December 16, 2023

MORE Electric budgets P4b to upgrade Negros Occidental distribution system

By Alena Mae S. Flores – December 15, 2023, 7:55 pm from manilastandard.net Primelectric Holdings Inc. of businessman Enrique Razon Jr. earmarked P4 billion to modernize and upgrade the distribution system of Central Negros Cooperative. MORE Electric Power Corp. president […]
December 15, 2023

ACEN signs P11-b loan deal with ADB, BPI

By Alena Mae S. Flores – December 14, 2023, 7:50 pm from manilastandard.net ACEN Corp., the Ayala Group’s listed energy platform, said Thursday it signed an P11-billion sustainability-linked loan facility with the Asian Development Bank (ADB) and the Bank of […]
December 15, 2023

WESM prices seen going down in December amid low demand

By Alena Mae S. Flores – December 14, 2023, 7:15 pm from manilastandard.net The average system-wide prices at the Wholesale Electricity Spot Market (WESM) will likely stay at P3.90 per kilowatt-hour (kWh) for the December billing month, an official said […]
December 14, 2023

RE firms form group to boost OSW industry

By Alena Mae S. Flores – December 13, 2023, 9:05 pm from manilastandard.net Local and foreign renewable energy (RE) developers formed a new association to promote and ensure the success of the offshore wind (OSW) industry. The companies launched Pilipinas […]