Lopez-led Energy Development Corporation (EDC) has begun construction works on the expansion of the Bacon-Manito (BacMan) Geothermal Power Plant. EDC recently announced that First Balfour,..
Tag Archives: renewable energy
The Department of Energy (DOE) is beefing up efforts to attract Php10 trillion in new energy projects under the updated Philippine Energy Plan. Michael Sinocruz, chief..
SN Aboitiz Power-Benguet, Inc. (SNAP-Benguet) said it has raised Php18billion in unsecured notes from BDO Unibank and Bank of the Philippine Islands (BPI) to refinance its loans..
Aboitiz Renewables, Inc. (ARI), a wholly-owned subsidiary of Aboitiz Power Corporation, has acquired full ownership of La Filipina Electrika, Inc. (LFEI) from La Filipina Uy..
The Department of Energy (DOE) has recently launched the Third Open and Competitive Selection Process (OCSP3) that will further accelerate the development of renewable energy (RE)..
Coal generation growth in the country is set to slow down in the coming years in the wake of the government’s moratorium on the building..
MERALCO Powergen Corporation (MGen), through its renewable energy (RE) arm MGen Renewable Energy, Inc. (MGreen), has acquired an additional 20% equity in Powersource First Bulacan..
Even as the COVID-19 pandemic affected the power sector, Aboitiz Power Corporation said it remains focused on more than doubling its capacity, which includes the..
The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing..
AC Energy has approved Php10.81 billion in financing for renewable energy projects in Northern and Central Luzon. In a disclosure to the Philippine Stock Exchange,..