Phoenix Petroleum Philippines has raised P807 million from its sale of treasury shares to reduce its existing debt. The company disclosed that it sold 70,193,400 treasury sales at P11.50 per share, “The...
Opportunities and challenges of the solar and energy storage development in the ASEAN market will be the center of discussion at the 2nd Annual ASEAN Solar + Energy Storage Congress & EXPO...
The National Grid Corp. of the Philippines (NGCP) energized its Santiago – Tuguegarao 230-kilovolt (kV) Transmission Line 2 to strengthen the North Luzon transmission corridor from typhoons. The transmission line runs 118...
The government is waiting for the country’s natural gas policy before it could rebid the 650-megawatt (MW) Malaya Thermal Power Plant (TPP) in Rizal, an Energy Department official said. DOE undersecretary Felix...
Basic Energy Corp. is set to participate in four renewable energy projects across Asia in line with its plans to expand its portfolio locally and internationally. In a disclosure to the Philippine...
A consumer group is calling on the Energy Regulatory Commission (ERC) to revert the feed-in-tariff (FIT) allowance of the National Transmission Corporation (Transco) for 2016 from Php. 0.1830 per kilowatt hour (kWh)...
MRC Allied Inc. is in talks with XRC Mall Developer Inc. to put up solar rooftops installations in its community malls. MRC disclosed on Thursday that its board cleared them to pursue...
A Brown Company Inc. (ABCI) is entering the renewable energy industry through 120 megawatts (MW) worth of hydropower projects under development. Several hydropower projects are currently in development stages, ABCI president, and...
Peakpower Energy Inc (PEI) is looking to develop 60 to 70 megawatts (MW) worth of peaking plants in the country next year. This is according to PEI president and CEO Roel Castro....
Petron Corporation is looking to refinance it’s $750 million securities on the stock exchange of Hong Kong Limited. The company disclosed on Wednesday that its executive committee cleared the company to seek...
