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Accelerating the development of new and reliable power plants in the country can help avoid generation deficiencies and high electricity spot market prices during tight supply conditions, the Manila Electric Co. (MERALCO)...
Ayala-led ACEN Corporation’s 720-megawatt (MW) New England solar farm, one of its first renewable projects in Australia, is on track for commercial operations next year. In a disclosure to the Philippine Stock...
The expected commercial operations of liquefied natural gas (LNG) projects may not happen this year, the Department of Energy (DOE) revealed. In a report by Business Mirror, DOE said that two LNG...
The Philippine National Oil Company – Renewables Corp. (PNOC-RC) is eyeing different renewable energy projects, including a waste-to-energy plant, by next year, company president and CEO John Arenas said. In a report...
The Energy Regulatory Commission (ERC) has issued a show cause order to the National Grid Corporation of the Philippines (NGCP) for “failure to comply with Department of Energy (DOE) Circulars on the...
The Aboitiz Power Corporation has acquired a 35.4% equity stake in STEAG State Power Inc. (SPI), a local subsidiary of German company STEAG CmbH, which runs a 210 megawatt (MW) coal-fired power...
Through the Philippine National Oil Co. Exploration Corporation (PNOC-EC), the government is looking to improve its oil and gas prospects as the Marcos Administration pushes to develop the country’s indigenous energy resources. ...
Installation of solar rooftop systems at home and in businesses can help alleviate the recurring power crisis in the country, the Philippine Solar and Storage Energy Alliance (PSSEA) said. In a statement,...
ACEN Corporation has secured a facility agreement with subsidiary ACEN Australia Pty. Ltd. and MUFG Bank Ltd. in Sydney for AUD 140 million green term loan facility. ACEN serves as the guarantor...
The Department of Energy (DOE) and Energy Regulatory Commission (ERC) will investigate the forced outages and deration of power plants and the tripping of transmission lines that caused the yellow and red...
