Power News
September 23, 2022
Published by admin at September 23, 2022
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BY LENIE LECTURA – SEPTEMBER 23, 2022 from Business Mirror The offer to supply the 500 megawatts (MW) of renewable energy (RE) mid-merit power capacity requirement of the Manila Electric Co. (Meralco) will again be subjected to competitive challenge. […]
September 23, 2022
Published by admin at September 23, 2022
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BY LENIE LECTURA – SEPTEMBER 23, 2022 from Business Mirror Synergy Grid and Development Philippines Inc. (SGP) has declared a cash dividend of P0.26 per share for the third quarter. The cash dividend amounting to P1,369,125,160 for the third quarter […]
September 23, 2022
Published by admin at September 23, 2022
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BY LENIE LECTURA – SEPTEMBER 23, 2022 from Business Mirror ACEN Corp. has successfully listed its maiden peso-denominated Asean green bonds on the Philippine Dealing and Exchange Corp. (PDEx) platform. It said Thursday that the P10-billion green bonds, with a […]
September 22, 2022
Published by admin at September 22, 2022
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By Alena Mae S. Flores September 20, 2022, 6:50 pm from manilastandard.net The commission en banc of the Energy Regulatory Commission started deliberations on the temporary relief filed by San Miguel Corp. and Manila Electric Co. on their 2019 power […]
September 22, 2022
Published by admin at September 22, 2022
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By Alena Mae S. Flores – September 20, 2022, 6:45 pm from manilastandard.net ACEN Australia and MUFG Sydney Branch executed a facility agreement and an accession letter for a Au$140-million (US$94 million) green long-term loan facility. ACEN Corp. said the […]
September 22, 2022
Published by admin at September 22, 2022
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By Ashley Erika O. Jose – September 20, 2022 | 8:30 pm from Business World THE House Committee on Energy heard proposals to incentivize distribution utilities (DUs) and electric cooperatives (ECs) to invest in renewable energy (RE) as a means […]
September 21, 2022
Published by admin at September 21, 2022
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BY LENIE LECTURA – SEPTEMBER 21, 2022 from Business Mirror The Manila Electric Co. (Meralco) will pursue the competitive auction for 780megawatts (MW) of baseload supply that it needs starting February 2023. On Tuesday afternoon, Meralco presented to the […]
September 21, 2022
Published by admin at September 21, 2022
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BY LENIE LECTURA – SEPTEMBER 21, 2022 from Business Mirror The National Grid Corporation of the Philippines (NGCP) has put off the competitive auction for ancillary services (AS) after the Energy Regulatory Commission (ERC) issued show-cause orders (SCOs) to […]
September 21, 2022
Published by admin at September 21, 2022
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By Myrna M. Velasco – September 20, 2022, 3:10 PM from Manila Bulletin The Australian subsidiary of Ayala-led ACEN Corporation has executed a loan agreement for 140 million Australian dollars (AU$) credit facility with MUFG Bank-Sydney Branch, to partly bankroll […]
September 20, 2022
Published by admin at September 20, 2022
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BY LENIE LECTURA – SEPTEMBER 20, 2022 from Business Mirror The anticipated commercial operation of liquefied natural gas (LNG) projects this year is unlikely to happen, but the Department of Energy (DOE) has made an assurance that these capital-intensive […]