The Energy Regulatory Commission (ERC) has granted a provisional authority for Victorias Milling Company (VMC) to operate its 40-megawatt (MW) biomass co-generation power plant in..
Monthly Archives: March 2022
Former Energy Usec. Jose “Jay” Layug, Jr. joins Cebu-based Vivant Corporation as its new Independent Director. Based on Vivant’s disclosure to the Philippine Stock Exchange..
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure..
Cebu-based Vivant Corporation registered a total consolidated net income attributable to parent of Php1.78 billion in 2021, up 23% from Php1.44 billion in 2020. In..
The Ethanol Producers Association of the Philippines (EPAP) has opposed the proposed suspension of Republic Act 9367 or the Biofuels Act of 2006, which the..
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices..
The National Grid Corporation of the Philippines (NGCP) has tapped Japanese firm Furukawa Electric Co. Ltd., together with local contractor SL Development Construction Corporation (SLDCC),..
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the..
Citicore Renewable Energy Corporation (CREC), will be supplying renewable energy (RE) to a franchisee of Toyota Motor Philippines in Cebu – the RE company’s first..
While it is possible for the Philippines to run on 100% renewable energy (RE), the transition may take decades, and the help of other energy..
