November 29, 2021

Resumption of Malampaya gas operation leads to lower average price at electricity spot market

By Alena Mae S. Flores – November 28, 2021 at 08:10 pm from manilastandard.net The average electricity price at the Wholesale Electricity Spot Market declined this month to P5.20 per kilowatt-hour from P6.51 per kWh in October on higher power […]
November 27, 2021

ACEN removes oil exploration, mining from primary purpose

By Danessa Rivera – November 26, 2021 | 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is removing oil exploration and mining in its primary and secondary purposes in line with the company’s goal to achieve […]
November 26, 2021

Meralco ties up with Amber

BY LORENZ S. MARASIGAN – NOVEMBER 25, 2021 from Business Mirror Manila Electric Co. (Meralco) and Amber Kinetics have partnered to introduce the use of  long-duration flywheel energy storage systems in the Philippines, the companies announced on Thursday. The tie-up […]
November 25, 2021

Solar PHL Nueva Ecija sets IPO price at P1 per share

BY VG CABUAG AND LENIE LECTURA – NOVEMBER 24, 2021 from Business Mirror Solar Philippines Nueva Ecija Corp. (SPNEC) has priced its initial public offering (IPO) at P1 per share, the maximum of its indicative range. At the said price, […]