Power News

November 11, 2021

Synergy lists follow-on offer shares

BY LENIE LECTURA – NOVEMBER 10, 2021 from VG Cabuag Henry Sy Jr. and Robert Coyiuto Jr. Synergy Grid and Development Philippines, Inc. (SGP), the holding firm that has a controlling stake in National Grid Corporation of the Philippines (NGCP), […]
November 10, 2021

SN Aboitiz to repurpose Alimit hydropower complex

BY Danessa Rivera – November 8, 2021 | 12:00am From The Philippine Star MANILA, Philippines — SN Aboitiz Power Group (SNAP), the joint venture of Norway-based Scatec Solar and Aboitiz Power Corp., plans to repurpose the postponed Alimit hydropower complex […]
November 9, 2021

HCG taps clean energy from EDC

BY LENIE LECTURA – NOVEMBER 8, 2021 From Business Mirror Hocheng Philippines Corp. (HCG) has tapped Energy Development Corp. (EDC) for the supply of renewable energy (RE) to power their operations. HCG Senior Vice President and Officer-in-Charge Eugene Lin said […]
November 9, 2021

Parties keen on PSALM’s Bataan assets

BY LENIE LECTURA – NOVEMBER 8, 2021 from Business Mirror Six parties are interested to join the bidding for a property that used to be the site of the decommissioned Bataan Thermal Power Plant. According to Power Sector Assets and […]
November 9, 2021

Aboitiz unit energizes Cebu substation

BY LENIE LECTURA – NOVEMBER 8, 2021 from Business Mirror Visayan Electric Company Inc. (Visayan Electric), a subsidiary of Aboitiz Power Corp., has energized its P102-million digital substation in Mandaue City, Cebu. The rehabilitation of Visayan Electric’s Pakna-an substation along […]
November 8, 2021

DOE shuns ‘coal phaseout’ in COP26 pledge

By Myrna M. Velasco – November 7, 2021, 12:30 PM from Manila Bulletin The Department of Energy (DOE) has steered clear of any commitment to phase out coal-fired power plants in the Philippines, as stipulated in its pledge to the […]
November 8, 2021

Permitting issue holds up 390-MW Ifugao hydroplant

By Alena Mae S. Flores – November 07, 2021 at 07:00 pm from manilastandard.net Renewable energy developer SN Aboitiz Power Corp. put on hold the development of the proposed $550-million, 390-megawatt Alimit hydropower complex in Ifugao province over permitting and […]
November 6, 2021

Spike in Meralco rates anticipated this November

By Myrna M. Velasco – November 5, 2021, 4:16 PM from Manila Bulletin Due to the liquid fuel shift of the gas plants and the incidents of ‘yellow alert’ during the 23-day shutdown of the Malampaya production facility, spike in […]
November 6, 2021

Aboitiz Power to tap ‘green financing’ for expansion power projects

By Myrna M. Velasco – November 5, 2021, 3:38 PM from Manila Bulletin Listed firm Aboitiz Power Corporation will be tapping green bonds as well as the clean energy-leaning loan facilities of the Asian Development Bank (ADB) and International Finance […]
November 5, 2021

First Philec to unveil green transformers

BY LORENZ S. MARASIGAN – NOVEMBER 4, 2021 from Business Mirror File photo from FPH website Lopez-led First Philec Inc. is on track to launch its green transformers within the quarter, its president said on Thursday. During a press briefing […]