August 1, 2024

P5.3-billion RCBC loan to fund build of wind power units

By Lenie Lectura – July 31, 2024 from Business Mirror ALTERNERGY Holdings Corp. (Alternergy) announced it has secured a P5.3-billion loan from the Rizal Commercial Banking Corp. (RCBC) to partly finance the construction of the 64-megawatt (MW) Alabat wind power […]
August 1, 2024

ThermaPrime buys 3 rigs for EDC

By Lenie Lectura – July 31, 2024 from Business Mirror In photo: The Rig 3 Defender DC Rig 1000hp Drawworks Capacity during testing and commissioning in Texas, USA. Lopez-led ThermaPrime Drilling Corp. (ThermaPrime) is acquiring three more geothermal drilling rigs […]
July 31, 2024

DOE may include liquefied natural gas in auction

By Lenie Lectura – July 31, 2024 from Business Mirror The Department of Energy (DOE) is mulling over the inclusion of liquefied natural gas (LNG) in the fourth round of the Green Energy Auction (GEA). The GEA program was designed […]
July 31, 2024

Meralco studies building larger nuclear power plants

By Alena Mae S. Flores – July 30, 2024, 8:20 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) is studying the development of bigger nuclear power plants including conventional nuclear facilities to secure the country’s future energy requirements, top […]