August 9, 2021

3 power facilities to go offline

BY LENIE LECTURA – AUGUST 9, 2021 from Business Mirror Three power facilities with 1,047 megawatts (MW) in combined capacity may not be able to run when the Malampaya gas facility undergoes a 22-day maintenance shutdown in October. These are […]
August 6, 2021

AC Energy to invest $10 million in overseas solar projects

BY LENIE LECTURA – AUGUST 5, 2021 from Business Mirror AC Energy’s GigaSol Palauig solar farm in Zambales. AC Energy Corp. (ACEN), through its subsidiary AC Renewables International (ACRI), will pour $10 million in fresh funds into international solar rooftop […]
August 5, 2021

DOE targeting to hit RE goal in power mix via green energy auction scheme

BY LENIE LECTURA – AUGUST 4, 2021 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. The Department of Energy (DOE) is soliciting comments from industry stakeholders on a draft circular that seeks to achieve […]
August 4, 2021

Semirara net income up 279% in April-June

BY LENIE LECTURA – AUGUST 3, 2021 from Business Mirror   Consunji-led Semirara Mining and Power Corp. (SMPC) registered a net income of P4 billion in the second quarter, up 279 percent year-over-year, due to record-high coal sales and prices […]