April 1, 2023

ACEN pays out P2 billion for interest in Zambales solar project

By Alena Mae S. Flores – March 30, 2023, 7:30 pm from manilastandard.net ACEN Corp. of the Ayala Group said Thursday it paid out P2 billion of the total P4.99 billion for the subscription of a 26.1-percent interest in Santa […]
March 31, 2023

MGreen, Vena Energy start solar project commercial operation

BY MYRNA M. VELASCO – Mar 30, 2023 3:11 PM from Manila Bulletin MGen Renewable Energy, Inc. (MGreen), a unit under the Manila Electric Company (Meralco) group; and Vena Energy have reached commercial operation date (COD); for their 68-megawatt solar […]
March 31, 2023

Danish firm to invest $5 B for offshore wind projects

BY MYRNA M. VELASCO – Mar 30, 2023 4:34 PM from Manila Bulletin AT A GLANCE CINMF, an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), is the first investor to sign RE service contracts with 100% foreign ownership […]
March 31, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]