Aboitiz Power Corporation is finalizing the engineering, procurement, and construction (EPC) contract of its Cayanga-Bugallon solar power project in Pangasinan. Upon completion, the project —..
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BDO Unibank, the country’s largest universal bank, is open to funding renewable energy (RE) projects in the Philippines given the government’s drive to raise the..
The Philippine Dealing and Exchange Corporation (PDEX) has approved the listing Aboitiz Power Corporation’s fixed-rate retail bonds worth Php12 billion, including oversubscription. In a disclosure..
Ayala-led ACEN said it looks to add another 500 megawatts (MW) in attributable renewable energy (RE) capacity for a total of 3,000MW — or 60%..
The country’s drive towards decarbonization is seen as a “massive” investment opportunity with the huge volume of renewable energy (RE) capacity needed to gain significant..
While Ayala-led ACEN may be leading the charge towards attaining an all-renewable energy (RE) platform by 2025, it said thermal power assets, primarily gas and..
First Gen Corporation, through subsidiary Prime Meridian Powergen Corporation (PMPC), said it has been granted a Php2.8-billion three-year loan primarily to fund the general and..
The Department of Energy (DOE) said it stands firm on its approval of the sale of Chevron’s 45% stake in the Malampaya gas field to..
Surigao Del Sur Rep. Johnny Pimentel said two offshore gas drilling activities in the Recto Bank in the West Philippine Sea (WPS) must proceed as..
Basic Energy Corporation has recently named Oscar Reyes and Reynaldo Gamboa as chairmen of Basic Renewables, Inc. (BRI) and Mabini Energy Corporation (MEC), respectively. Reyes..