Alsons Consolidated Resources Inc. (ACR) will raise around P2.4 billion following the sale of 50 percent of its subsidiary holding that holds its coal-fired power plant to Global Business Power Corp (GBP)....
Global Business Power Corp. (GBP) and a Cebu-based corporation will enter Luzon through a partnership that will put up a 670-megawatt (MW) coal-fired power plant in La Union. In a disclosure, Vivant...
The Philippine National Oil Co. (PNOC) is looking to tap the Asian Development Bank (ADB) to be its consultant for the planned $2-billion liquefied natural gas (LNG) terminal. PNOC is in talks...
The Aseagas Corp. has settled its loan from the Development Bank of the Philippines despite its 8.8-megawatt (MW) biomass power project in Lian, Batangas being on temporary shutdown. In a disclosure to...
Households may soon be able to produce, store and/or sell energy produced by their own solar PV panels and at the same time, cut down their electricity bills. A Shanghai-based startup,...
The Department of Energy is urged to hasten the implementation of the retail competition and open access (RCOA) as it could ease the projected impact of higher coal taxes. “With the coal...
Three proposals from foreign firms to put up a $2 billion liquefied natural gas (LNG) terminal was submitted to the government, Energy Department Secretary Alfonso Cusi said. Proposals from Korea Electric Power...
The additional tax that may be placed on top of coal will only push electricity rates in the Philippines higher. On Tuesday, the Senate approved the Tax Reform for Acceleration and Inclusion...
Alsons Consolidated Resources Inc. (ACR) is looking to speed up its renewable energy sector expansion in other parts of the country as the Global Business Power Corp. (GBP) enters its Mindanao power...
Aboitiz Power Corporation’s oil business unit (BU) recently gained its Quality Management System certification audit which covers all oil-fired power plants of the company in the country. Following the certification, this makes...
