THE DEPARTMENT of Energy (DoE) is seeking support to address the financial gap required for renewable energy (RE) development, an official said on Monday.

The Department of Energy sought the assistance of the Bangko Sentral ng Pilipinas and multilateral lenders for concession financing to support pumped storage hydro, geothermal and smart grid projects.

Northern Sun Radiance Inc. (NSRI), a unit of Aboitiz Power Corp., is seeking the Energy Regulatory Commission’s approval to build a dedicated power line to connect its 120.30-megawatt floating solar power project to the Luzon grid.

Consumers will experience lower rates this month by P0.2189 per kilowatt-hour due to lower generation charges, which translates to a decrease of around P44 in the total electricity bill of customers with an average consumption of 200 kWh.

The Energy Regulatory Commission (ERC) expressed misgivings over proposals to increase the number of commissioners to nine from five, saying this would make the agency “too bureaucratic.”

THE Department of Energy (DoE) is expecting around 6,841 megawatts (MW) of additional capacity this year from power projects due to start operations.

THE Energy Regulatory Commission (ERC) said it is proposing to make the installation of renewable energy certificate (REC) meters voluntary.

NORTHERN Sun Radiance, Inc. (NSRI), a unit of Aboitiz Power Corp. (AboitizPower), is requesting approval from the Energy Regulatory Commission (ERC) to construct a transmission facility that will connect its solar farm to the Luzon grid.

CLARK FREEPORT, Philippines — The Bases Conversion and Development Authority (BCDA) announced plans to use waste-to-energy (WTE) technology as a renewable energy source in the Clark Freeport and Special Economic Zone in line with avowed goals to foster “smart and sustainable development.”

MANILA, Philippines — Raslag Corp., the renewable energy arm of the Nepomuceno Group, is supplying clean power to Japanese-controlled Team Energy Corp. through its solar farm in Pampanga.