September 20, 2023

CREC eyes IPO in 2024

By Alena Mae S. Flores – September 19, 2023, 5:40 pm from manilastandard.net Renewable energy developer Citicore Renewable Energy Corp. (CREC) plans to conduct an initial public offering (IPO) next year if market conditions are ripe, a top executive said […]
September 19, 2023

Gov’t prepares to launch reserve market on Dec. 26

By Alena Mae S. Flores – September 18, 2023, 7:50 pm from manilastandard.net The Department of Energy plans to start the full commercial operations of the reserve market on Dec. 26, 2023. The reserve market allows for the trading of […]
September 19, 2023

ADB, WB propose $2.67-b fund to retire, convert coal power plants

By Alena Mae S. Flores – September 17, 2023, 9:50 pm from manilastandard.net Three multilateral banks proposed a financing program to the government worth $2.67 billion to voluntarily expedite the retirement and repurposing of coal-fired power plants, mitigate the impact […]
September 19, 2023

NIA, SN Aboitiz plan 390-MW Ifugao dam

By Alena Mae S. Flores – September 17, 2023, 9:40 pm from manilastandard.net The National Irrigation Administration signed a memorandum of understanding with SN Aboitiz Power Corp. (SNAP) on the conduct of feasibility study for the proposed 390- megawatt Alimit […]