Ayala-led ACEN Corporation experienced a 59% surge in profitability nine months into the year, to P6.6 billion, after the equity sell-off in Salak and Darajat geothermal assets in Indonesia. In a report...
The progress of the Mindanao-Visayas Interconnection Project (MVIP) ceased as the Supreme Court issued a temporary restraining order (TRO) on one part of the infrastructure development. Apart from the MVIP, a TRO...
Through its Energy Secure Philippines (ESP) Project, the United States Agency for International Development (USAID) and Ocentera Energy Corp. have joined forces to provide solar-powered indigenous-style boats to address the transportation needs...
The Manila Electric Company (Meralco) announced today an increase of Php 0.2347 per kilowatt-hour (kWh) in the November electricity rate, bringing the overall rate for a typical household to P12.0545 per kWh. ...
Amid its plans to privatize and sell remaining assets, the Power Sector Assets and Liabilities Management Corp. (PSALM) is gathering its prospective investors as it targets holding an investor forum to generate...
The National Grid Corporation of the Philippines (NGCP) has called out the Energy Regulatory Commission (ERC) following its decision to disallow some of its expenses, saying that it’s an “unfair” move from...
MGen Renewable Energy Inc. (MGreen), the renewable energy development arm of MERALCO Powergen Corp. (MGen), looks to complete the acquisition of a controlling stake in SP New Energy Corp. (SPNEC) worth Php...
The Government Service Insurance System (GSIS) has invested in Alternergy Holdings Corp., a publicly listed pioneer in renewable power known for its profitability and commitment to clean energy. In a report by...
The National Economic and Development Authority (NEDA) believes that power plants that are due within this year up until 2024 could soften the blow of the Israel-Hamas war on the local energy...
The Manila Electric Company (Meralco) is set to seal a nuclear cooperation pact with US-based firm NuScale Power Corporation with its targeted installation of a micro modular reactor (MMR) demonstration project in...
