Liquefied natural gas (LNG) could become the country’s major energy source in the country especially for ‘stranded’ markets that are inaccessible or too small to be served by the current power supply,
The Energy Development Corporation (EDC) and First Gen Energy Solutions Inc. (FGES) signed an agreement to provide Gaisano Capital with low carbon and environment-friendly energy projects. The firms signed a Power Purchase
The Lucio Tan Group is looking into entering a partnership with Alternergy Philippines Holdings Corp. through a stake in an 80-megawatt (MW) wind farm project to expand their renewable energy portfolio. In a
Bronzeoak Philippines is expecting a new 100-megawatt (MW) wind power project to rise in Negros Occidental and Negros Oriental. Chairman Jose Ma. Zabaleta said the firm invested P13.5 billion for the project,
Despite the 110 day delay, Hedcor’s run-of-river hydro project in Manolo Fortich, Bukidnon is already 50% complete, the Aboitiz Power subsidiary said. The construction of the P13 billion twin hydroelectric projects of
The 405-megawatt (MW) coal-fired power plant in Mindanao will begin its operations after a series of reliability tests, FDC Misamis Power Corp. said. The multi-billion peso investment utilizes clean coal technology through
The Norweigian central bank excluded 52 companies, including Aboitiz Power Corp. from the Government Pension Fund Global (GPFG) because of the Philippine-based firm’s business activities involving coal-fired power plants. The Norges Bank released
Phoenix Petroleum Philippines Inc. is keeping up with its buyback program of P250 million worth of common shares to increase the company’s stock price. The company’s board approved on May 11 a
Aboitiz Renewables Inc. has fully acquired the 8.8-megawatt (MW) biomass energy plant of Aseagas Corp. for P605 million, marking the company’s first venture into biomass technology. In a disclosure to the stock
AC Energy Holdings, Inc. of the Ayala Corp. and its partners have attained additional funding for the construction of the fourth unit of its Kauswagan plant, aimed at supporting the economic development
