The independent market operator (IMO) will finally begin operating the wholesale electricity spot market (WESM) by mid-2018, Energy secretary Alfonso Cusi said. “By June 2018,..
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AC Energy sees consistent bottom-line growth in the medium term following contributions from wind farms, geothermal acquisitions, and new power projects. “Last year, we’ve had..
The Pilipinas Shell Corp. has teamed up with Globe Telecom to establish cell sites in its retail network. Shell has inked a partnership agreement with..
Oil conglomerate Petron Corp. has set an offer up to $401,957,000 in tender notes to repay its outstanding securities of $750 million listed in..
Mining company Oriental Peninsula Resources Group. Inc is set to energy the power generation business through target investments in renewable energy. Oriental Peninsula disclosed that..
Ayala Corp’s AC Energy will split into two wholly-owned subsidiaries for renewable energy and thermal energy to be more flexible in expanding project portfolios. In..
Government agencies, including the Department of Energy (DOE) and the National Transmission Corporation (TransCo), are pushing for more investments in renewable energy (RE). This is..
With the Tax Reform for Acceleration and Inclusion (TRAIN) Law taking effect this year, electricity bills are seen to increase due higher coal excise tax..
Over 5,000 megawatts worth of contracts remains frozen on the table of the Energy Regulatory Commission (ERC) due to the lack of quorum. In a..
The National Grid Corp. of the Philippines (NGCP) sees enough reserves to cover another record high in peak demand this 2018 if not for any..
