July 12, 2022

Casecnan hydro plant on forced shutdown since 2021

By Myrna M. Velasco – July 9, 2022, 10:40 AM from Manila Bulletin The Department of Energy (DOE) revealed that the 165-megawatt Casecnan hydropower plant had been on forced shutdown since October last year due to “unresoved issues” with the […]
July 7, 2022

ACEN to sell green bonds to complete solar projects

BY LENIE LECTURA – JULY 6, 2022 from Business Mirror AC Energy Corp. (ACEN), the Ayala Group’s listed energy platform, is set to offer up to P10 billion in green bonds, proceeds of which will be used to finance the […]
July 7, 2022

PetroGreen gets nod to build solar projects

By Alena Mae S. Flores – July 5, 2022, 7:50 pm from manilastandard.net PetroGreen Energy Corp., the renewable holding unit of publicly-listed PetroEnergy Resources Corp., said Tuesday it secured regulatory approvals for two new utility-scale solar power projects. These projects […]
July 6, 2022

PSALM’s financial obligations hit ₧342.6B at end-June

BY LENIE LECTURA – JULY 5, 2022 from Business Mirror THE financial obligations of the Power Sector Assets and Liabilities Management Corp. (PSALM) at end-June this year stood at P342.6 billion (around $6.185 billion at current exchange rates). In a […]