The National Power Corp. (Napocor) has filed separate petitions with the Energy Regulatory Commission (ERC) to recover nearly P1 billion of deferred fuel and foreign exchange power costs delivered in off-grid areas....
Phoenix Petroleum Philippines Inc. is acquiring LPG seller Petronas Energy Philippines Inc. (PEPI), a subsidiary of Malaysian firm Petronas Dagangan Berhad (PDB), with a planned 100% shares as part of its aggressive...
Renewable energy developers call for a two to four-year extension of feed-in-tariff (FIT) allocation to meet the challenges of building new RE technologies, namely biomass and run-of-hydro electricity. Taking cues from the...
A 13 percent drop in its first-quarter income to P4.4 billion was recorded by the Aboitiz Power Corp. following foreign exchange (forex) losses. The company recognized non-recurring losses of P577 million on...
The Global Business Power Corp. (GBPC) is looking to expand in the Luzon and Mindanao regions through investing in traditional power projects and entering the renewable energy sector to double its capacity...
The Energy Regulatory Commission (ERC) is urged to execute a periodic review of the system loss program to encourage efficiency among the power distributors. “The ERC should have a regular mechanism that...
In picture: Citicore Power unveils first solar farm in Luzon and the second in the country. ©1Bataan Citicore Power Inc. is venturing into retail electricity market following the Philippines’ participation in the...
Food giant Nestle Philippines, Inc has shifted to renewable energy for the operations of its manufacturing facility in Lipa, Batangas. In February, the Nestle factory is now getting its power supply from...
PetroEnergy Resources Corp. (PERC) has recently partnered with Thai powerhouse BCPG Public Company Ltd. for its upcoming 36-megawatt (MW) Nabas-1 Wind Power Project, making the collaborative enterprise the first acquisition in the...
Pilipinas Shell Petroleum Corp. will allot P4 Billion yearly for the next three years for their retail network expansion, bitumen project and refinery optimization. This as Shell leverages on its other strengths...
