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BDO Unibank Inc. has pledged to cut its coal exposure by as much as 50% in the next decade as it shifts to funding renewable energy projects. BDO senior vice president and...
Senator Sherwin Gatchalian is looking for ways on how the Senate Committee on Ways and Means Committee, which he chairs, could further push for energy development in the country. “I share the...
The National Grid Corporation of the Philippines (NGCP) has proposed over Php 66 billion budget in capital expenditure (CAPEX) for its 19-year operation and maintenance (O&M) program to help increase the reliability...
Ayala-led ACEN Corporation and Citicore Renewable Energy Corporation (CREC) is set to expand its 72-megawatt (MW) Arayat-Mexico solar farm by another 44 MW, following last month’s commercial operation. The second phase of...
MGen Renewable Energy, Inc. (MGreen), the renewable energy investment arm of the Manila Electric Co. (MERALCO) has formed a joint venture with Vena Energy to construct its 68 megawatt-AC (MWac) solar project...
SMC Global Power Holdings Corporation (SMCGP), the power arm of San Miguel Corporation, expressed its intention to terminate two of its power supply agreements (PSAs) with the Manila Electric Co. (MERALCO). The...
The National Grid Corporation of the Philippines (NGCP) has sealed Php 20.02 billion worth of new contracts for the construction of its transmission projects for the first half of the year, holding...
For the fifth straight year, Aboitiz Power Corporation has maintained its spot in the FTSEGood Index Series amid its performance in corporate sustainability practices. FTSEGood Index Series, created by global index provider...
Prime Infastructure Capital Inc. is set to join the retail electricity suppliers (RES) industry through PrimeRES Corporation to cater to the power needs of contestable customers. In a Manila Bulletin report, Prime...
SMC Global Power Holdings Corp. (SMCGP), through its subsidiary South Premiere Power Corp. (SPPC), has purchased the remaining banked gas from the Philippine National Oil Co. (PNOC) for $1.2 billion (around Php...
