The Securities and Exchange Commission (SEC) and the shareholders of Synergy Grid & Development Philippines have approved an amendment to the firm’s articles of incorporation raising its authorized stock to Php5.3 billion...
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price or supply volatilities. This would be done...
Ayala-led AC Energy (ACEN) believes that the implementation of a reserve electricity market would invite more investors in ancillary services (AS) and battery energy storage systems (BESS) in the country. At a...
The government is delaying the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) to focus first on the sale of the Casecnan Multi-Purpose Project (CMPP). Based on a report from The...
EEI Energy Solutions Corporation, the retail electricity supplier (RES) arm of Yuchengco-led EEI Corporation, is providing power to a mall in Laguna and a cooperative in Batangas. The firm announced that it...
Aboitiz Power Corporation will be issuing Php12 billion in fixed-retail bonds to fund its renewable energy (RE) projects and for refinancing purposes, among others. In a disclosure to the Philippine Stock Exchange...
The timeline for the opening of Unit 1 of the GNPower Dinginin coal-fired power plant has been pushed back once again. Based on a BusinessWorld report, GNPower Dinginin Ltd. Co. (GNPD) Vice...
Aboitiz Power Corporation, the country’s largest power generation company (genco), said it will focus on putting up floating solar projects in the Magat, Ambuklao, and Binga reservoirs — all in Northern Luzon...
The proposed transformation of the National Power Corporation (NAPOCOR) complex in Diliman, Quezon City into a mixed-use commercial property will, among other things, require the extension of the Power Sector Assets and...
Telecommunications giant Philippine Long Distance Telephone Company (PLDT) announced this week that it will be adding electric vehicles (EVs) to its fleet. The EVs will initially be assigned to selected service personnel...
