Petron Corporation is looking to refinance it’s $750 million securities on the stock exchange of Hong Kong Limited. The company disclosed on Wednesday that its executive committee cleared the company to seek...
A world-renowned expert on excitation will soon grace Manila. Electrical engineer Douglas Cope of the Excitation and Engineering Services Ltd will visit the Philippines next week for the 2nd Excitation and Control Systems...
The Philippine Electricity Market Corp (PEMC) is seeking regulatory clearance to jack up its market fees to raise additional funds to cover its operations. PEMC filed an application with the Energy Regulatory...
Energy secretary Alfonso isn’t keen on extending the feed-in-tariff (FIT) allocation for biomass and run-of-river projects. “The Philippines, as a developing country…it’s difficult for us to be giving subsidy or FIT. Especially...
The Department of Energy (DOE) has begun accepting proposals for coal operating contracts (COC) under the modified Philippine Energy Contracting Round (PECR) in developing the country’s indigenous coal resources. In a circular,...
AC Energy Holdings Inc. is looking to finish its 75-megawatt (MW) wind project in Indonesia by next year. The Ayala-owned company said that Indonesia’s first utility-scale wind farm is at already 70...
The National Transmission Corporation (Transco) is urging the Energy Regulatory Commission (ERC) to act on its petitions as it still has over P7-billion worth of backlog in payments to renewable energy developers...
Listed oil company Petron Corporation has taken the Philippine National Oil Company (PNOC) to court for “breach of a binding and compulsory sale-leaseback” contracts. Petron has asked for a temporary restraining order...
Customers may end up paying higher power costs as the Energy Regulatory Commission (ERC) is unable to process the applications if for new and renewal of licenses of retail electricity supplier (RES)....
BREAKING – The Luzon transmission grid has been placed on red alert today, October 20, after unexpected shutdowns of several plants due to insufficient power supply. According to the National Grid Corporation...
