The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) application of Raslag Corporation, which will be listed under the symbol ASLAG on June 6. The Pampanga-based solar power producer...
A group supporting the promotion and development of electric vehicles (EVs) in the country has asked the Tariff Commission to limit the zero-tariff incentive to plug-in hybrid electric vehicles (PHEVs) and full...
Citicore Energy REIT Corporation’s (CREIT) net income for the first quarter of 2022 soared to Php300 million, over ten times the Php24 million posted in the same period last year. The jump...
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the...
Ayala-led ACEN announced that it has partnered with Jakarta-based Puri Usaha Group to develop large-scale solar power plants, battery energy storage systems, and green hydrogen projects in Indonesia. The joint venture (JV),...
The Manila Electric Company (MERALCO) has begun negotiations with Terra Solar Philippines for the supply of 850 megawatts (MW) of renewable energy (RE) supply after the second round of the competitive selection...
The government will be turning over the 1,200-megawatt Ilijan natural gas power plant in Batangas City to San Miguel Corporation’s (SMC) power arm SMC Global Power Holdings (SMCGP), the Department of Energy...
The country’s power situation is now on the line as reports of Udenna Corporation’s plans of selling its controlling stakes in the Malampaya gas-to-power projects have surfaced, Senator Sherwin Gatchalian said. “With...
Two of the six liquefied natural gas (LNG) projects may soon reach completion and operations, the Department of Energy (DOE) said. In a media briefing on Friday, DOE Oil Industry Management Bureau...
The Department of Energy (DOE) is in the process of preparing its comprehensive report for the incoming administration of presumptive president Ferdinand Marcos, Jr. The report is expected to be handed by...
