August 2, 2022

Power plants of SMC incur losses on coal price rally

BY LENIE LECTURA – AUGUST 1, 2022 from Business Mirror Two power plants of SMC Global Power Holdings Corp. (SMCGP) have accumulated losses amounting to P15 billion due to skyrocketing global coal prices and unilateral natural gas supply restrictions from […]
August 2, 2022

Malampaya

EYES WIDE OPEN – Iris Gonzales – August 1, 2022 | 12:00am from The Philippine Star If all goes well, ports and casino tycoon Enrique Razon may finally complete his Malampaya deal  this week or soon after. The last remaining […]
August 2, 2022

TransCo submits application for higher FIT-All rate

By Alena Mae S. Flores – July 31, 2022, 7:30 pm from manilastandard.net State-run National Transmission Corp. is seeking an approval from the Energy Regulatory Commission for a higher feed-in tariff allowance of P0.2382 per kilowatt-hour in 2023. This would […]
August 1, 2022

ACEN, Axia Power to put up ₧6.875B storage hub in Rizal

BY LENIE LECTURA – AUGUST 1, 2022 from Business Mirror INGRID Power Holdings Inc. (IPHI), a joint venture between ACEN Corp. and Axia Power Holdings Philippines Corp. (APHPC), proposed to put up a 270 megawatt (MW) “battery energy storage system,” […]