the first half, bringing down its financial obligations to P315.3 billion as of end-June. During the six-month period, PSALM settled P45.85 billion worth of principal debt and Independent…
Supertyphoon “Egay” (international code name Doksuri) slammed an island and lashed northern Philippine provinces with ferocious wind and rain Wednesday, displacing nearly 16,000 villagers as it blew tin roofs off rural houses, flooded low-lying villages and knocked out power, officials said. As Egay continue to batter parts of the country…