February 1, 2021

Due process not followed in FiT adjustment, NGO claims

By Angelica Y. Yang – January 31, 2021 | 7:33 pm from Business World CONSUMER RIGHTS advocacy group Laban Konsyumer, Inc. (LKI) has sought to nullify an Energy Regulatory Commission (ERC) resolution to adjust the feed-in tariff (FiT) allowance, claiming […]
January 30, 2021

DOE inks deal with Australian firm to explore PH hydrogen potential

By Myrna M. Velasco – January 30, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) inked a memorandum of understanding (MOU) with Australian firm Star Scientific Ltd. for the latter to study and explore the potential of […]
January 30, 2021

Ayala energy subsidiary raises P5.37 B from stock rights offer

By Myrna M. Velasco – January 30, 2021, 5:30 AM from Manila Bulletin The aggregate 2,267,580, 434 common shares tendered by Ayala-led AC Energy Corporation (ACEN) via its stock rights offering (SRO) had been fully subscribed and had fetched proceeds […]
January 30, 2021

WESM to launch Mindanao spot market by June

By Angelica Y. Yang – January 28, 2021 | 7:44 pm from Business World THE Independent Electricity Market Operator of the Philippines (IEMOP) said Thursday that it hopes to begin commercial operations in Mindanao by late June, while also launching […]