Global Business Power Corp. (GBPC) is banking on the increased infrastructure demand and positive business outlook of the power sector by expanding it energy portfolio and breaching into Luzon. “One of our...
Effective settlement spot prices (ESSPs) in the wholesale electricity spot market (WESM) dropped to a six-year low in January with P1.90 per kilowatt-hour (kWh), the lowest since 2011, according to the Philippine...
The Energy Regulatory Commission (ERC) has approved The National Grid Corp. of the Philippines (NGCP) to spend P5.5 billion for new and expansion of transmission projects this year. This is a partial...
The AC Energy Holdings Inc. has officially taken over the Bronzeoak Philippines Inc. to fasten the ramp up of its renewable energy portfolio to 1,000 megawatts (MW) by 2020. In a disclosure...
Phoenix Petroleum Philippines Inc. is set to spend P10 billion to ramp up its aggressive growth plans through the expansion of its retail network, including acquisitions in the next three years. The...
The Aboitiz Power Corp. is eyeing hydropower project ventures in Indonesia and Myanmar in expanding its business in Southeast Asia amid the oversupply situation in the Philippines. “[We’re looking at] large, impounding...
Solar Philippines has begun construction for the 150 megawatt (MW) solar farm with battery storage in Concepcion, Tarlac, its largest solar power project to date, its top official said yesterday. The plant...
Therma South Inc. (TSI) and Aboitiz Foundation Inc, has partnered with the Department of Trade and Industry (DTI) 11 for a comprehensive crafts livelihood project for the Matigsalug tribe in Marilog, Davao...
The province of Sulu is one of the areas eyed for a modular nuclear power plant as the Energy Department targets to complete a nuclear energy program before the year ends. “We...
Manila Electric Co. (Meralco) is set to launch its Advanced Metering Infrastructure (AMI) project this year as part of its effort to transform its distribution network into a smart grid. The power...
