MGen Renewable Energy, Inc. (MGreen), the renewable energy investment arm of the Manila Electric Co. (MERALCO) has formed a joint venture with Vena Energy to construct its 68 megawatt-AC (MWac) solar project...
The Energy Regulatory Commission (ERC) said that it will assess the Php0.30 per kilowatt-hour (kWh) rate hike plea of the SMC Global Power Holdings Corporation (SMCGP) for its power supply agreements (PSAs). ...
The National Electrification Administration (NEA) has directed electric cooperatives that currently source power from diesel or bunker-fired power plants to tap into more renewable energy sources. In a report by BusinessWorld, NEA...
SMC Global Power Holdings Corporation (SMCGP), the power arm of San Miguel Corporation, expressed its intention to terminate two of its power supply agreements (PSAs) with the Manila Electric Co. (MERALCO). The...
The National Grid Corporation of the Philippines (NGCP) has sealed Php 20.02 billion worth of new contracts for the construction of its transmission projects for the first half of the year, holding...
For the fifth straight year, Aboitiz Power Corporation has maintained its spot in the FTSEGood Index Series amid its performance in corporate sustainability practices. FTSEGood Index Series, created by global index provider...
Prime Infastructure Capital Inc. is set to join the retail electricity suppliers (RES) industry through PrimeRES Corporation to cater to the power needs of contestable customers. In a Manila Bulletin report, Prime...
SMC Global Power Holdings Corp. (SMCGP), through its subsidiary South Premiere Power Corp. (SPPC), has purchased the remaining banked gas from the Philippine National Oil Co. (PNOC) for $1.2 billion (around Php...
ACEN Corp.’s subsidiary ACEN Australia has secured an AUD 100 million (around $69 US dollars) green loan from the DBS Bank of Australia to partially fund its renewable energy ventures in Australia. ...
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