A Singapore-based unit of a Japanese firm is investing in Aboitiz Power Corporation to expand its clean energy projects in the Philippines. AboitizPower’s parent firm Aboitiz Equity Ventures (AEV) said its board...
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour (kWh) on the back improved power supply....
AC Energy (ACEN) is looking to develop up to 500 hectares for solar farms in Mindanao, focusing first on Davao Del Sur. At a forum organized by the Davao City Chamber of...
Major players in the Philippine energy sector are in agreement in recognizing Mindanao’s huge potential to develop and even provide power to other parts of the country in a bid to achieve...
The Department of Energy (DOE) has endorsed to the Board of Investments (BOI) a Php2.5 billion investment by Century Peak Energy Corporation to bring in 20,000 electric vehicles into the country. Not...
Amid the Malampaya gas field’s dwindling resources, an official of the PNOC-Exploration Corporation (PNOC-EC) said three areas in Mindanao could take over in terms of providing the country its own supply of...
The Energy Regulatory Commission (ERC) has named at least eight power generation companies (gencos) facing penalties as their respective plants have gone over the maximum number of days of allowable forced outages...
The Energy Regulatory Commission (ERC), in its recent report to the House of Representatives, disclosed that it directed distribution utilities (DUs), both privately-owned and electric cooperatives, to refund their respective customers around...
AC Energy wants “stringent” and “reasonable” rules to be implemented in the government’s Green Energy Auction Program (GEAP), so it would attract serious bidders. Based on a BusinessMirror report, AC Energy President...
The Securities and Exchange Commission (SEC) and the shareholders of Synergy Grid & Development Philippines have approved an amendment to the firm’s articles of incorporation raising its authorized stock to Php5.3 billion...
