August 11, 2020

More Power to Peco: Let’s set aside row for sake of Iloilo electricity consumers

By Lenie Lectura – August 11, 2020 from Business Mirror MORE Electric and Power Corp. (More Power) urged Panay Electric Co. (Peco) to cooperate and set aside their differences for the benefit of the Iloilo City power consumers. More Power […]
August 11, 2020

DOE to adjust volume for renewable energy auction

By Myrna M. Velasco – August 10, 2020, 9:00 PM from Manila Bulletin The Department of Energy (DOE) is re-calibrating the aggregate volume of renewable energy (RE) capacity that it will auction next year for the distribution utilities’ compliance with […]
August 10, 2020

First Gen goal: Complete LNG terminal in April 2022

By Lenie Lectura – August 10, 2020 from Business Mirror First Gen Corp. LNG Corp. (FGEN LNG), a wholly owned subsidiary of Lopez-led First Gen Corp., will complete its offshore LNG (liquefied natural gas) terminal in January 2022, with target […]
August 10, 2020

Coal price drop cuts SMPC earnings

By Lenie Lectura – August 10, 2020 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) posted a 61-percent drop in earnings in the first half due to the decline in coal and power prices. From P5.7 billion, SMPC’s […]