Ayala Corp.’s AC Energy is set to develop over 300 MW worth of solar power plants in Vietnam. AC energy has partnered up with the BIM Group of Vietnam to develop over...
The Aboitiz Power Corp. is also urging the government to resolve on the commission-less Energy Regulatory Commission (ERC). “A working regulatory body balances the welfare of the paying consumers, interests of the...
The Energy Regulatory Commission (ERC) is discussing issues and concerns surrounding the competitive selection process (CSP) and pending power supply agreements (PSAs) with consumer groups. ERC chairperson and CEO Agnes Devanadera had...
The independent market operator (IMO) will finally begin operating the wholesale electricity spot market (WESM) by mid-2018, Energy secretary Alfonso Cusi said. “By June 2018, the IMO is in place,”The Depa buy...
AC Energy sees consistent bottom-line growth in the medium term following contributions from wind farms, geothermal acquisitions, and new power projects. “Last year, we’ve had a good wind regime. Plus, geothermal investment...
The Pilipinas Shell Corp. has teamed up with Globe Telecom to establish cell sites in its retail network. Shell has inked a partnership agreement with the telecommunications network to install new cell...
Oil conglomerate Petron Corp. has set an offer up to $401,957,000 in tender notes to repay its outstanding securities of $750 million listed in The Stock Exchange of Hong Kong Limited....
Mining company Oriental Peninsula Resources Group. Inc is set to energy the power generation business through target investments in renewable energy. Oriental Peninsula disclosed that it has received the approval from its...
Ayala Corp’s AC Energy will split into two wholly-owned subsidiaries for renewable energy and thermal energy to be more flexible in expanding project portfolios. In a disclosure, the Ayala holding company said...
Government agencies, including the Department of Energy (DOE) and the National Transmission Corporation (TransCo), are pushing for more investments in renewable energy (RE). This is in line with the DOE’s plan to...
