Listed holding company Basic Energy Corp., together with its partner Solmax Power Limited of Hong Kong, will carry on with its overseas solar expansion beginning with Japan after the former signed the investment term sheet and remitted a refundable deposit...
AboitizPower is now running in its tenth year at the Philippine Stock Exchange (PSE) and has since maintained a healthy portfolio covering mixed energy sources as part of its 4,000-MW target attributable...
US-led power producer AES Corp. is looking into selling one of its majority stakes in the 630-MW Masinloc power plant in Zambales with a projected value of more than $1 billion. The...
The country’s Wholesale Electricity Spot Market (WESM) now operates on a full-scale automated enterprise system to refine the energy sector through economic privatization and market competition. In support of the national government’s...
AC Energy Holdings is eyeing investments and partners in the solar and wind sector in Vietnam as it targets foreign expansion, a company official said. The company is eyeing projects in Vietnam,...
The Department of Energy (DOE) is set to finish the distribution of the 3,000 electronic tricycles (e-trike) once its partner, Asian Development Bank (ADB), approved their proposed amendments. The revisions of the...
The National Transmission Corp. (Transco) plans to cover the P8-billion backlog to be paid to renewable energy developers system through a zero-percent interest P15-20 billion loan from World Bank and Asian Infrastructure...
Senator Sherwin Gatchalian is positive that business players will be encouraged to invest in the country’s energy market as the government starts the implementation to eliminate red tape in the sector. Gatchalian said...
Two companies are showing interest in building pumped storage power plants in the Laguna Lake, a Department of Energy (DOE) official said. DOE director Mario Marasigan said that they have received proposals...
The Energy Regulatory Commission (ERC) reiterated its collective decision to extend the effectivity of the Competitive Selection Process (CSP) as an attempt to address concerns by power industry participants who have accomplished...
