Biscuit manufacturer Monde M.Y. San Corporation has recently signed retail electricity supply contracts with Mabuhay Energy Corporation (MECO) for its production plant in Calamba City, Laguna. The deals are particularly for the...
Basic Energy Corporation has received approval from the Department of Energy (DOE) for its proposed 50-megawatt (MW) wind farm in Mabini, Batangas In a disclosure to the Philippine Stock Exchange, the company...
Two more firms are seeking to build their own liquefied natural gas (LNG) terminals in the country, according to the Department of Energy (DOE). Based on a BusinessWorld report, Energy Asec. Leonido Pulido...
Global credit rating firm Moody’s Investors Service has affirmed the Power Sector Assets and Liabilities Management Corporation’s (PSALM) credit profile with a “stable” outlook due to its “strategic importance to and strong...
Dennis Uy-led Phoenix Petroleum Philippines Inc. is looking to unload shares and divest their assets following the impact of the pandemic on oil demand. In a disclosure to the Philippine Stock Exchange...
Amid continued calls for eco-friendly energy solutions, the Department of Energy (DOE) has drafted a circular for the development and operation of electric vehicle charging stations (EVCS) across the country. “Private and...
With the Malampaya gas field’s reserves dwindling, the Department of Energy (DOE) is continuing to convince companies to invest liquefied natural gas (LNG) opportunities in the Philippines. Speaking at the 2nd LNG...
The Department of Energy (DOE) is currently looking for investors to provide electricity services to at least 69 areas considered as “remote, underserved, and unserved.” Targeted investors will only be given entry...
The Philippines and neighbor members of the Association of Southeast Asian Nations (ASEAN) stand to benefit from the Green Climate Fund’s (GCF) $300 million support to the Asian Development Bank’s (ADB) green recovery...
Apart from being a retail electricity supplier (RES), Mabuhay Energy Corporation (MECO) is also poised to enter the renewable energy (RE) scene with solar and hydroelectric ventures as part of its Php500 million...
