August 30, 2024

Energy storage integration in RE capacity auction to hike bid rates by P5-P6/kWh

LNG capacity tendering will be treated as ancillary services By Myrna M. Velasco – Aug 29, 2024 12:03 PM from Manila Bulletin At a glance The parallel auction for liquefied natural gas (LNG) capacity in GEA-4 shall be for ancillary […]
August 29, 2024

S&P upgrades Meralco rating on strong profit

By Manila Standard Business – August 28, 2024, 7:15 pm S&P Global Ratings raised the long-term credit trading of Manila Electric Co. (Meralco) amid its continued financial strength. S&P said it expects Meralco to maintain strong financial ratios despite heavy […]
August 29, 2024

Gov’t eyes ADB financing to accelerate energy efficiency, conservation program

By Alena Mae S. Flores – August 28, 2024, 6:50 pm from manilastandard.net Asian Development Bank The Department of Energy (DOE) will need P10 billion over a five-year period starting 2026 to finance the accelerated implementation of the Government Energy […]
August 28, 2024

ACEN, Barito Renewables forge exclusive partnership

By Lenie Lectura – August 28, 2024 from Business Mirror ACEN Corp. and PT Barito Renewables Energy Tbk (Barito Renewables) announced Tuesday that they forged an exclusive partnership to hasten the development of wind renewable energy (RE) projects across Indonesia. […]