October 10, 2024

CREC approves release of P1.22-b proceeds from IPO

By Alena Mae S. Flores – October 9, 2024, 8:00 pm from manilastandard.net The board of Citicore Renewable Energy Corp. (CREC) approved the advance release of the proceeds from its initial public offering (IPO) amounting to P1.2228 billion. CREC said […]
October 10, 2024

Philippines’ dependency on coal not cheap—power exec

By inquirer.net – 12:45 PM October 09, 2024 Coal power plant. INQUIRER STOCK PHOTO MANILA — An official of Lopez-led First Gen Corp., the country’s leading clean energy provider, said in a recent forum that the country cannot continue to […]
October 10, 2024

CBK privatization remains on track – PSALM

By Brix Lelis – October 9, 2024 | 12:00am from October 9, 2024 | 12:00am Located in Laguna, the 797-megawatt (MW) power plant is the major privatization project of the Power Sector Assets and Liabilities Management Corp. (PSALM) this year […]
October 10, 2024

Nationwide electrification plan suffers stunted growth

By Jean Mangaluz – October 9, 2024 | 5:41pm from Philstar.com Stock image of electrical grid Image by Couleur from Pixabay MANILA, Philippines — The country’s planned electrification rate is facing a two- to three-year delay, according to the National […]