February 1, 2023

SMC unit, Meralco to renegotiate PSA

BY LENIE LECTURA – FEBRUARY 1, 2023 from Business Mirror South Premiere Power Corp. (SPPC) and the Manila Electric Co. (Meralco) will proceed to re-negotiate their power supply agreement (PSA) after the 13th Division of the Court of Appeals (CA) […]
January 31, 2023

DOE aims to scrap barriers blocking power investments

BY LENIE LECTURA – JANUARY 31, 2023 from Business Mirror The Department of Energy (DOE) wants to remove “stumbling blocks” that prevent the entry of new investors in the Philippine power sector. Energy Secretary Raphael Lotilla said one of the […]
January 30, 2023

SMC Global Power to find legal options vs ERC order

BY LENIE LECTURA – JANUARY 30, 2023 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) said it would pursue all available legal remedies after its unit failed to secure a temporary restraining order (TRO) to prevent the Energy Regulatory […]
January 30, 2023

More tie-ups eyed for SP New Energy

BY BUSINESSMIRROR – JANUARY 30, 2023 SOLAR Philippines Power Project Holdings Inc. is opening up its listed unit SP New Energy Corp. to more strategic partnerships with groups, which could be worth about P2.7 billion in private placements and asset-for-share […]