March 6, 2021

EDC offers P15-B green bonds to fund RE projects

By Jordeene B. Lagare – March 6, 2021 from The Manila Times Energy Development Corp. (EDC) has announced its maiden offering of green bonds worth P15 billion to bankroll renewable energy (RE) projects. The EDC Board of Directors already gave […]
March 6, 2021

Malampaya Prize

As the Department of Energy reviews the technical, legal and financial ramifications of the Chevron-Udenna sale—prior to final approval—business leaders Ramon S. Ang and Manuel V. Pangilinan pitch offers for SPEX’s 45-percent stake in Palawan’s critical gas-to-power project. By LENIE […]
March 5, 2021

AboitizPower deploys BESS to boost stability

By Lorenz S. Marasigan – March 5, 2021 from Business Mirror ABOITIZPOWER Corp. is backing the Philippine power grid with battery energy storage systems (BESS) to ensure stability through its ancillary services. Emmanuel V. Rubio, the company’s president, said his […]
March 5, 2021

Power co-ops told to back TransCo as off-grid system operator

By Jordeene B. Lagare – March 5, 2021 from The Manila Times Electric cooperatives (ECs) nationwide are enjoined to ensure the smooth transition of their system operator functions to the National Transmission Corp. (TransCo). In a recent memorandum, the Department […]