Power News
May 24, 2024
Published by admin at May 24, 2024
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By Sheldeen Joy Talavera – May 23, 2024 | 9:22 pm from Business World THE Luzon and Visayas power grids were placed on red and yellow alerts on Thursday with more than 3,000 megawatts (MW) of capacity unavailable, according to […]
May 24, 2024
Published by admin at May 24, 2024
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By Jenniffer B. Austria – May 23, 2024, 8:05 pm from manilastandard.net Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by 30.4 percent than the […]
May 23, 2024
Published by admin at May 23, 2024
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By Sheldeen Joy Talavera – May 22, 2024 | 8:44 pm from Business World MOREPOWER.COM.PH THE Energy Regulatory Commission (ERC) and the Board of Investments (BoI) signed a memorandum of agreement (MoA) designed to facilitate investment via inter-agency collaboration. In […]
May 23, 2024
Published by admin at May 23, 2024
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By Alena Mae S. Flores – May 22, 2024, 8:25 pm from manilastandard.net First Gen LNG Holdings Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., said Wednesday it executed a shareholders’ agreement (SHA) and share subscription agreement (SSA) […]
May 23, 2024
Published by admin at May 23, 2024
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By Alena Mae S. Flores – May 22, 2024, 8:15 pm from manilastandard.net Western Mindanao Power Corp. (WMPC), a diesel facility in Zamboanga City owned by Alsons Consolidated Resources Inc., on Wednesday served notice that the plant may need to […]
May 22, 2024
Published by admin at May 22, 2024
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By Alena Mae S. Flores – May 21, 2024, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared to P7.85 per […]
May 22, 2024
Published by admin at May 22, 2024
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By Manila Standard Business – May 21, 2024, 8:30 pm PrimeRES Energy Corp., a wholly-owned subsidiary of Prime Infrastructure Capital Inc. of businessman Enrique Razon Jr. received a retail electricity supplier (RES) license from the Energy Regulatory Commission (ERC). The […]
May 22, 2024
Published by admin at May 22, 2024
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By Alena Mae S. Flores – May 21, 2024, 8:15 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Tuesday it recently energized its P450-million substation in Batangas City to meet the growing power demand in the area and […]
May 21, 2024
Published by admin at May 21, 2024
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By Jenniffer B. Austria – May 20, 2024, 8:40 pm from manilastandard.net NexGen Energy Corp., a wholly-owned subsidiary of Tiu family’s Pure Energy Holdings Corp. (PEHC), plans to raise up to P580 million from an initial public offering (IPO) in […]
May 21, 2024
Published by admin at May 21, 2024
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By Alena Mae S. Flores – May 20, 2024, 7:55 pm from manilastandard.net Senator Sherwin Gatchalian expressed optimism the country’s power situation will improve with the onset of the rainy season and cooler temperature. “I am optimistic in terms of… […]