Power News
March 10, 2021
Published by admin at March 10, 2021
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By Alena Mae S. Flores – March 09, 2021 at 07:40 pm from manilastandard.net AC Energy Corp. said Tuesday net income surged to P3.869 billion in 2020 from P132.873 million in 2019. ACEN said in a disclosure to the stock […]
March 9, 2021
Published by admin at March 9, 2021
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By LENIE LECTURA – MARCH 9, 2021 from Business Mirror As part of its plan to get out of coal by 2030, AC Energy and Infrastructure Corp. (AC Energy) has agreed to sell 100 percent of its ownership interest in […]
March 9, 2021
Published by admin at March 9, 2021
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By Myrna M. Velasco – March 9, 2021, 8:00 AM from Manila Bulletin Manila-headquartered Atlantic Gulf & Pacific Company (AG&P) is the fourth company that was issued by the Department of Energy (DOE) with a notice to proceed (NTP) for […]
March 9, 2021
Published by admin at March 9, 2021
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By Jordeene B. Lagare – March 9, 2021 from The Manila Times An electric cooperative (EC) servicing Quezon province obtained a P20.138-million calamity loan from the National Electrification Administration (NEA). The agency, in a statement on Monday, said Quezon I […]
March 8, 2021
Published by admin at March 8, 2021
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By LENIE LECTURA – MARCH 8, 2021 from Business Mirror Following the successful competitive auction for the supply of 1,800megawatts (MW) of capacity for 20 years starting 2024, the Manila Electric Company (Meralco) is preparing for the next batch of […]
March 8, 2021
Published by admin at March 8, 2021
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By Myrna M. Velasco – March 8, 2021, 6:30 AM from Manila Bulletin The proposed divestment of the 650-megawatt Malaya thermal power facility has enticed at least five firms to join the plant’s ‘negotiated sale arrangement’ giving hopes to state-run […]
March 8, 2021
Published by admin at March 8, 2021
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By Myrna M. Velasco – March 8, 2021, 6:30 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has spent its P20.8 billion worth of capital expenditure (capex) undertakings last year with the completion of electric and non-electric […]
March 6, 2021
Published by admin at March 6, 2021
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By Jordeene B. Lagare – March 6, 2021 from The Manila Times Energy Development Corp. (EDC) has announced its maiden offering of green bonds worth P15 billion to bankroll renewable energy (RE) projects. The EDC Board of Directors already gave […]
March 6, 2021
Published by admin at March 6, 2021
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As the Department of Energy reviews the technical, legal and financial ramifications of the Chevron-Udenna sale—prior to final approval—business leaders Ramon S. Ang and Manuel V. Pangilinan pitch offers for SPEX’s 45-percent stake in Palawan’s critical gas-to-power project. By LENIE […]
March 5, 2021
Published by admin at March 5, 2021
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By Lorenz S. Marasigan – March 5, 2021 from Business Mirror ABOITIZPOWER Corp. is backing the Philippine power grid with battery energy storage systems (BESS) to ensure stability through its ancillary services. Emmanuel V. Rubio, the company’s president, said his […]