Three participants in the Manila Electric Company’s (MERALCO) upcoming competitive selection process have raised their bids. As a result, the total offered capacity now stands at 7,000 megawatts (MW), said MERALCO utility economics...
First Gen Corporation, through its subsidiary FGEN LNG Corporation, is making progress towards the construction of its offshore liquefied natural gas (LNG) terminal project in Batangas. The project has finished its planning phase...
Lopez Holdings will continue to be listed in the Philippine Stock Exchange (PSE) after withdrawing its earlier petition for a voluntary delisting. In a disclosure to the PSE, Lopez Holdings — which...
First Gen Hydro Power Corporation (FGHPC), a subsidiary of Lopez-owned First Gen Corporation, is investing Php6 billion to build the the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ecija. In its report to the...
The Department of Energy (DOE) has given the green light to six renewable energy (RE) suppliers, led by Lopez and Aboitiz-run firms, to offer cleaner energy options to consumers. Those given permits...
Pilipinas Shell Petroleum Corporation (PSPC) has begun operating its solar farm in its former oil refinery in Tabangao, Batangas City and is now supplying power to the complex, which has been converted...
The Philippine Competition Commission (PCC) has cleared the entry of a Norwegian green energy firm into the Philippine market. The antitrust regulator approved last week the acquisition by Scatec Solar ASA of 100%...
Pilipinas Shell Petroleum Corporation (PSPC) eyes to open 50 to 70 new service stations this year, it said in a disclosure to the Philippine Stock Exchange (PSE). “SHLPH has been taking steps...
The government, through the Power Sector Assets and Liabilities Management Corporation (PSALM), looks to privatize its hydroelectric power plants (HEPPs) under Independent Power Producer (IPP) contracts this year, with a study by the...
The National Grid Corporation of the Philippines (NGCP) reported that it encountered difficulties in restoring a transmission tower of the Balo-i-Aurora 138-kilovolt (kV) line in Tangcal, Lanao Del Norte, which resulted in...
