The Sarangani Energy Corp. (SEC) of the Alsons Power Group has been given a certificate of compliance (COC) for its $2-billion environmental project. SEC said they were issued a COC for the...
A Japanese solar energy systems firm is seeing the Philippines’ demand for solar power rising in an attempt to cut down energy costs. For Sustena Inc.’s general manager, Masayuki Aoki, the country’s...
Investment prospects in the country’s energy sector are full of promises and ‘potential energy,’ Department of Energy secretary Alfonso Cusi said during the EU-Philippines Business Summit 2016. In his keynote speech, Cusi...
Government officials yesterday said adhering to the Malampaya project in Palawan will benefit the upstream oil and gas industry as it will maintain the “predictability, certainty and consistency of investment rules in...
Aboitiz Power Company subsidiary Therma Power Inc. was the favored bidder for the Blackstone Group-affiliated investment fund stakes in the 2 gigawatt (GW) coal-fired power plants in Bataan and has finalized its...
The Manila Electric Co. (MERALCO) has inked 100 megawatts (MW) of solar power to diversify their power supply and bring down electricity rates in their areas. The company has signed contracts for...
AboitizPower Corporation has expressed interest in acquiring Sithe Global’s stake in GN Power’s 600-megawatt (MW) power plant in Mariveles, Bataan. “As a player in the power industry, we feel it’s incumbent on...
Pilipinas Shell Petroleum Corp. and its awaited P29.7 Billion initial public offering now has its go-signal from the Securities and Exchange Commission (SEC). The SEC approved the biggest market debut at the...
First Gen Corporation announced that the 97 megawatts (MW) of power generated by its Avion natural gas-fired power plant can now be offered and traded on the Wholesale Electricity Spot Market (WESM). Electricity from...
The National Electrification Administration (NEA) has developed a credit guarantee program and facility for electric cooperatives (ECs) and has lent a total of P1.403 billion by the end of August 2016. “This...
