September 16, 2022

PetroEnergy sells 25% equity in RE unit to Japanese firm

By Myrna M. Velasco – September 15, 2022, 2:19 PM from Manila Bulletin The renewable energy investment arm of Yuchengco-led PetroEnergy Resources Corporation (PERC) sold 25 percent of its shareholdings to Japanese firm Kyuden International Corporation (KIC), a wholly owned […]
September 16, 2022

Under-construction generating facilities still mostly coal-fired

By Ashley Erika O. Jose – September 14, 2022 | 7:38 pm from Business World PIXABAY COAL FACILITIES made up just over half of power plants under construction in the 2022-2027 period, the Department of Energy (DoE) said. The capacity […]
September 15, 2022

‘ERC ruling on power deals should apply to all suppliers’

BY LENIE LECTURA – SEPTEMBER 15, 2022 from Business Mirror ACEN Corp. said on Wednesday its power supply deal with the Manila Electric Co. (Meralco) should also be tweaked should the regulators decide to amend the power supply agreement (PSA) […]
September 15, 2022

‘Flexibility key to hitting RE goals of PHL’

BY LENIE LECTURA – SEPTEMBER 15, 2022 from Business Mirror Wärtsilä Energy is proposing the adoption of flexible and scalable balancing solutions to enable the country to reach net zero by 2050. The Philippines has not yet declared a net […]