May 19, 2023

DOE releases guidelines on offshore wind development

By Alena Mae S. Flores – May 18, 2023, 9:00 pm from manilastandard.net The Department of Energy on Thursday released the implementing guidelines on Executive Order No. 21 which establishes the policy and administrative framework for offshore wind development. Under […]
May 19, 2023

ACEN to tap China Bank, MUFG for P8-billion credit facilities

By Alena Mae S. Flores – May 18, 2023, 8:10 pm from manilastandard.net ACEN Corp., the power generation arm of Ayala Corp., plans to avail of credit facilities totaling about P8 billion to finance its renewable energy projects. ACEN said […]
May 18, 2023

PetroEnergy’s Q1 income rose 35% to P340 million

By Alena Mae S. Flores – May 17, 2023, 9:05 pm from manilastandard.net PetroEnergy Resources Corp. said Wednesday first-quarter net income rose 35 percent to P340 million from P252 million in the same period last year, driven by the renewable […]
May 18, 2023

EEI signs deal with IHDC on construction of 3 solar farm

By Alena Mae S. Flores – May 17, 2023, 8:45 pm from manilastandard.net Construction firm EEI Corp. said Wednesday it signed a memorandum of understanding with Industry Holdings and Development Corp. for the development of three potential solar farms with […]