December 22, 2020
Published by admin at December 22, 2020
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M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]
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December 22, 2020
Published by admin at December 22, 2020
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No foreign firm takers of PH geothermal blocks yet

By Myrna M. Velasco – December 22, 2020, 7:00 AM from Manila Bulletin Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of […]
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December 21, 2020
Published by admin at December 21, 2020
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Meralco extends payment deadline

By Alena Mae S. Flores – December 20, 2020 at 08:15 pm from manilastandard.net Power retailer Manila Electric Co. said over the weekend customers received a one-month disconnection reprieve as it extended the no-disconnection policy for non-payment of bills from […]
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December 21, 2020
Published by admin at December 21, 2020
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RE firms eye P35.7B from FIT subsidies

By Myrna M. Velasco – December 21, 2020, 7:00 AM from Manila Bulletin The country’s renewable energy (RE) developers are eyeing to rake in next year P35.693 billion worth of feed-in-tariff (FIT) payments, a form of subsidy collected from all […]
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