SPNEC raising Php10B via SRO
- February 15, 2022
Solar Philippines Nueva Ecija Corporation (SPNEC) is aiming to raise Php10 billion by way of a stock rights offering (SRO) to buy land for the development of ten gigawatts (GW) of solar...
Solar Philippines Nueva Ecija Corporation (SPNEC) is aiming to raise Php10 billion by way of a stock rights offering (SRO) to buy land for the development of ten gigawatts (GW) of solar...
Concerned Filipino-Americans have filed complaints against Chevron Corporation before the United States Securities and Exchange Commission (US SEC) over the sale of its interests in the Malampaya gas field to Dennis Uy’s...
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order to PEMC, WESM’s governing...
SPC Power Corporation and affiliate Intrepid Holdings, Inc. (IHI) have acquired German firm Steag GmbH’s 51% stake in STEAG State Power Inc. – the operator of the 210-megawatt (MW) Mindanao Coal-fired Power...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now fully operational after two months of repairs, testing, and recommissioning. “We are advising that the unit...
Climate and energy policy group Institute of Climate and Sustainable Cities (ICSC) is projecting a “very tight power supply” situation in the Luzon Grid during the second quarter of the year, particularly...
The country’s coconut industry is rallying behind the government’s move to increase the coco biodiesel fuel content to five percent in the coconut methyl ester blend (CME) to help local farmers and...
In embracing a more sustainable approach in providing electricity to households, Aboitiz-led Davao Light & Power Co. (Davao Light) is looking to use amorphous steel for the core components of their distribution...
SN Aboitiz Power (SNAP)-Magat said it has signed power supply agreements (PSA) with the Ifugao Electric Cooperative (IFELCO) and the Cagayan II Electric Cooperative (CAGELCO II) to provide clean power in their...
SPC Power Corporation said it has appealed the Php4 million fine the Energy Regulatory Commission (ERC) imposed on the firm over the excessive outages of the Panay Diesel Power Plant (PDPP). In...