July 6, 2024

ACEN secures $150-m green loan from bank consortium

By Alena Mae S. Flores – July 5, 2024, 8:50 pm from manilastandard.net ACEN Corp. said Friday its subsidiary ACEN Renewables International Pte. Ltd. (ACRI) secured a five-year syndicated green term loan and revolving credit facility amounting to $150 million […]
July 6, 2024

EDC completes 28.9-MW Palayan binary geothermal plant in Albay

By Alena Mae S. Flores – July 5, 2024, 8:20 pm from manilastandard.net Energy Development Corp. president and chief operating officer Jerome Cainglet (left), Albay provincial administrator Divina Gracia Bonavente (representing Albay Governor Edcel Greco Alexandre Lagman), Manito Albay Mayor […]
July 5, 2024

Conglomerates join bidding for Meralco’s 600 MW supply

By Alena Mae S. Flores – July 4, 2024, 8:00 pm from manilastandard.net Local conglomerates and a Thai-led power firm joined the pre-bid conference for the competitive selection process (CSP) or bidding for 600 megawatts (MW) of baseload supply intended […]
July 4, 2024

June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]