Ayala-led ACEN Corp. is looking to increase the capacity of its Pagudpud Wind project in Ilocos Norte to 135 megawatts (MW) by the end of the year. In a report by Business...
The Department of Energy (DOE) revealed that the Philippines still have unexplored potential gas fields that will help succor the energy requirements of the country. DOE Energy Resource Development and Oil Management...
Lopez-led First Gen Corporation intends to invest $20 billion (around P1.123 trillion) until 2030 to sustain its 20 percent market share in kilowatt-hour production and meet the increasing electricity demand of Filipinos....
Ayala-led ACEN Corporation intends to obtain Php 8 billion through new credit facilities to aid in its expansion endeavors. The energy firm, in its disclosure to the Philippine Stock Exchange, announced that...
National Power Corporation (NAPOCOR) is expediting its plan to transition its operations to renewable energy in off-grid areas of the country. The goal of Napocor, according to President and CEO Fernando Martin...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is expected to receive up to $526 million by the end of the year from Fresh River Lakes Corporation following the acquisition of...
Energy Undersecretary Rowena Cristina Guevara stressed the need for a detailed and coordinated approach in addressing the challenges the energy sector of the Philippines is currently facing. Guevara, the guest of honor...
PetroEnergy Resources Corporation (PERC) witnessed substantial growth in interest income for the first quarter of 2023 following short-term investments and an uptick in electricity sales from its renewable energy operating units. PERC...
Razon-led Prime Infrastructure Capital Inc. slammed former Philippine National Oil Co. (PNOC) president Eduardo Mañalac for questioning the 15-year extension of the Malampaya gas project contract. “While we celebrate the Malampaya contract...
Senate Committee on Energy chairman, Sen. Raffy Tulfo, has threatened to revoke the franchise of the National Grid Corporation of the Philippines (NGCP), following power interruptions in some parts of the country. ...
