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Metro Pacific Investments Corporation (MPIC) will acquire 1.6 billion common shares of SP New Energy Corporation (SPNEC) worth Php 2 billion. The purchase of secondary shares of SPNEC gives MPIC the option...
Citicore Renewable Energy Corp. (CREC) is expanding its AgroSolar initiative to its other solar farms in Luzon this year. First launched in its Citicore Solar Tarlac 2 project, CREC corporate affairs and...
Aboitiz Power Corporation, through its subsidiary Adventenergy Inc. (ADVENT), has signed a retail electricity supply agreement with Pampanga’s Best, Inc., one of the country’s leading producers of processed meat. Under the partnership,...
The Power Sector Assets and Liabilities Management Corp. (PSALM) has pre-qualified seven companies interested in bidding for the 165-megawatt (MW) Casecnan Hydroelectric Power Plant. In a report by Business Mirror, PSALM president...
ACEN Corporation, through its subsidiary ACEN Australia, has commenced the first stage of its New England Solar project, kickstarting the project’s six-year journey to generating renewable energy into Australia’s National Electricity Market...
The Manila Electric Co. (MERALCO) may soon seek help from the Department of Energy (DOE) in conducting a competitive selection process (CSP) for its contract capacity of 1,800 megawatts (MW). In a...
First Gen Corporation, through its subsidiary First Gen Hydro Power Corporation (FGHPC), has signed an agreement with the Department of Environment and Natural Resources (DENR) allowing the company to pursue the development...
Senate Ways and Means Committee chair Senator Sherwin Gatchalian has asked the government to allot Php 418 million in electricity supply subsidy for around four million Lifeline consumers to allow low-income households...
Ayala-led ACEN Corporation, through its joint-venture company UPC Power Solutions LLC, has acquired eight wind projects totaling 136 megawatts (MW) in Northern Texas in the United States. The acquisition stemmed from the...
Alternergy Holdings Corp. has set Php 20 billion in capital expenditures for the next three to five years to build up to 350 megawatts (MW) of green projects. In a report by...
