Stay informed on the latest happenings and headlines in the Philippine power industry with…
Originally posted





Stay informed on the latest happenings and headlines in the Philippine power industry with Mabuhay Energy’s Weekly News Spotlight! This week, we’re featuring key articles from the regulatory sector that are shaping the energy landscape: Spotlight: 𝐃𝐎𝐄 𝐓𝐡𝐫𝐞𝐚𝐭𝐞𝐧𝐬 𝐭𝐨 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐭𝐞 𝐎𝐯𝐞𝐫 𝟏𝟎𝟎 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 At least 105 renewable energy (RE) projects could be terminated due to non-compliance with project timelines, according to the Department of Energy (DOE). Additionally, 88 projects are either stalled in their pre-development phases or not advancing at all. These include 53 solar, 17 hydropower, 10 wind, 5 geothermal, and 3 biomass projects. Among the reasons cited for project delays is the failure to secure possessory rights or system impact studies, which indicates the inability to connect to the power grid. READ MORE: https://www.philstar.com/business/2024/10/21/2393966/over-100-renewable-energy-projects-face-termination-doe 𝐃𝐎𝐄 𝐑𝐞𝐬𝐮𝐦𝐞𝐬 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 Effective November 25, renewable energy (RE) developers may now submit their letters of intent and applications for RE contracts via the Energy Virtual One-Stop Shop System (EVOSS) online platform, the DOE announced in a statement. Processing of RE applications in the EVOSS was suspended last June to allow the DOE to update and align the application process in the EVOSS with the revised omnibus guidelines governing RE contracts. READ MORE: https://malaya.com.ph/business/enterprise/doe-resumes-processing-of-re-contract-applications/ Image Sources: PhilStar, Business Inquirer Want to stay updated on the headlines in the Philippine power industry? Subscribe to our weekly newsletter today! Connect with our energy professionals by emailing us at info@mabuhayenergy.com. Mabuhay Energy, #YourPartnerForGrowth
