September 11, 2024

SPNEC seeks repricing of NE solar contract

By Alena Mae S. Flores – September 10, 2024, 7:10 pm from manilastandard.net SP New Energy Corp. (SPNEC), a subsidiary of Meralco PowerGen Corp., is negotiating with the Department of Energy on relocating and repricing its contract for a 280-megawatt […]
September 10, 2024

Climate Capital investing up to $10m in Upgrade Energy

By Alena Mae S. Flores – September 9, 2024, 9:00 am from manilastandard.net Singapore-based fund manager Clime Capital announced an investment through the South East Clean Energy Fund II (SEACEF II) in Upgrade Energy Philippines (UGEP), a key player in […]
September 7, 2024

UK fund manager investing $600 million for 40% stake in SPNEC unit

By Alena Mae S. Flores – September 6, 2024, 9:47 pm from manilastandard.net Executives of Actis Capital and Solar Philippines New Energy Corp. sign an investment agreement for the former’s acquisition of a 40-percent stake in SPNEC unit Terra Solar […]
September 7, 2024

PNOC seeks consultant to study Batangas wind port

By Alena Mae S. Flores – September 6, 2024, 8:40 pm from manilastandard.net State-run Philippine National Oil Co. (PNOC) is rebidding the study and design for the transformation of the energy supply base in Mabini, Batangas to an offshore wind […]