WSP has the opportunity to contribute to economic development in Central Valley communities by creating over 400 clean energy jobs for both construction and operations under a union labor agreement governing the entire project. WSP is also poised to generate direct and indirect revenue such as local taxes, purchasing and ancillary spending.
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“Recently, we completed a new power purchase agreement with Silicon Valley Power which serves the City of Santa Clara. With the imminent completion of Aquamarine, we are in active discussions with numerous entities to supply the clean energy that is critical to meeting the short- and long-term goals for renewable energy – vital to improving communities,” noted Shemesh.
Published May 24, 2021, 12:47 PM
The Philippines is traversing its second wave of massive renewable energy (RE) developments; and providentially, local and foreign investors’ alike have their sights focused anew on this market.
Cover photo of the E-Book that shall guide Norwegian investors on investing in the energy sector of the Philippines that was prepared by Norconsult Mgt Services, Phils. Inc. for the Royal Norwegian Embassy in Manila.
The first investment rollouts in the 2014-2016 timeframe had been underpinned by the feed-in-tariff (FIT) perks, but as the country’s honeymoon with that incentive scheme had already been over, the next round of RE installations will have to lean mainly on other market sweeteners primarily the Renewable Portfolio Standards (RPS), net metering program, Green Energy Option Program (GEOP), as well as the envisioned trading of RE certificates via the Wholesale Electricity Spot Market (WESM).
BusinessWorld
May 17, 2021 | 9:04 am
Special Features Writer
The countryâs energy grid continues to shift away from traditional sources and further to renewable ones. This was highly noticed in the past months as concerns on individual health and environmental welfare heightened amid the coronavirus disease 2019 (COVID-19) pandemic.
Hearing the louder call to harness cleaner sources of energy, both public and private sectors have strengthened their commitments to energize the country through renewables.
On the governmentâs part, the Department of Energy (DoE), through Secretary Alfonso G. Cusi, reaffirmed its commitment last year to develop the countryâs renewable resources in fulfillment of the Renewable Energy Act of 2008.