April 25, 2020

Ayala commits to growing RE assets

By Jordeene B. Lagare – April 25, 2020 from The Manila Times THE Ayala Group, through its power arm AC Energy Philippines Inc. (ACEPH), is helping to usher in a new era of low-carbon electricity by joining other major companies […]
April 25, 2020

PSALM reschedules Malaya power plant auction to June

By Myrna M. Velasco – Updated April 25, 2020, 8:37 AM from Manila Bulletin For yet another round, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is re-scheduling to June 30 this year the sale auction for the 650-megawatt […]
April 24, 2020

PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]
April 24, 2020

Electricity spot-market rate falls in March due to ECQ

By Lenie Lectura -April 23, 2020 from Business Mirror Independent Electricity Market Operator of the Philippines Inc. (IEMOP) reported Thursday that spot market prices last month dropped to P2.47 per kilowatt hour (kWh), from P3.45/kWh in February, mainly due to […]