August 19, 2022

ACEN secures AU$100-M green loan for Aussie projects

By Myrna M. Velasco – August 18, 2022, 4:54 PM from Manila Bulletin Ayala-led ACEN Corporation has secured 100 million Australian dollars (roughly $69 million in US dollars) green loan from the DBS Bank of Australia to partly bankroll its […]
August 19, 2022

Legal issues hound IEMOP as WESM operator — PEMC

By Myrna M. Velasco – August 18, 2022, 3:48 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), the governance body of the Wholesale Electricity Spot Market (WESM), said legal questions still hound the claim of Independent Electricity Market […]
August 15, 2022

DOE eyes 100% foreign RE ownership to spur manufacturing investments

By Myrna M. Velasco – August 14, 2022, 8:00 PM from Manila Bulletin The Department of Energy (DOE) is studying prospects of opening up the renewable energy (RE) sector to 100 percent foreign ownership, primarily in the domain of solar […]
August 13, 2022

First Gen income down 13% in H1

By Myrna M. Velasco – August 12, 2022, 4:33 PM from Manila Bulletin Owing to disrupted fuel supply in its gas-fired power plants due to the depleting state of the Malampaya gas field, the recurring net income of First Gen […]