Basic Energy Corporation will be allotting an initial budget of Php31 million for its 50-megawatt (MW) Mabini Wind Project in Batangas, which will begin construction..
Business
Articles
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) will be focusing its lending projects on at least 1,600 megawatts (MW) of renewable energy (RE) projects over the..
Consunji-led Semirara Mining and Power Corporation (SMPC) recorded a net income of Php16.2 billion in 2021, its highest in 41 years, with profits jumping nearly..
The Department of Energy (DOE) has signed a memorandum of understanding (MOU) with Germany-based MAN Energy Solutions SE (MAN ES) as part of the government’s..
SMC Global Light and Power Corporation and SunAsia Energy, Inc. have challenged Terra Solar’s unsolicited offer to supply 850 megawatts (MW) of mid-merit power to..
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market..
Fort Pilar Energy, Inc. (FPEI), owned by the family of businessman-politician Michael “Mikee” Romero, is looking to expand the capacity of its Digos Solar Plant..
Manny V. Pangilinan-led PXP Energy said it is drilling two appraisal wells in its Service Contract (SC) 72 exploration block in gas-rich Recto Bank in..
While the Philippines does not directly import crude oil from Russia and Ukraine, local pump prices can be affected by the ongoing conflict between the..
The board of Solar Philippines Nueva Ecija Corporation (SPNEC) has approved the asset-for-share swap with parent company Solar Philippines. In a disclosure to the Philippine..