August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]
August 8, 2024

IPHI to build battery project in Rizal

By Lenie Lectura – August 8, 2024 from Business Mirror Ingrid Power Holdings Inc., (IPHI) a joint venture between ACEN Corp. and Marubeni Asian Power Corp., has proposed the construction of a 150-megawatt (MW) battery energy storage system (BESS) in […]
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 […]
July 26, 2024

ACEN grants loan guarantee to subsidiary

By Lenie Lectura – July 26, 2024 from Business Mirror ACEN Corp. has signed a P1.92-billion loan agreement with its subsidiary Santa Cruz Solar Energy Inc. to fund the latter’s capital expenditure (capex) for its solar power project in Zambales. […]