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Ayala-led ACEN is adding 837 megawatts (MW) in renewable energy (RE) capacity in Vietnam by acquiring a 49% stake in Solar NT, which is currently constructing nine solar plants in the Southeast...
The commercial operations of the Wholesale Electricity Spot Market (WESM) in Mindanao has been postponed once again to coincide with the completion of the Mindanao-Visayas Interconnection Project (MVIP). In a report by...
The Department of Energy (DOE) announced that it is looking for challengers for several coal blocks in Mindanao under the Philippine Conventional Energy Contracting Program (PCECP). The DOE recently published an invitation...
The Energy Regulatory Commission (ERC) has imposed a Php4.31 million fine on Sem-Calaca Power Corporation (SCPC) after both of its generators exceeded the maximum allowable unplanned outages last year. SCPC, a subsidiary...
Cebu-based Vivant Corporation has named its new President and new CEO. In a disclosure to the Philippine Stock Exchange on Friday, the company has appointed Emil Andre Garcia as its new President...
Ayala-led ACEN, with its partner UPC Solar Asia Pacific, has begun its construction of the 420-megawatt peak (MWp) solar farm in India. Located in the state of Madhya Pradesh, the Masaya Solar...
A subsidiary of SMC Global Power Holdings (SMCGP), the power arm of San Miguel Corporation (SMC), has asked the Energy Regulatory Commission (ERC) to amend public offering requirements for power generation companies...
Citicore Energy REIT Corporation (CREIT) has cut its initial public offering (IPO) price to P2.55 per share from a maximum of Php3.15. CREIT said that the reduced price, which comes with an...
Ayala-led ACEN has sold its previously-held Power Barge (PB) 101 to MORE Power Barge, Inc. (MPBI) of business tycoon Enrique Razon for Php126 million. In a disclosure to the Philippine Stock Exchange...
The National Grid Corporation of the Philippines (NGCP) said it needs 1,776.7 megawatts (MW) worth of firm contracts to cover the grid’s reserve requirements, though it considers itself adequately covered if non-firm...
