The Energy Development Corp. has secured a 15-year and 10-year fixed rare amortization loan with Security Bank Corp. for its refinancing program for its existing debts. In a disclosure to the...
The National Grid Corp. of the Philippines (NGCP) is backing the government’s national broadband program through the use of fiber optics network in the transmission grid. “NGCP fully supports the government’s...
After almost a year of rehabilitation, AboitizPower has restored and launched its six-megawatt Binary Plant at the Makiling-Banahaw Geothermal project in Batangas and Laguna. “It took us more than a year to...
First Gas Power Corporation has signed a $500 million seven-year loan facility with Bank of Commerce, Bank of the Philippine Islands, BDO Unibank Inc., Philippine National Bank, Security Bank Corporation and Sumimoto...
Department of Energy Secretary Alfonso Cusi has asked the Chinese government to assess and operate the Bataan Nuclear Power Plant (BNPP), which is considered a potential source of power for the country’s...
Manila Electric Co. (Meralco) concluded its business operations with a 6% gain, amounting up to P4.6B flat of core net income for the first quarter of 2017. This update is slightly higher...
Based on the executive firm’s latest data for March, the Department of Energy (DOE) will back seven renewable energies for grid impact studies that are expected to generate power adding up to...
The Philippines is now going through self-assessment to reach the goal of adding at least 20,000 megawatts (MW) of renewable energy (RE) capacities by 2040. This is through the Renewables Readiness Assessment...
The National Grid Corp. of the Philippines (NGCP) has restored the Binan-Muntinlupa Line 1 and 2 230kV transmission line, that collapsed last week, following a temporary relocation of its Alabang Tower. NGCP...
The AC Energy Holdings is set to expand its renewable energy (RE) portfolio as it’s looking to upgrade one of its wind farms by 69 megawatts. North Luzon Renewables Energy Corp. (NLREC)...
