Synergy Grid and Development Philippines, the holding firm of the National Grid Corporation of the Philippines (NGCP), has lowered the offer price range for its follow-on-offering (FOO) to Php12-17 per share from...
Basic Energy Corporation’s board has approved the company’s plan to buy up to 60% of independent oil firm Filoil Energy Co. Inc. In a disclosure to the Philippine Stock Exchange (PSE) on...
A document released by the Department of Energy (DOE) shows that the Philippines’ plans for massive solar power installations may result in weaker food security. Based on the Philippine Energy Plan (PEP...
Sen. Sherwin Gatchalian once again sounded the alarm on Udenna Corporation’s purchases related to the Malampaya gas-to-power project, this time raising a “red flag” on the Dennis Uy-led firm’s financial capability to...
AC Energy (ACEN) and AMI Renewables, a Vietnam-based renewable energy (RE) platform, will be launching a pilot utility-scale battery energy storage system (BESS) in the Southeast Asian nation’s Khanh Hoa province. The...
Vice President Leni Robredo said she will not purse any oil exploration venture with China in the West Philippine Sea (WPS) should she win the presidency in next year’s elections. Speaking at...
South Korean firm Soosan ENS Co. Ltd. won the Operation and Maintenance Service Contract (OMSC) for the 165-megawatt (MW) Casecnan Hydroelectric Power Plant’s (CHPP) in Pantabangan, Nueva Ecija. Soosan ENS submitted the...
Lopez-led Energy Development Corporation (EDC) recently announced that it is providing renewable energy (RE) to Bounty Agro Ventures, Inc. and Cebu-based steel firm Chioson Development Corporation (CDC). Bounty markets known chicken brands,...
Citicore Power, Inc. is aiming to build a total of 1,500 megawatts (MW) in renewable energy (RE) projects in the next four years. Based on a Manila Bulletin report, the company is...
The Department of Energy (DOE) said that its much-awaited green energy auction program (GEAP) planned for this month may be delayed yet again, as the agency’s talks with participants regarding the program’s...
