Axia Power Holdings Philippines, a subsidiary of Japanese firm Marubeni Corporation has sealed a deal with ACE Endevor, Inc., a subsidiary of AC Energy, to..
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings,..
The Department of Energy (DOE) has concluded assessing the damages caused by recent typhoons to power facilities in Bicol, particularly in Catanduanes, Albay, and Camarines..
The National Transmission Corporation (TransCo) seeks to raise the feed-in tariff allowance (FIT-All) for 2021. In its petition before the Energy Regulatory Commission (ERC), TransCo..
AC Energy concurs with the proposal of the National Renewable Energy Board (NREB) to adjust minimum level of electricity contracted from renewable energy (RE) developers. AC..
Ayala-led AC Energy issued US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bonds worth $300 million (Php14.3 billion) last November 27. The company said it would..
AC Energy may be putting up diesel power plants in Luzon with a combined capacity of 550 megawatts (MW) worth around Php27 billion. Based on..
Pilipinas Shell Petroleum Corporation has unveiled a new import facility in Subic, which aims to strengthen its supply chain in Northern and Central Luzon. The..
A month and a half after President Rodrigo Duterte lifted the moratorium on oil exploration in the West Philippine Sea (WPS), the Armed Forces of..
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic,..