August 30, 2017

DOE steps out in Psalm, San Miguel Global tiff

By Lenie Lectura – August 29, 2017 from Business Mirror ENERGY Secretary Alfonso G. Cusi urged the Power Sector Assets and Liabilities Management Corp. (Psalm) and San Miguel Global Power Holdings Corp. to settle their differences over unpaid obligations for the generated […]
August 29, 2017

Transco renews bid to tap Malampaya Fund to finance P60-billion power projects

By Lenie Lectura – August 28, 2017 from Business Mirror The National Transmission Corp. (Transco) is proposing to tap the Malampaya Fund to undertake a number of transmission-line projects amounting to over P60 billion. Transco President Melvin Matibag cited the […]
August 26, 2017

PSALM debt down P45 billion, P490 billion more to settle

By Lenie Lectura – August 26, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its liabilities by over P45 billion at end-June this year, bringing down the state firm’s obligations to P490 billion. “PSALM financial […]
August 24, 2017

Millennial-owned firm inaugurates solar farm

By Lenie Lectura – August 23, 2017 from Business Mirror THE country’s first solar farm was inaugurated on Wednesday, establishing the Philippines as a major player in the global renewable-energy revolution, and enabling solar panels to become accessible to everyday Filipinos. The Solar […]