The Government has come up with a decision to award renewable energy (RE) projects under the Feed-in Tariff (FIT) scheme only to developers that can already start commercial operations of their facilities, officials said yesterday. "FIT allocation will be given to the first developers who can complete their projects. The completion means first to commence commercial operations of their RE projects," Department of Energy (DoE) Secretary Carlos Jericho L. Petilla said in a text message.
Read MoreThe government has decided that it will be survival of the fittest for those who will avail of “feed-in- tariff†for green or renewable energy projects. To ensure that those who benefit from the “feed-in- tariff†will last, the Department of Energy has decided to do away with stringent eligibility criteria.
Read MoreManila, Philippines-The Philippine government and the European Chamber of Commerce of the Philippines (ECCP) will presenting business opportunities in the country as well as progress in the proposed free trade agreement (FTA) with the European Union (EU) to visiting members of the European Parliament this week.
Read MoreA seven-member delegation from the European Parliament will be in the country until Feb. 15 and will be meeting with government officials and the European Chamber of Commerce and Industry (ECCP) and touring Mindanao.
Read MoreCebu City, Cebu - As the international export market remains volatile, exporters in Cebu are now banking on the strong potentials of the domestic market to help boost revenues.
Read MoreIt was the best of times, it was the worst of times. Charles Dickens put it perfectly in the famed opening line of "A Tale of Two Cities", since this is apropos to the current scenario involving the Philippines and the United States.
Read MoreEight German firms are willing to invest in biomass and biogas projects. Martial Beck, Vice President of the European Chamber of Commerce of the Philippines, said that the German firms are visiting the Philippines under the "Âœrenewables - Made in Germany" program of the German government to support the promotion of renewable technologies as a feasible alternative to conventional power generation in the country.
Read MoreManila, Philippines - Eight German technology firms have expressed interest in partnering with local companies for biomass and biogas projects in the country.
Read MoreManila, Philippines - Former US ambassador John Negroponte believes the United States must find “positive issues†to engage China despite controversies in their relationship.
Read MoreManila, Philippines - The US-Philippines Society, launched during President Aquino’s official visit to Washington last June, will hold its second board of directors meeting in Manila on Jan. 24. Directors from both the Philippines and the United States will participate in a dynamic program surrounding the board meeting, with events aimed at forging bonds with political and business leaders, fostering an informed discussion of strategic issues, and promoting business and investment opportunities.
Read MoreCongress resumes session today with legislators looking to approve at least two priority bills before they take a break anew next month for the midterm elections.
Read MoreForeign and local businessmen asked Congress to expedite the passage of business and economic reforms that are already in advanced stage of the legislative process.
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