DOE green auction to be delayed?
- June 21, 2021
The Department of Energy (DOE) may delay the first round of its green energy auction program (GEAP), as it continues to collect data, noting that any new findings may have an impact...
The Department of Energy (DOE) may delay the first round of its green energy auction program (GEAP), as it continues to collect data, noting that any new findings may have an impact...
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila...
Cebu-based Vivant Energy Corporation will be investing around Php5 billion for expansion projects to be finalized until 2023, targeting both renewable energy (RE) and conventional power technologies. Vivant President Arlo Sarmiento noted...
The Department of Energy (DOE) has admitted that the Luzon Grid does not have the enough capacity to meet the peak electricity demand, especially with the recurring dilemma of forced power plant...
The Department of Energy (DOE) has warned of the possible reimposition of Red and Yellow Alerts in the Luzon Grid, and thus rotating brownouts, until July. At the Senate Committee on Energy’s...
Negros Island Biomass Holdings (NIBH), a joint venture between AC Energy and the Zabaleta group, has signed binding agreements to divest its shareholdings in three biomass-fired power plants in Negros Occidental. NIBH...
Sen. Risa Hontiveros urged the Energy Regulatory Commission (ERC) to investigate the Manila Electric Company’s (MERALCO) power rate hike for June, saying it “defies logic” even under the regime of deregulation. Hontiveros...
Energy Development Corporation (EDC) said it intends to use the Php15 billion in proceeds from the ASEAN green bonds issuance for the expansion of its power plants, primarily geothermal. The first tranche...
An additional seven power projects, five of which are powered by AC Energy (ACEN), have been endorsed by the Department of Energy (DOE) to the National Grid Corporation of the Philippines for...
Ayala-led AC Energy (ACEN) is investing Php415 million in one of its subsidiaries to acquire potential project sites, otherwise known as landbanking. In a disclosure to the Philippine Stock Exchange on Wednesday,...