Power News

February 3, 2022

AC Energy forges strategic partnership with SUPER

BY LENIE LECTURA – FEBRUARY 2, 2022 from Business Mirror AC Energy Corp. (ACEN) is expanding its renewable energy (RE) portfolio across Asean by entering into a strategic partnership with Super Energy Corporation Public Company Limited (SUPER). ACEN’s subsidiary, AC […]
February 3, 2022

Citicore REIT kicks off IPO

BY VG CABUAG – FEBRUARY 2, 2022 from Business Mirror Citicore Energy REIT Corp., has kicked off its P6.39-billion initial public offering (IPO), which will be the country’s first listed energy real estate investment trust (REIT). The company’s offer period […]
February 2, 2022

NGCP seeks bids from power firms

BY LENIE LECTURA – FEBRUARY 1, 2022 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) is soliciting bids from interested power firms to supply the grid operator firm power reserves via a competitive auction. In a bid […]
February 2, 2022

Negros Oriental unveils ‘RE code’

BY LENIE LECTURA – FEBRUARY 1, 2022 from Business Mirror In a bid to increase renewable energy (RE) investment, the provincial government of Negros Oriental launched the country’s first Clean, RE ordinance. Dubbed the RE code, it is the first […]
February 1, 2022

Ayala unit, partner kick off construction of solar farm

BY LENIE LECTURA – JANUARY 31, 2022 from Business Mirror AC Energy Corp. (ACEN), the listed energy platform of the Ayala Group, and its partner UPC Solar AsiaPacific, announced the start of the construction of their solar farm in India. […]
February 1, 2022

PetroGreen eyes development of 4,000-MW offshore wind projects

By Alena Mae S. Flores January 31, 2022, 6:40 pm from manilastandard.net PetroGreen Energy Corp., the renewable energy unit of PetroEnergy Resources Corp., is studying the development of up to 4,000 megawatts of offshore wind power projects, data from the […]
January 31, 2022

Group wants perks for energy-efficiency

By Alena Mae S. Flores – January 30, 2022, 6:25 pm from manilastandard.net The Philippine Energy Efficiency Alliance asked the Department of Energy to support the granting of incentives based on energy savings, and not just on technology used. PE2 […]
January 31, 2022

Vivant CEO set to retire next month

BY LENIE LECTURA – JANUARY 31, 2022 from Business Mirror The chief executive officer (CEO) of publicly-listed Cebuano company, Vivant Corp., is set to retire next month. The company announced the retirement of Ramontito E. Garcia, who will turn 65 […]
January 31, 2022

Power market operator sees no significant capacity coming online after June

By Marielle C. Lucenio – January 28, 2022 | 7:12 pm from Business World THE independent market operator that runs the spot market for electricity said no major power plants will become operational beyond June, when a unit of a […]
January 29, 2022

NGCP invites electricity generators to supply power reserves

By Marielle C. Lucenio – January 28, 2022 | 7:14 pm from Business World FREEPIK.COM The National Grid Corp. of the Philippines (NGCP) invited power plants to participate in a competitive bid for Ancillary Services (AS), or reserve power that […]