The AC Energy Holdings Inc. has officially taken over the Bronzeoak Philippines Inc. to fasten the ramp up of its renewable energy portfolio to 1,000 megawatts (MW) by 2020. In a disclosure...
Phoenix Petroleum Philippines Inc. is set to spend P10 billion to ramp up its aggressive growth plans through the expansion of its retail network, including acquisitions in the next three years. The...
The Aboitiz Power Corp. is eyeing hydropower project ventures in Indonesia and Myanmar in expanding its business in Southeast Asia amid the oversupply situation in the Philippines. “[We’re looking at] large, impounding...
Solar Philippines has begun construction for the 150 megawatt (MW) solar farm with battery storage in Concepcion, Tarlac, its largest solar power project to date, its top official said yesterday. The plant...
Therma South Inc. (TSI) and Aboitiz Foundation Inc, has partnered with the Department of Trade and Industry (DTI) 11 for a comprehensive crafts livelihood project for the Matigsalug tribe in Marilog, Davao...
The province of Sulu is one of the areas eyed for a modular nuclear power plant as the Energy Department targets to complete a nuclear energy program before the year ends. “We...
Manila Electric Co. (Meralco) is set to launch its Advanced Metering Infrastructure (AMI) project this year as part of its effort to transform its distribution network into a smart grid. The power...
The National Grid Corporation of the Philippines (NGCP) is set to lead several major facility improvement programs this year in upgrading and strengthening the country’s power transmission network. “When we took over,...
Oil company Petron Corporation recorded a 73 percent rise in net profits in 2016 that were fueled by record high sales. Petron said that its net income went up to P10.8 billion...
The Senate has concurred the Paris Agreement on Climate Change. In a unanimous vote of 22 lawmakers, the Senate has approved President Rodrigo Duterte’s ratification of the Paris Agreement on Climate Change...
