January 5, 2018

MRC Allied sets P8.8-billion capex for new solar projects

By Myrna M. Velasco – January 4, 2018, 10:00 PM from Manila Bulletin Listed firm MRC Allied, Inc. has earmarked capital spending of P8.8 billion for capacity ramp up of 200 megawatts utility-scale solar farm developments that it will be pursuing […]
January 5, 2018

Mindanao power spot market delayed to Q4

By Alena Mae S. Flores – January 04, 2018 at 07:00 pm from manilastandard.net Commercial operations of the Wholesale Electricity Spot Market in Mindanao may be pushed back to October, the Energy Department said. Energy Undersecretary Felix William Fuentebella said some technicalities […]
January 3, 2018

Phinma Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

By Lenie Lectura – January 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. and Phinma Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy of […]
December 30, 2017

Phinma Energy, PSALM reach deal to terminate Leyte power contract

By Alena Mae S. Flores – December 29, 2017 at 08:43 pm from manilastandard.net Phinma Energy Corp. and Power Sector Assets and Liabilities Management Corp. have agreed to mutually terminate the administration agreement for the 40-megawatt strip of energy of the Unified […]