September 19, 2022

NGCP issued show cause orders over AS procurement

BY LENIE LECTURA – SEPTEMBER 19, 2022 from Business Mirror   The Energy Regulatory Commission (ERC) has issued show cause orders (SCOs) to the National Grid Corporation of the Philippines (NGCP) for failure to comply with the directives of the […]
September 19, 2022

TransCo pays P23.74-B FIT claims

By Myrna M. Velasco – September 18, 2022, 8:30 PM from Manila Bulletin Fund administrator National Transmission Corporation (TransCo) has settled P23.74-billion worth of feed-in-tariff (FIT) claims for grid-injected capacities on renewable energy (RE) developers last year, according to company […]
September 19, 2022

NPC bares rehab plan for Agus power plants

By Alena Mae S. Flores – September 18, 2022, 6:50 pm from manilastandard.net National Power Corp. (NPC) will pursue the rehabilitation of the Agus hydropower plants in Mindanao at a cost of P12.5 billion and set the notice of a […]
September 17, 2022

ACEN Australian unit inks loan deal

BY LENIE LECTURA – SEPTEMBER 16, 2022 from Business Mirror ACEN Corp. subsidiary ACEN Australia and MUFG Bank Ltd. executed a facility agreement for a A$140-million green long-term loan. The loan facility was finalized on September 15. Also, MUFG and […]