Power News

March 1, 2022

PetroEnergy eyes expanding portfolio to spur RE business

BY LENIE LECTURA – FEBRUARY 28, 2022 from Business Mirror PetroEnergy Resources Corp. (PERC) is planning to expand its geothermal portfolio to further boost its renewable energy (RE) presence in the country. “Our geothermal expansion, a potential third power plant, […]
February 28, 2022

Cusi heightens campaign for US RE investments

By Myrna M. Velasco – February 27, 2022, 10:50 PM from Manila Bulletin The Department of Energy (DOE) is amplifying its pitch for American companies to consider injecting capital into the country’s renewable energy (RE) sector as government schedules another […]
February 28, 2022

Romero’s One Power explores new locations to expand solar power capacity by 300 MW in two years

By Alena Mae S. Flores February 27, 2022, 6:35 pm from manilastandard.net One Power Corp., a company owned by the family of Rep. Mikee Romero,plans to expand its solar portfolio by another 300 megawatts until 2023. “We are, of course, […]
February 28, 2022

DOE, Germany’s MAN sign natural gas accord

By Alena Mae S. Flores February 27, 2022, 6:30 pm from manilastandard.net The Department of Energy announced over the weekend the signing of a memorandum of understanding with MAN Energy Solutions SE of Germany in line with the agency’s efforts […]
February 28, 2022

Razon-led company building $1.1-b pumped-storage plant

By Alena Mae S. Flores February 27, 2022, 6:55 pm from manilastandard.net Ahunan Power Inc., the joint venture of tycoon Enrique Razon’s Prime Metro Power Holdings Corp. and JBD Water Power Inc., is developing a 1,400-megawatt pumped-storage hydropower plant in […]
February 26, 2022

Cusi to travel to the US for nuclear deal

By Myrna M. Velasco – February 25, 2022, 1:54 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi will travel to the United States early part of March to sign a memorandum of understanding (MOU) with the American government for […]
February 26, 2022

SPNEC board OKs purchase of Solar PH assets

By Alena Mae S. Flores February 24, 2022, 8:10 pm from manilastandard.net Solar Philippines Nueva Ecija Corp. said Thursday its board approved an asset-for-share swap worth P60.932 billion involving the acquisition of the entire outstanding shares of Solar Philippines Power […]
February 25, 2022

Aboitiz solar plant to rise in Pangasinan

BY LENIE LECTURA – FEBRUARY 24, 2022 from Business Mirror Aboitiz Power Corp. (AboitizPower) on Thursday broke ground for its 94-megawatt (MW) peak solar power project in Pangasinan. This will be the second solar power project of Aboitiz Renewables Inc. […]
February 25, 2022

PERC to expand energy portfolio

BY LENIE LECTURA – FEBRUARY 24, 2022 from Business Mirror PetroEnergy Resources Corp. (PERC) is adding as much as 500 megawatts (MW) in its portfolio in the next few years while it prepares to embark on offshore wind projects in […]
February 25, 2022

Raslag allots P3.6B for solar power projects in Pampanga

BY LENIE LECTURA – FEBRUARY 24, 2022 from Business Mirror Nepomuceno-led Raslag Corp. is spending P3.6 billion to finance two more solar power projects that would enhance its business and maximize the potential for clean energy in the country. Raslag […]