Ayala-led ACEN is looking to complete the Php 17 billion worth of wind projects that are part of the Green Energy Auction Program (GEAP) by 2023 the soonest. Two of ACEN’s wind...
The Energy Regulatory Commission (ERC) has ordered power distributor giant Manila Electric Company (MERALCO) to refund another Php 21, 769, 496, 221 to its customers covering the period from July 2015 to...
The Atlantic, Gulf & Pacific (AG&P) International Holdings is looking to commission the country’s first liquefied natural gas (LNG) terminal in Batangas City this year, a top-ranking official said. AG&P Group chairman...
Ayala-led ACEN is set to issue Php30 billion in debt securities to help finance three of its renewable energy projects. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said it...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has cut its financial obligations by Php 195.4 billion by the end of the Duterte Administration. In a statement, PSALM said that its...
Yuchengco-led PetroGreen Energy Corporation (PGEC) has secured approvals from the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) for its two new solar power projects in Pangasinan...
Villar-led PAVI Green Renewable Energy Inc. has secured a 20-year power supply agreement (PSA) for its 40.4-megawatt solar farm in Naga, Bicol Region. PAVI Green is among the winning bidders in the...
Senator Aquilino “Koko” Pimentel III has refiled a bill seeking the suspension of value-added tax (VAT) and excise tax on fuel if the Dubai crude oil benchmark exceeds $80 per barrel amid...
Bohol will soon have a backup source of power should it be disconnected from the grid after signing a 10-year power supply deal with the Energy Development Corporation (EDC). The power supply...
Nickel Asia Corporation (NAC), through its renewable energy subsidiary Emerging Power Inc., has signed an agreement with Shell Overseas Investments B.V to develop and operate renewable energy projects in the country. The...
