January 23, 2020

Storms’ damage to electric co-ops facilities at P1.49 billion

By Lenie Lectura -January 23, 2020 from Business Mirror Damage to electric cooperatives’ (ECs) facilities brought about by the recent typhoons reached P1.491 billion, the National Electrification Administration (NEA) said Wednesday. The NEA-Disaster Risk Reduction and Management Department (NEA-DRRMD) reported […]
January 23, 2020

SMC Global sells $600 million worth of senior securities

By Alena Mae S. Flores – January 22, 2020 at 07:35 pm from manilastandard.net San Miguel Corp.’s subsidiary SMC Global Power Holdings Corp. raised $600 million from the issuance of senior perpetual capital securities to finance battery energy projects and […]
January 22, 2020

WESM key to viability of new RE projects in Mindanao

By Carmelito Q. Francisco, Correspondent – January 21, 2020 | 8:29 pm from Business World DAVAO CITY — The attractiveness and viability of renewal energy (RE) investments in Mindanao depends in part on the operations of the wholesale electricity spot […]
January 22, 2020

PetroEnergy earmarks ₱370 million more for RE

By MYRNA M. VELASCO – January 21, 2020, 10:00 PM from Manila Bulletin Yuchengco firm PetroEnergy Resources Corporation (PERC) had coughed up additional investments last year for its targeted renewable energy (RE) projects. The company, in a report submitted to […]