Power News

August 2, 2024

ACEN takes full control of RWEI

By Lenie Lectura – August 2, 2024 from Business Mirror ACEN Corp. has taken full control of Real Wind Energy Inc. (RWEI) after it acquired the remaining shares held by Maraj Energy and Development Corp. (Maraj) in RWEI. RWEI is […]
August 2, 2024

AG&P, partners building Biliran II geothermal project

By Alena Mae S. Flores – August 1, 2024, 7:30 pm from manilastandard.net AG&P Industrial (Atlantic, Gulf and Pacific Company of Manila Inc.) entered the renewable energy (RE) space after signing a memorandum of understanding (MoU) with Cresphil Inc., Energy […]
August 2, 2024

22 power projects to undergo grid impact study

By Alena Mae S. Flores – August 1, 2024, 7:25 pm from manilastandard.net   The Department of Energy endorsed to the National Grid Corp. of the Philippines (NGCP) 22 power generation projects for the conduct of a system impact study […]
August 2, 2024

Energy giants see no hitches in securing PCC okay for LNG deal

By Lisbet K. Esmael @lisbetesmael – Aug. 2, 2024 from Philippine Daily Inquirer The country’s three energy powerhouses hope to receive within the third quarter a nod from the Philippine Competition Commission (PCC) for their $3.3-billion deal, which targets to […]
August 1, 2024

DOE, USAID launch resiliency scorecard for energy facilities

By Alena Mae S. Flores – July 31, 2024, 7:50 pm from manilastandard.net The Department of Energy (DOE) teamed up with the Task Force on Energy Resiliency (TFER) and the United States Agency for International Development – Energy Secure Philippines […]
August 1, 2024

SPNEC taking foreign partner in P200-b project

By Alena Mae S. Flores – July 31, 2024, 7:40 pm from manilastandard.net SP New Energy Corp. (SPNEC) expects to take in a foreign joint venture partner in Terra Solar Philippines Inc. by the end of the month, a top […]
August 1, 2024

P5.3-billion RCBC loan to fund build of wind power units

By Lenie Lectura – July 31, 2024 from Business Mirror ALTERNERGY Holdings Corp. (Alternergy) announced it has secured a P5.3-billion loan from the Rizal Commercial Banking Corp. (RCBC) to partly finance the construction of the 64-megawatt (MW) Alabat wind power […]
August 1, 2024

ThermaPrime buys 3 rigs for EDC

By Lenie Lectura – July 31, 2024 from Business Mirror In photo: The Rig 3 Defender DC Rig 1000hp Drawworks Capacity during testing and commissioning in Texas, USA. Lopez-led ThermaPrime Drilling Corp. (ThermaPrime) is acquiring three more geothermal drilling rigs […]
July 31, 2024

DOE may include liquefied natural gas in auction

By Lenie Lectura – July 31, 2024 from Business Mirror The Department of Energy (DOE) is mulling over the inclusion of liquefied natural gas (LNG) in the fourth round of the Green Energy Auction (GEA). The GEA program was designed […]
July 31, 2024

Meralco studies building larger nuclear power plants

By Alena Mae S. Flores – July 30, 2024, 8:20 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) is studying the development of bigger nuclear power plants including conventional nuclear facilities to secure the country’s future energy requirements, top […]