Aboitiz Renewables, Inc. (ARI), a wholly-owned subsidiary of Aboitiz Power Corporation, has acquired full ownership of La Filipina Electrika, Inc. (LFEI) from La Filipina Uy Gongco Corporation (LFUGC) and Therma Power, Inc....
The Department of Energy (DOE) has recently launched the Third Open and Competitive Selection Process (OCSP3) that will further accelerate the development of renewable energy (RE) in the country. Under the OCSP3, a...
Petron Corporation’s refinery in Limay, Bataan may have been given a shot in the arm with the announcement of its inclusion in the Freeport Area of Bataan (FAB) on Friday (January 8),...
The Manila Electric Company (MERALCO) has announced that it will be having a “slight upward adjustment” of power rates in its customers’ electric bills for January. MERALCO said that the overall rate...
AC Energy, the Ayala group’s power arm, has moved its stock rights offer (SRO) period two weeks earlier than previously scheduled, based on the company’s disclosure to the Philippine Stock Exchange. Under...
Customers of the Manila Electric Company (MERALCO) should anticipate an increase in their January bills. The power giant pointed to lower demand in the Luzon Grid for December as the reason for...
The National Grid Corporation of the Philippines (NGCP) is planning an initial public offering (IPO) worth up to $1 billion (around Php48 billion) more than seven years after its franchise law was...
The Philippines’ major power players have been pushing for renewable energy (RE), but coal will still dominate the country’s energy mix for years to come, according to a report by global market...
Coal generation growth in the country is set to slow down in the coming years in the wake of the government’s moratorium on the building of new coal power plants. Global market...
Senators Sherwin Gatchalian and Risa Hontiveros were “puzzled” with the Department of Energy’s (DOE) and the Energy Regulatory Commission’s (ERC) seeming lack of preparedness to discuss a Senate measure seeking to lay...
