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IPO Press Release

Investment Opportunities 2024

Press Releases DOE conducts first round of Competitive Selection Process for Microgrid Service Provider Press Releases DOE conducts first round of Competitive Selection Process for Microgrid Service Provider

November 7, 2023 The Department of Energy (DOE) recently released the Invitation to Bid for the conduct of a Competitive Selection Process (CSP) for Microgrid Service Provider (MGSP) for the electrification of initial ninety-eight (98) identified unserved and underserved areas of the country.

ERDB related press release

ERDB related press release

DOE conducts first round of Competitive Selection Process for Microgrid Service Provider Press

The initial 98 identified areas have a total of 15,645 households, or equivalent to around 39 percent of the total households in the unserved and underserved areas that may be viable for microgrid systems due to their number, household density, and demand in the said areas.

DOE mandates higher biodiesel blend beginning October 2024

Following the recommendations by the National Biofuels Board (NBB), the Department of Energy has released guidelines for adopting a higher biofuels blend. This move aims to decrease dependence on imported fuels, reduce greenhouse gas emissions, and bolster the local biodiesel and bioethanol sectors.

2023 Annual Report

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