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Semirara Mining and Power Corporation’s (SMPC) Molave mine expansion is “technically sound,” the Department of Environment and Natural Resources (DENR) said in its audit. In a disclosure submitted to the stock exchange...
Manila Electric Co. (Meralco) said it will maintain its P19-billion income guidance for the year despite a slower second half due to the absence of warmer temperatures. “[The second half] will not...
A grid impact study on Global Luzon Energy Development Corporation’s 670-megawatt coal-fired power project in Luna, La Union has been approved by the Department of Energy. The study on the two-unit 335...
Mitsubishi Hitachi Power Systems (MHPS) launched its third Global Service Center (GSC) for thermal power plants in the Philippines yesterday for its expansion in Southeast Asia and the Middle East. MHPS President...
Ayala Corp. is eyeing Indonesia and other countries for possible investment opportunities in the power sector in diversifying its business portfolio. “We are looking for acquisition opportunities in the power space to...
Despite the wind power potential in the region, Negros Occidental’s transmission problems still persist, a power company official said. Phinma Energy Corp. vice president Danillo Panes said that Negros Occidental has feasible...
Phinma Group’s Trans-Asia Renewable Energy Corp. (TAREC) is looking to add 40 megawatts (MW) of capacity for its Guimaras wind farm, a company official said. Company vice president Danilo Panes said the...
Phinma Energy Corp. is targeting to up its power generation capacity to 1, 000 megawatts (MW) for the next 10 years, doubling its current 500-MW capacity. Phinma Energy president Francisco Viray said even...
First Gen Corp.’s wholly-owned unit Prime Meridian Powergen Corp. (PMPC) yesterday received its certificate of compliance (COC) and will start operations of its 97-megawatt (MW) power plant. First Gen said its 97-MW...
Power and infrastructure projects comprised over 50 percent of investments to the Board of Investments (BoI) in the first seven months of the year, with P108.06 billion of the total P210.37 billion recorded. Last year’s...
