October 8, 2021

Government told to prioritize set up of renewable energy market

BY LENIE LECTURA – OCTOBER 7, 2021 from Business Mirror The Manila Electric Co. (Meralco) said the proposed renewable energy market (REM) should be implemented ahead of the other policies aimed at increasing renewable energy (RE) production and meeting RE […]
October 8, 2021

‘Expiry of PSALM corporate life may increase government debt’

BY JOVEE MARIE DE LA CRUZ – OCTOBER 7, 2021 from Business Mirror A lawmaker is pushing for the extension of the corporate life of Power Sector Assets and Liabilities Management (PSALM) Corp., saying its corporate life expiry could have […]
October 7, 2021

AC Energy switches on Rizal plant

BY LENIE LECTURA – OCTOBER 6, 2021 from Business Mirror AC Energy Corp. (ACEN), the power arm of conglomerate Ayala Corp., has switched on its 150megawatt (MW) diesel-fired power plant in Pililla, Rizal. The P1.9 billion diesel-fired power plant is […]
October 7, 2021

US-based investment firm hikes stake in First Gen

BY LENIE LECTURA – OCTOBER 6, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Kohlberg Kravis Roberts & Co. (KKR) is investing P8.68 billion in First Gen Corp. which will allow the United States-based […]