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AC Energy (ACEN) and joint venture partner BIM Group announced on Monday the start of commercial operations of their 88-megawatt (MW) Ninh Thuan wind farm in Vietnam. Located in South Central Vietnam,...
Solar Philippines said that it is finalizing agreements with various power generation companies (gencos) to utilize a total of 10,000 hectares for their respective solar power projects. The sites, according to Solar...
The Department of Energy (DOE) may run into legal trouble if it continues to push through with approving Udenna Corporation’s purchase of the 45% share of Shell Philippines Exploration B.V. (SPEX) in...
Aboitiz Power Corporation said it has filed its application with the Securities and Exchange Commission (SEC) for the issuance of Php12 billion in fixed-rate retail bonds to partly finance its 74-megawatt Cayanga-Bugallon...
The Department of Energy (DOE) stressed it exercised due diligence and followed existing rules and regulations in the evaluation and approval of the $565-million transaction between Udenna Corporation’s UC Malampaya Philippines Pte....
Senate energy committee chairman Sherwin Gatchalian said the Department of Energy (DOE) “bent rules” instead of protecting the public to approve Udenna Corporation’s purchase of Chevron’s 45% stake in the Malampaya gas-to-power...
The launch date for the trading of electricity from ancillary services (AS) or reserve power would be moved to 2022, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which...
Seven firms are vying to bag the Php462 million Operation and Maintenance Service Contract (OMSC) for the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHPP) in Pantabangan, Nueva Ecija. Familiar names among the...
A Singapore-based unit of a Japanese firm is investing in Aboitiz Power Corporation to expand its clean energy projects in the Philippines. AboitizPower’s parent firm Aboitiz Equity Ventures (AEV) said its board...
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour (kWh) on the back improved power supply....
