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THE Department of Energy (DOE) will formally open on February 26 the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Four pre-Determined Areas (PDAs) shall be offered for investment, exploration, development and production of the Barmm’s indigenous resources, as mandated by the Intergovernmental…
Lopez-led Energy Development Corp. (EDC) and two other companies were declared by the Department of Energy (DOE) as winning bidders in the 4th Open and Competitive Selection Process (OCSP4) for geothermal and wind energy resources. The DOE offered 20 Pre-Determined Areas (PDA) for potential renewable energy (RE) development. Of which, 14 are hydropower, with a
TAGUIG CITY, Jan 7 -- The Department of Energy (DOE), through the Renewable Energy Management Bureau (REMB), conducted last Tuesday (5 January) the Launching and Pre-Submission Conference to kick-off the start of the 3rd Open and Competitive Selection Process (OCSP3) that will further accelerate the development of renewable energy (RE) in the country. Under the OCSP3, a total of 22 Pre-Determined Areas (PDAs) covering potential geothermal and hydropower resources have been identified and were presented to the various stakeholders during the launching to the various stakeholders. These PDA...