AC Energy Corporation (ACEN) and AC Energy and Infrastructure Corporation (ACEIC) have finalized their property-for-share swap deal as part of ACEN’s move to consolidate its local and foreign energy platforms. In a...
The Philippine Electricity Market Corporation (PEMC), regulator of the Wholesale Electricity Spot Market (WESM), seeks the Energy Regulatory Commission’s (ERC) approval of additional spot market transaction fees to be charged to Renewable...
AC Energy (ACEN) announced that its 63-megawatt (MW) Gigasol Palauig solar farm in Zambales has begun operations and is seen to supply power to the Luzon Grid. The Ayala-led firm said the...
The Manila Electric Company (MERALCO) reported a 10.7% drop in its consolidated core net income to Php5.72 billion in the first quarter of 2021 from Php5.11 billion in the same period in...
Aboitiz Power Corporation has denied being involved in “economic sabotage” in the wake of the Department of Energy’s warning to generating companies on the possible filing of charges over prolonged power plant...
First Gen Corporation has been chosen by Megaworld Corporation to supply 6.17 megawatts (MW) of geothermal energy to its four buildings in Bonifacio Global City (BGC), Taguig City. Under the two-year deal,...
Aboitiz Power Corporation is ramping up efforts to improve the performance of its existing renewable energy (RE) facilities across the country, especially as it pursues a greater share of RE in its capacity...
(UPDATED) The Department of Energy (DOE) has approved the Notice to Proceed (NTP) application of Vires Energy Corporation (VEC) to develop its proposed integrated natural gas-fired power plant and liquefied natural gas...
Anti-competitive and even “economic sabotage” charges possibly await generating companies (gencos) whose power plants have had prolonged outages, especially during the peak demand period, according to the Department of Energy (DOE). During...
Aboitiz Power Corporation (AboitizPower) has once again tapped the power of data science and artificial intelligence (DSAI) in the use of its new energy trading platform for its power plants. The platform,...
