Toyota Tsusho’s North American Region Group-Global Project Planning Development said that they were studying the feasibility of going into jatropha planting for biofuels with commercial farmer, Dole Philippines, that will comprise of 50~200 hectare lots in Davao City and General Santos in Mindanao. Dole will handle the agriculture part of the venture.
Read the rest of this entry »
Petroenergy Resources Corp disclosed to the Philippine Stock Exchange (PSE) that they would undertake a stock rights offering in order to finance their foray into the emerging renewable energy sector. The company is initially known to be as an oil exploration company with oil prospects in the Philippines and Gabon Africa. With their entry into renewable energy generation they plan to setup a subsidiary for this venture that will have a capitalization of P200 M.
Read the rest of this entry »
The government’s National Power Corp (Napocor) announced that Korea Electric Power Corp (Kepco) and a French firm expressed interest in building a 600 MW nuclear power plant for the Philippine government in Bataan. Kepco recently submitted their findings on the feasibility of rehabilitating the Bataan Nuclear Power Plant (BNPP) from its moth-balled state.
Read the rest of this entry »
Compressed Natural Gas operators have been up in arms lately because the Shell CNG station in Mamplasan has been unable to supply the CNG needed to run their buses since October of 2010. These bus operators have invested heavily in the purchase of the buses powered by Natural Gas in order to be part of the government’s Department of Energy Natural’s Gas Vehicle Program for Public Transport (NGVPPT).
Read the rest of this entry »
Early this month it was reported that the government’s Natl’ Power Corp (Napocor) was finally reviewing the proposal of Kepco for the rehabilitation of the controversial Bataan Nuclear Power Plant (BNPP). It was estimated to cost about $1 Billion to rehabilitate the moth-balled power plant and make it running again.
Read the rest of this entry »
Phil-Korean Renewable Energy Corp will start building next month a 30MW Biomass plant in Palawan Island that that will use waste wood chips from an 30,000 hectare Ipil-Ipil and Coconut plantation as feedstock. The project is estimated to cost $71.3 Million and will be finished in two years.
Read the rest of this entry »
