DOE Philippines To Launch Green Energy Auction 4 In Q4, Integrating Renewable Energy And Storage
The Department of Energy (DOE) of the Philippines is set to conduct another round of the Green Energy Auction (GEA) in the fourth quarter of this year, known as GEA-4. This auction aims to include an Integrated Renewable Energy and Energy Storage System (IRESS). IRESS is an advanced energy solution that combines renewable energy technologies with energy storage systems (ESS). This integration involves pairing renewable energy sources with storage technologies such as batteries, flywheels, or pumped storage hydropower systems. By storing excess energy generated during peak production and using it when needed, IRESS reduces grid dependency, enhancing the stability and reliability of the energy system and ensuring a consistent and efficient power supply.
NIA Opens Bidding For Solar Irrigation Projects In Bohol, Philippines
The National Irrigation Administration (NIA) is inviting bids for the construction of two solar power-driven pump irrigation projects in Bohol province. The projects will be located in Villarcayo, Carmen, and Lico Lico, Sevilla. With a combined budget of approximately PHP 97 million, the winning bidder will be responsible for designing, supplying, installing, testing, and commissioning the solar irrigation systems. The projects aim to improve agricultural productivity and sustainability in the region by providing reliable and eco-friendly irrigation solutions. The last date to submit bids is August 6, 2024.
WHA Utilities And Power Secures THB 2.5 Billion In Debenture Issuance, Including THB 800 Million In Green Bonds
WHA Utilities and Power Public Company Limited (WHAUP) has announced the successful issuance of debentures totaling THB 2,500 million, including THB 800 million in green bonds. The offering, which took place from July 9 to July 11, 2024, was significantly oversubscribed, highlighting strong confidence from institutional and high-net-worth investors in WHAUP’s business strategy and environmental commitment. The proceeds from the issuance, particularly the THB 800 million raised through the green bonds, will be allocated towards renewable energy projects. The remaining funds will be utilized to repay existing debt and for working capital purposes.
DPS Resources Bhd Enters Joint Venture To Develop 170-Acre Agro-Tourism And Renewable Energy Hub In Melaka
Main Market listed company DPS Resources Bhd has, through its wholly-owned subsidiary DPS Energy Sdn Bhd (DPSE), entered into a Joint Venture Agreement with Mutiara Mahajuta Sdn Bhd for the development of a 170-acre land in Mukim of Sungai Siput, Daerah Alor Gajah, State of Melaka. This significant collaboration will spearhead innovative projects in agro-tourism, crops, bio-farming, renewable energy, solar farms, and aquaponics. DPSE specializes in the construction and installation of solar farms, solar photovoltaic systems, AI data centers, battery energy storage systems, gas turbines and power plants, and other green energy and engineering work services, led by DPS Resources Berhad Executive Director, Mr Eugene Sow Chuan Sheng.
Sitio Danao-Danao Unveils Solar-Powered Potable Water System In Concepcion, Philippines
Sitio Danao-Danao in Barangay Polopiña, Concepcion, has officially inaugurated its new Solar-Powered Potable Water System, a landmark project funded by a World Bank grant through the Department of Agriculture-Philippine Rural Development Project. The project, valued at 12.8 million pesos, marks a significant milestone for the province, representing the first of its kind. The newly established system, which has a maximum capacity of 11,000 liters per day, employs advanced reverse osmosis technology to convert seawater into clean, potable water. This eco-friendly and sustainable solution addresses the pressing need for safe drinking water in the community while minimizing environmental impact.
SPCG Aims for Carbon Neutrality by 2030 and Partners with INNOPOWER to Trade Renewable Energy Certificates
Dr. Wandee Kunchorayakong Juljarern, Chairman and Chief Executive Officer of SPCG Public Company Limited (“SPCG”), has announced the company’s goal to achieve carbon neutrality by 2030. SPCG, a leading pioneer in solar power generation with solar farms and the first solar roof installations in Thailand and ASEAN has signed a significant agreement for trading Renewable Energy Certificates (RECs) with Mr. Athip Tantivorawong, Chief Executive Officer of Innopower Co., Ltd. INNOPOWER, a subsidiary of the Electricity Generating Authority of Thailand (EGAT), is recognized for its leadership in energy innovation. Dr. Wandee emphasized the importance of addressing greenhouse gas emissions and global warming, noting Thailand’s commitment through its participation in the Paris Agreement since September 21, 2016.
Universitas Indonesia’s TREC Develops National Standard For Renewable Energy Safety
Universitas Indonesia (UI), through its Tropical Renewable Energy Center (TREC), a research center under the Faculty of Engineering, has once again demonstrated its commitment to advancing renewable energy in Indonesia. TREC played a key role in drafting the Indonesian National Standard (SNI) 9233:2024, titled “Safety Requirements for Power Electronic Converter Systems and Equipment-Specific Requirements for US/US Boost Converters with a Rated Voltage of Not More than 330 V US for Household Electrical Appliances,” which was established by the National Standardization Agency (BSN). The development of SNI 9233:2024 involved the Technical Committee 29-01, consisting of experts from various stakeholders in the electricity sector.
PLN Indonesia Power Surpasses 2023 Targets With Record Electricity Production Of 84,572 GWh And Enhanced Capacity
PLN Indonesia Power, a subholding of PT PLN (Persero), has achieved a significant milestone in 2023, surpassing its electricity production and sales targets. The company reported a production of 84,572 Gigawatt hours (GWh), exceeding its target of 78,735 GWh for the year. Additionally, PLN Indonesia Power recorded electricity sales of 79,989 GWh, surpassing the target of 74,404 GWh. PLN President Director Darmawan Prasodjo praised the company’s performance, noting, “PLN Group continues to optimize our generation system through streamlined business processes. Our goal is to ensure that electricity supply remains reliable and affordable for all communities.”
Philippines Launches Energy Resiliency Scorecard To Enhance Sector’s Climate Resilience
The Department of Energy (DOE), in partnership with the Task Force on Energy Resiliency (TFER) and the United States Agency for International Development – Energy Secure Philippines (USAID-ESP), has introduced the Energy Resiliency Scorecard (ERS). This new initiative aims to fortify energy systems and enhance climate resilience by providing a standardized benchmark for evaluating energy resilience. The ERS is a self-assessment tool designed to evaluate the readiness of energy facilities to prepare for, withstand, and recover from both natural and human-induced disruptions. It measures resilience across seven critical pillars: infrastructure strengthening, systems, disaster risk financing and insurance, stockpiling, response, rehabilitation, and cyber resilience. The scorecard also offers benchmarking against local and international resilience standards, incorporating models such as the DOE’s Resiliency Compliance Plan (RCP).
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