Malampaya gas consortium announced that they plan to invest $1 Billion in the existing Malampaya gas field (off the coast of Palawan) in order to raise its production output by another 300MW from its existing 2,700 MW output.

The 1st phase will consist of steps to improve the reliability of the Malampaya platform as well as putting up new facilities for the intended natural gas extraction increase. The consortium is already negotiating supply purchase agreements with possible buyers of the additional 300 MW of natural gas.
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International Finance Corp representative, Jesse Ang, said that a delay in the release of the Feed-in Tariff Rules for Renewable Energy Developers could result in loss of investors for the Philippines.

According to him, the FIT rules should have been released already by the National Renewable Energy Board by June of last year. The delay in this decision could result in investors leaving for lack of the FIT.
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Pepsi Cola Products Philippines Inc announced that it is developing a 1.2MW biomass-fired power plant in its facility in Rosario, La Union together with Solutions for Renewable Energy Inc. (SURE). The project is estimated to cost around $2.7 Million to develop and will use rice hull, wood chips, and other biomass materials for its feedstock.

In line with this, they announced that they are planning to tie up with other Renewable Energy Developers to build over 11-15 MW of power plants to support its other bottling facilities around the country. These sites will be in La Union, Pampanga, Muntinlupa, Naga, Cebu, Bacolod, Leyte, Iloilo, Zamboanga, Davao, and Cagayan de Oro.
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H&WB Corp announced that they were planning to build power plants that could supply 3000MW of power to the national grid by 2018. The energy according to them will be sourced from hydropower and underwater current which means that it will be hydro electric based.

The scheduled power build up is 1000 MW by the 1st quarter of 2012 till 2015. Another 500MW by 2017 with the remaining 1500 MW balance by 2018. This however will still be dictated by the power requirements of the country come 2015.
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Green Future Innovations, Inc. announced a plan to put up a 54 million liter ethanol plant in San Mariano, Isabela that will cost $120 million dollars. The bioethanol production plant will use sugarcane as feedstock that will be sourced from a nearby 11,000 ha sugarcane plantation.

Green Future Innovations is a venture between Japanese companies; Itochu Corp., JGC Corp. Also with them are Philippine Bioethanol and Energy Investments Corp., and GCO, a holding company from Taiwan.
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The recently formed Wind Energy Development Association of the Philippines (WEDAP) announced that together with the National Grid Corp. of the Philippines (NGCP) they would plan to establish transmission facilities in Northern Luzon with a capacity of 600 MW to supply the grid with wind power based energy.
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