Government-run Power Sector Assets and Liabilities Management (PSALM) Corporation received Php3.12 billion from Fort Pilar Energy subsidiary Belgrove Power Corporation for its purchase of the 650-megawatt Malaya Thermal Power Plant (MTPP) and...
AC Energy’s (ACEN) executive committee has approved its entry into a joint venture with solar plant developer ib vogt Singapore Pte. Ltd. for the building of new projects across the country. Based...
The government has identified ten sites in Palawan, Cagayan, Zamboanga, and Negros have been shortlisted down from the original 15 as potential locations for nuclear plants. Based on BusinessWorld report, the sites...
Lopez Group companies under First Philippine Holdings Corporation (FPH) is purchasing two electric buses from GET-Philippines, the local arm of US-based Global Electric Transport Worldwide, Inc. (GET). FPH said that its engineering and construction...
Power generation companies (gencos) may be welcoming the “Ber” months with some news from the Energy Regulatory Commission (ERC) regarding its investigation into their involvement in the Luzon Red Alerts from May...
Ayala-led AC Energy (ACEN) will be selling its three aging bunker fuel-based power barges, as part of the company’s plans to prioritize renewable energy (RE). In a disclosure to the Philippine Stock...
DMCI Power Corporation has allotted around Php3.5 billion to expand its generation capacity in the off-grid market, particularly in Palawan and Masbate. The company said around Php2.7 billion will be used to...
The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22. IEMOP, the operator of the Wholesale Electricity...
Batangas Clean Energy (BCE), a liquefied natural gas (LNG) joint venture between tobacco and alcohol magnate Lucio Tan and American investors, has failed to secure a permit to construct, expand, rehabilitate, and...
Pres. Rodrigo Duterte has fired National Electrification Administration (NEA) head Edgardo Masongsong over corruption allegations. The chief executive approved the recommendation of the Presidential Anti-Corruption Commission (PACC) to have Masongsong be removed...
