To succeed in establishing a Wholesale Electricity Spot Market (WESM) in Mindanao, the government has to review the shortcomings of the discontinued interim spot market in the region, power industry official said....
The Norweigian central bank excluded 52 companies, including Aboitiz Power Corp. from the Government Pension Fund Global (GPFG) because of the Philippine-based firm’s business activities involving coal-fired power plants. The Norges Bank released...
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 (DOE) has exceeded the allocated 500-MW capacity for the Feed-in-Tariff (FIT) set by the government after endorsing 17 new solar power projects on the second round of FIT. The...
Twelve companies in Central Luzon have chosen AboitizPower for operational support under the retail competition and open access scheme (RCOA). Under the RCOA, end-users who are part of the contestable market can...
ThermaPower Inc., a subsidiary of AboitizPower Corp. has gained full control of East Asia Utilities Corp. (EAUC), adding 50-MW to bridge the gap in their 4,000-MW target by 2020. ThermaPower bought 50 percent...
