Power News

September 28, 2018

Aboitiz Power buys Ayala’s coal projects for $579.2m

By Alena Mae S. Flores – September 27, 2018 at 08:45 pm from manilastandard.net Aboitiz Power Corp. acquired a 49-percent voting interest and 60-percent economic stake in AA Thermal Inc., Ayala Group’s thermal or coal asset platform in the country, […]
September 28, 2018

IEMOP takes over electricity spot market

By Lenie Lectura – September 27, 2018 from Business Mirror THE Independent Electricity Market Operator of the Philippines Inc. (IEMOP) on Wednesday formally took over the Wholesale Electricity Spot Market (WESM) from the Philippine Electricity Market Corp. (PEMC). The takeover […]
September 27, 2018

Independent operator takes over electricity spot market

By Alena Mae S. Flores – September 26, 2018 at 07:50 pm from manilastandard.net Independent Electricity Market Operator of the Philippines Inc. took over Wednesday the operations of the Wholesale Electricity Spot Market, in place of Philippine Electricity Market Corp. […]
September 27, 2018

GESC to continue supplying electricity to Robinsons Land

By Lenie Lectura – September 27, 2018 from Business Mirror GLOBAL Energy Supply Corp. (GESC), the retail energy arm of Global Business Power Corp. (GBP), will continue to supply power to Robinsons Land Corp. (RLC) under an amended power-supply agreement […]
September 26, 2018

Energy efficiency: From ‘head scratcher’ to alluring lifestyle choice

By Myrna M. Velasco – September 25, 2018, 10:11 PM from Manila Bulletin ALEXANDER ABLAZA President PHILIPPINE ENERGY EFFICIENCY (PE2) ALLIANCE, INC.   So geek is boring, they say… why not sexy? Imagine having a family dinner or a date […]
September 26, 2018

EDC steps up Indon expansion

By Myrna M. Velasco – September 25, 2018, 10:00 PM from Manila Bulletin Soon-to-be delisted Energy Development Corporation (EDC) has been targeting to scale up on its geothermal investments in Indonesia – one of its long-time targeted offshore investment expansion […]
September 26, 2018

Aboitiz ‘likely buyer’ of Ayala’s $1-B coal plant assets

By Myrna M. Velasco – September 25, 2018, 10:00 PM from Manila Bulletin Listed firm Aboitiz Power Corporation is inching closer as the “likely buyer” of the US$1.0 billion worth of asset representing 50-percent equity that has been set on […]
September 26, 2018

SMC Global Power eyeing 300-MW coal plant in Negros

By Lenie Lectura – September 26, 2018 from Business Mirror SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., plans to put up a 300-megawatt (MW) coal plant in Negros Occidental. Based on Department of Energy […]
September 26, 2018

Leviste firm eyes 4,400 MW of solar

By Alena Mae S. Flores – September 25, 2018 at 07:00 pm from manilastandard.net Renewable energy developer Solar Philippines Commercial Rooftop Projects Inc. is embarking on six large-scale ground-mounted solar projects with a combined capacity of 4,400 megawatts, latest Department […]
September 26, 2018

Meralco-Egco partnership eyes transmission facility in Luzon

By Lenie Lectura – September 26, 2018 from Business Mirror SAN Buenaventura Power Ltd. (SBPL), a partnership between Meralco PowerGen (MGen) and New Growth BV, a wholly owned subsidiary of Electricity Generating Public Co. Ltd. (Egco Group) of Thailand, is […]