Coal generation growth in the country is set to slow down in the coming years in the wake of the government’s moratorium on the building of new coal power plants. Global market...
Senators Sherwin Gatchalian and Risa Hontiveros were “puzzled” with the Department of Energy’s (DOE) and the Energy Regulatory Commission’s (ERC) seeming lack of preparedness to discuss a Senate measure seeking to lay...
Dennis Uy-led Phoenix Petroleum has gone on a “capital light” expansion while implementing a comprehensive financial management program, as it aims to recover from the effects of the COVID-19 pandemic on its business....
MERALCO Powergen Corporation (MGen), through its renewable energy (RE) arm MGen Renewable Energy, Inc. (MGreen), has acquired an additional 20% equity in Powersource First Bulacan Solar, Inc. (PFBSI), raising its total stake...
Pilipinas Shell Petroleum Corporation said it is awaiting the copy of the Court of Tax Appeals’ (CTA) recent ruling upholding its earlier granting of an excise tax refund to the company worth...
The Bureau of Customs (BOC) increased its revenue collection from petroleum products in November 2020 by 54.1% to P12.8 billion compared to Php8.33 billion in the same period last year due to...
SMC Global Power Holdings, Inc., the power generation arm of San Miguel Corporation, is expanding its Masinloc coal-fired power plant in Zambales by 630 megawatts (MW) worth around Php73 billion. Based on...
The Energy Regulatory Commission (ERC) has approved the new price determination methodology (PDM) for the Wholesale Electricity Spot Market (WESM), which will help expedite the spot market’s opening in Mindanao. “The new...
Aboitiz Power Corporation expects to complete the 1,336-megawatt GNPower Dinginin coal-fired power plant in Mariveles, Bataan by the second quarter of this year. AboitizPower President and CEO Emmanuel Rubio said that one...
Even as the COVID-19 pandemic affected the power sector, Aboitiz Power Corporation said it remains focused on more than doubling its capacity, which includes the expansion of its renewable energy (RE) portfolio....
