Aboitiz Renewables Inc. has fully acquired the 8.8-megawatt (MW) biomass energy plant of Aseagas Corp. for P605 million, marking the company’s first venture into biomass technology. In a disclosure to the stock...
The Department of Energy’s Philippine Energy Plan states that there is a need to develop oil, gas and coal resources in order “to ensure energy security.” In 2015, the DOE approved 29...
AC Energy Holdings, Inc. of the Ayala Corp. and its partners have attained additional funding for the construction of the fourth unit of its Kauswagan plant, aimed at supporting the economic development...
Fossil fuels make up majority of the energy source in the Philippines and other parts of the world. According to the Philippine Energy Plan, it will contribute an average share of 30.1...
The new Department of Energy (DOE) secretary Alfonso Cusi said they are looking at converting the Bataan Nuclear Power Plant (BNPP) into a terminal for liquefied natural gas (LNG). “One of the...
Over the years, the Philippines has become one of the hubs for electricity and battery operated vehicles. The country’s e-jeepney is the very first in Asia. Today, these e-jeeps ply the Makati...
Basic Energy Corp. president and COO Oscar de Venecia Jr. said during the company’s stakeholders meeting that it is looking into developing solar energy plants to gain short-term revenues as their geothermal sites...
Eastern Petroleum Corp. will roll out almost 100 company-owned, company-operated (CoCo) EC Gas outlets in some parts of Luzon this year with a target of opening five branches every month under their...
The National Power Corp. (Napocor) has asked in its application for the generation rate adjustment mechanism (GRAM) to recover P1.65 billion in fuel costs that shouldered the delivery of power in off-grid...
The Lopez-led Energy Development Corp. (EDC) said on Tuesday that it has settled its dispute with foreign contractor Weir Engineering Services, Ltd. over the rehabilitation of its subsidiary Bacon-Manito geothermal plant in...
