Damage to electric cooperatives’ (ECs) facilities in areas hit by Typhoon Odette in Visayas and Mindanao currently stand at Php1.12 billion, according to the National Electrification Administration (NEA). At a news conference...
The Energy Regulatory Commission (ERC) has issued a directive to distribution utilities (DUs) and electric cooperatives (ECs) in provinces affected by Typhoon Odette to give leeway to consumers in paying their electric...
Pilipinas Shell Petroleum Corporation said it has secured a Php6 billion medium-term loan to mainly to repay its earlier short-term loan. In a disclosure to the Philippine Stock Exchange (PSE) on Monday,...
Fresh from its Php2.7 billion initial public offering (IPO), Solar Philippines Nueva Ecija Corporation (SPNEC) said it is preparing a planned expansion under a joint venture. SPNEC, the developer of the 500-megawatt...
Following the approval of JERA Asia Private Limited’s investment in Aboitiz Power Corporation, JERA Asia CEO Toshiro Kudama took his seat in the board of the country’s largest power generator. Kudama is...
Ayala-led ACEN and its subsidiary ACE Endevor, Inc. have acquired 60% of renewable energy (RE) firm Nature’s Renewable Energy Development Corporation (NAREDCO) for its 200-megawatt direct (MWdc) current solar power plant project...
Power in five electric cooperative (EC) franchise areas in Bohol, Dinagat Islands, and Surigao Del Norte — including Siargao Island — may not be restored in time for the new year, according...
The Department of Energy (DOE) has sent inspectors from its field offices to check on the reported surge in fuel prices despite an assurance that there is still enough supply available for...
Senate energy committee chairman Sherwin Gatchalian commended PNOC-Exploration Corporation (PNOC-EC) after revealing during last week’s hearing that it will withhold its consent on the sale of Shell Philippine Exploration B.V.’s (SPEX) stake...
Aboitiz Power Corporation, through subsidiary Cebu Private Power Corporation (CPPC), has switched on its oil-fired power plant in Cebu City to assist in immediately restoring power in its surrounding areas, particularly to...
