Aboitiz Power Corporation is allotting Php28 billion for capital expenditures (capex) this year, which will be used to expand its renewable energy (RE) portfolio and..
Tag Archives: coal power
Aboitiz Power Corporation posted a 66% increase in net income to Php20.8 billion in 2021 from Php12.6 in 2020. In a disclosure to the Philippine..
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association..
Consunji-led Semirara Mining and Power Corporation (SMPC) recorded a net income of Php16.2 billion in 2021, its highest in 41 years, with profits jumping nearly..
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market..
SPC Power Corporation and affiliate Intrepid Holdings, Inc. (IHI) have acquired German firm Steag GmbH’s 51% stake in STEAG State Power Inc. – the operator..
The Department of Energy (DOE) announced that it is looking for challengers for several coal blocks in Mindanao under the Philippine Conventional Energy Contracting Program..
Should he win the presidency, former senator Ferdinand “Bongbong” Marcos, Jr. will consider nuclear energy as a power source for the country, calling it “clean”..
The Indonesian government has assured the Philippines of coal supply once their domestic supply requirements are met. Trade Sec. Ramon Lopez said that the coal..
The Department of Energy (DOE) has required power generation companies (gencos) with coal plants to submit a full inventory report that would help assess possible..