December 15, 2023

WESM prices seen going down in December amid low demand

By Alena Mae S. Flores – December 14, 2023, 7:15 pm from manilastandard.net The average system-wide prices at the Wholesale Electricity Spot Market (WESM) will likely stay at P3.90 per kilowatt-hour (kWh) for the December billing month, an official said […]
December 14, 2023

RE firms form group to boost OSW industry

By Alena Mae S. Flores – December 13, 2023, 9:05 pm from manilastandard.net Local and foreign renewable energy (RE) developers formed a new association to promote and ensure the success of the offshore wind (OSW) industry. The companies launched Pilipinas […]
December 14, 2023

ACEN units raise P9.74b for RE plants

By Alena Mae S. Flores – December 13, 2023, 8:55 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Monday its subsidiaries signed loan agreements worth nearly P9.74 billion to finance renewable energy (RE) projects. […]
December 14, 2023

Vivant Energy secures P2.75-b Metrobank loan

By Alena Mae S. Flores – December 13, 2023, 8:40 pm from manilastandard.net Vivant Energy Corp., a wholly-owned subsidiary of Vivant Corp., said Wednesday it signed a five-year term loan facility with Metropolitan Bank and Trust Company for P2.75 billion. […]