Power News
December 20, 2021
Published by admin at December 20, 2021
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By Marielle C. Lucenio - December 17, 2021 | 7:31 pm from Business World The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon Odette (Intenational name: Rai). The […]
December 18, 2021
Published by admin at December 18, 2021
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By Myrna M. Velasco – December 17, 2021, 5:16 PM from Manila Bulletin Lopez-led FP Island Energy Corporation, a subsidiary of First Philippine Holdings Corporation (FPHC), has made possible the long-desired reliable electricity services in at least three island-domains in […]
December 18, 2021
Published by admin at December 18, 2021
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By Lee C. Chipongian – December 17, 2021, 4:11 PM from Manila Bulletin Finance Secretary Carlos Dominguez III categorically stated that the National Electrification Administration (NEA) and not the Power Sector Liabilities and Management Corp. (PSALM) should be the Default […]
December 18, 2021
Published by admin at December 18, 2021
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By Myrna M. Velasco – December 17, 2021, 4:03 PM from Manila Bulletin The Department of Energy (DOE) said it cannot commit yet if Filipino consumers in the typhoon Odette-battered areas in Visayas and Mindanao will fully regain their electricity […]
December 17, 2021
Published by admin at December 17, 2021
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By Marielle C. Lucenio – December 17, 2021 | 12:10 am from Business World THE Power Sector Assets and Liabilities Management Corporation (PSALM) said Wednesday that it has been instructed by the Department of Finance (DoF) to stop taking on […]
December 17, 2021
Published by admin at December 17, 2021
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By James A. Loyola – December 16, 2021, 2:58 PM from Manila Bulletin Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the […]
December 16, 2021
Published by admin at December 16, 2021
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BY LENIE LECTURA – DECEMBER 15, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. The Philippine National Oil Co.-Exploration Corp. (PNOC-EC), which holds a 10-percent stake in the Malampaya consortium, is not […]
December 16, 2021
Published by admin at December 16, 2021
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BY VG CABUAG – DECEMBER 15, 2021 from Business Mirror Photo from www.solarnuevaecija.ph The initial public offering (IPO) of Solar Philippines Nueva Ecija Corp. (SPNEC), a unit of Solar Philippines Inc., was almost two times oversubscribed ahead of its market […]
December 16, 2021
Published by admin at December 16, 2021
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By Myrna M. Velasco – December 15, 2021, 3:10 PM from Manila Bulletin Ayala energy firm ACEN Corporation has secured the nod of its stockholders for the issuance of 1.4 billion primary shares to its partners in UPC Renewables and […]
December 15, 2021
Published by admin at December 15, 2021
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BY LENIE LECTURA – DECEMBER 14, 2021 from Business Mirror Greencore Power Solutions 3, Inc., the joint venture between AC Energy Corp. (ACEN) and Citicore Solar Energy Corp., is expanding its solar power project in Pampanga. In a disclosure to […]