September 1, 2020

‘ADB should withdraw funding from new coal-fired projects’

By Cai Ordinario – August 31, 2020 from Business Mirror A coal-fired power plant in Limay, Bataan, produces much-needed electricity but contributes to air pollution as it emits black smoke from its chimney. The Independent Evaluation Department (IED) of the […]
May 5, 2020

More Asian banks seen avoiding coal projects

By Lenie Lectura – May 5, 2020 from Business Mirror More financial institutions in Asia are likely to end their support for coal power projects after Japan’s two largest institutional banks recently announced that they would stop financing new coal-fired […]
December 11, 2019

Occidental Mindoro bans coal use for energy

By Lenie Lectura -December 11, 2019 from Business Mirror THE provincial board of Occidental Mindoro has adopted an ordinance that effectively prohibits the use of coal as a source of energy. The ordinance, entitled “Regulating The Use of Fossil Fuels […]
July 25, 2018

Ayala weighs thermal assets’ equity sale

By Myrna M. Velasco – July 24, 2018, 10:00 PM from Manila Bulletin The energy investment group of the Ayala group has reportedly “suspended for the meantime” its planned equity sell-down on its thermal power assets, according to sources privy […]