Fort Pilar Energy Inc., a firm owned by the family of businessman-politician Michael “Mikee” Romero, is looking to develop up to 3,000 megawatts (MW) of power projects in its portfolio in the...
An official from the Department of Energy’s (DOE) Visayas Field Office said having an equal distribution of power plants across the country, particularly by having more facilities in the Visayas, would help...
Enrique Razon-led Prime Infrastructure Holdings, Inc. (Prime Infra) announced global container shipping firm Maersk’s investment in its waste-to-energy (WTE) project in the country. Maersk particularly partnered with California-based WasteFuel Global, in which...
Fort Pilar Energy’s 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) in Pililla, Rizal and UPC Renewables’ 500MW Dalupiri Island Wind Power Project in Calayan, Cagayan are among the latest power ventures that...
The Department of Energy (DOE) is about to finalize the increase in the Renewable Portfolio Standards (RPS), or the minimum level of electricity contracted from renewable energy (RE) developers to 2.52% from...
After successfully purchasing the 650-megawatt (MW) Malaya Thermal Power Plant, Fort Pilar Energy recently added a solar power company to its portfolio. Fort Pilar Energy, owned by the family of businessman and...
SMC Global Power Holdings Corporation (SMCGP), San Miguel Corporation’s (SMC) power arm, is aiming to raise at least $100 million (around Php5 billion) by offering additional Senior Perpetual Capital Securities primarily to...
Government-owned Philippine National Oil Company (PNOC) has appointed its SVP for Energy Business Graciela Barleta as its Officer-In-Chief (OIC) President and CEO. Barleta takes over from PNOC President and CEO Reuben Lista,...
AC Energy (ACEN) said that it has raised a total of $967.6 million (around Php48.7 billion) in fresh capital in the first nine months of the year. This comes as the Ayalas’...
Climate and health groups have criticized the Department of Energy’s (DOE) recently-released waste-to-energy (WTE) draft circular, calling the agency’s classification of biomass energy as a form of renewable energy (RE) as “fallacious.”...
