July 1, 2020

SEC gives green light for ACEPH to hike capital to P24.4B

By Jordeene B. Lagare – July 1, 2020 from The Manila Times THE Securities and Exchange Commission (SEC) has approved a higher capital for AC Energy Philippines Inc. (formerly Phinma Energy Corp.) to P24.4 billion to scale up its expansion […]
June 29, 2020

DoE seeks to boost geothermal use

By Jordeene B. Lagare – June 29, 2020 from The Manila Times THE Department of Energy (DoE) is crafting a policy to shore up the use of geothermal energy as part of efforts to shore up renewable energy (RE) in […]
June 25, 2020

Australian firm rejects Ayala affiliate’s takeover bid

By Jordeene B. Lagare – June 25, 2020 from The Manila Times Australia-based Infigen Energy Ltd. rejected the A$777-million takeover proposal of an affiliate company of Ayala-led AC Energy Inc. and favored instead the offer of a multinational electric utility […]
June 25, 2020

Many firms secure approval for grid impact study

By Jordeene B. Lagare – June 24, 2020 from The Manila Times THE Department of Energy (DoE) has allowed several companies to conduct a system impact study (SIS) on their respective planned power projects. This type of study determines the […]