Aboitiz Power Corp. will enter the solar rooftop solar industry that will further expand the company’s renewable energy portfolio. The new business unit, AboitizPower Distributed Energy Inc. (APX) is looking at completing...
A senator is urging the government to consider reviving the mothballed Bataan Nuclear Power Plant (BNPP) to provide cheaper power to consumers. “It’s worth considering. One of the weaknesses of the Philippine...
Basic Energy Corp. (BEC) will spend around P180 million for its 15 percent equity investments in Thai engineering, procurement, and constructions (EPC) contractors that will bring steady revenue stream for the company....
Filipinos are advised to practice efficient electricity use and measures especially this Holy Week break. “Simple but crucial efforts such as turning off and unplugging appliances not in use can help in...
The country’s net oil import went up by nearly a third in 2017 because of higher volume coupled with higher import cost. Data from the Department of Energy (DOE) said that the...
Basic Energy Corp. (BEC) has secured equity investments in the engineering, procurement, and construction (EPC) contractors for a 220-megawatt (MW) solar power project in Myanmar. In a disclosure to the Philippine Stock...
The Energy Development Corp. (EDC) has sealed a $90 million loan with the International Finance Corp. (IFC) to fund its capital expenditure for 2018. EDC disclosed that it signed a 15-year financing...
The Pagbilao Energy Corp. (PEC) will continue the commercial operations of its 400-megawatt (MW) coal-fired power plant on Quezon after the municipal government recalled its cease and desist order (CDO). The Aboitiz...
The Energy Resource Fund, more commonly known as the Malampaya fund, is looking to be used to purchase seismic vessels in development of the country’s oil and gas sector. The seismic vessels...
The town of Paluan in Mindoro was provided with 24/7 electricity through a solar power project. The project provided by Solar Philippines consists of 2 MW of solar panels, 2MWh of batteries,...
