October 3, 2024

ACEN infusing additional capital to Belenos

By Brix Lelis – October 3, 2024 | 12:00am from The Philippine Star The listed energy platform of the Ayala Group is planning to subscribe to 50 million redeemable preferred shares of Belenos Energy Corp. at a par value of […]
October 3, 2024

WESM rates down for 4th straight month

By Brix Lelis – October 3, 2024 | 12:00am from The Philippine Star Latest data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed that system-wide WESM rates dropped by 34.7 percent to P3.88 per kilowatt-hour last month […]
October 3, 2024

EDC secures geothermal exploration permit in Indonesia

By Gabriell Christel Galang – Oct 2, 2024 02:52 PM from Manila Bulletin First Gen Corporation’s all-renewable energy arm, Energy Development Corp. (EDC), has received preliminary survey assignments and exploration (PSPE) for two greenfield geothermal projects in Indonesia. During the […]
October 3, 2024

Alternergy bets on renewable energy as government’s top choice

By Gabriell Christel Galang – Oct 2, 2024 02:19 PM from Manila Bulletin Recent discussions have emerged about expanding nuclear energy in the Philippines, but the government continues to prioritize renewable energy (RE) in adjusting the country’s energy mix. During […]