The Department of Energy (DOE) has endorsed 128 projects to the National Grid Corporation of the Philippines (NGCP) for system impact studies (SIS), with a total capacity of 32,000 megawatts (MW). Out...
Lopez-led First Gen Corporation has secured a Php 20 billion term loan agreement with local banks, BDO Unibank, Inc. (BDO), and Bank of the Philippine Islands (BPI) for acquiring the 165-megawatt (MW)...
In support of the country’s commitment to reaching the renewable energy target by 2030, Sungrow, a global leader in inverter and energy storage solutions, introduced ed PowerTitan 2.0, its newest innovation in...
Yuchengco-led PetroEnergy Resources Corporation (PERC) reports a 29% increase in their consolidated net income, reaching P874 million by the end of September this year versus P677 million recorded in the same period...
The Manila Electric Company (MERALCO) echoed its commitment to follow the regulations set by the Energy Regulatory Commission (ERC). In response to the recent statements made by ACT-Teachers Rep. France Castro and...
The Department of Energy (DOE) has recently issued draft circular guidelines outlining audit, reportorial, and remittance obligations for various sectors, including upstream, renewable energy, small-scale coal mining, coal traders, power generating firms,...
With plans to increase investments, Marubeni remains optimistic about the Philippine market as Kazuaki Shibuya, General Manager of the Environmental Infrastructure Department at Marubeni, affirmed the company’s commitment to the Philippine economy,...
The Philippine Energy Efficiency Alliance, Inc. (PE2) projects that up to P1.7 trillion worth of energy efficiency investments will be self-financed or carried by the balance sheets of commercial and industrial establishments...
Two legislators supported a proposition to divide the franchise of the Manila Electric Company (MERALCO) into three parts. The Manila Times reported that Representative Ma. Rene Ann Lourdes Matibag from the 1st...
Ayala-led ACEN Corporation experienced a 59% surge in profitability nine months into the year, to P6.6 billion, after the equity sell-off in Salak and Darajat geothermal assets in Indonesia. In a report...
