March 3, 2022

Basic Energy to jumpstart dev’t of Mabini wind project

By Myrna M. Velasco – March 2, 2022, 4:07 PM from Manila Bulletin Listed firm Basic Energy Corporation (BEC) will jumpstart the development of its proposed 50-megawatt wind farm project in Mabini, Batangas following its board’s approval of initial budget […]
March 2, 2022

‘Special settlement’ eyed for VisMin power link-up

By Myrna M. Velasco – March 1, 2022, 3:44 PM from Manila Bulletin A “special settlement arrangement” is being firmed up for the trading of capacity in the Wholesale Electricity Spot Market (WESM) for the scheduled energization of the P52-billion […]
March 2, 2022

SMPC profit leaps on coal price rally

BY LENIE LECTURA – FEBRUARY 28, 2022 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) posted its highest-ever net income last year. It ended 2021 with a net income of P16.2 billion, a 393-percent leap from the previous […]
March 1, 2022

SPNEC approves swap deal with parent firm

BY VG CABUAG – FEBRUARY 28, 2022 from Business Mirror THE board of listed firm Solar Philippines Nueva Ecija Corp. (SPNEC) has approved an asset-for-share swap involving the acquisition of Solar Philippines Power Project Holdings Inc. and 20 other units […]