September 10, 2021

Napocor adds P300M in remittance to govt

BY LENIE LECTURA – SEPTEMBER 9, 2021 from Business Mirror STATE firm National Power Corp. (Napocor) has remitted P300 million to the national treasury, its top official said Thursday. Napocor Officer-in-Charge Donato D. Marcos said the amount is on top […]
September 10, 2021

Ayala energy unit to invest fresh capital in RE projects

BY LENIE LECTURA – SEPTEMBER 9, 2021 from Business Mirror AC Energy’s GigaSol Palauig solar farm in Zambales. AC Energy Corp. (ACEN), the energy arm of Ayala Corp., has raised nearly $1 billion in fresh capital this year, which it […]
September 10, 2021

DOE moves to hike renewables share

BY LENIE LECTURA – SEPTEMBER 9, 2021 from Business Mirror 1 The Department of Energy (DOE) is formally adopting the recommendation of the National Renewable Energy Board (NREB) to increase the minimum level of electricity contracted from renewable energy (RE) […]
September 6, 2021

PSALM sets bid price for Pampanga property

BY LENIE LECTURA – SEPTEMBER 6, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has set a minimum bid price of P741.327 million for its 50,447-square meter real estate property in Mexico, Pampanga. The asset […]