May 8, 2024

SPNEC plans to welcome 2 foreign partners this year

By Alena Mae S. Flores – May 7, 2024, 8:50 pm from manilastandard.net SP New Energy Corp. (SPNEC) expects to take in “at most” two foreign partners in Terra Solar Philippines Inc. within the year, an executive said Tuesday. SPNEC […]
April 24, 2024

Integrated LNG facility to help keep lights on—AboitizPower

By Manila Standard Business – April 23, 2024, 8:00 pm Aboitiz Power Corp., an investor in the Philippines’ largest integrated liquefied natural gas (LNG) facility, alongside Meralco PowerGen Corp. and San Miguel Global Power Holdings Corp., said the project will […]
April 18, 2024

SPNEC books P5.7-b income following entry of Meralco unit

By Jenniffer B. Austria – April 17, 2024, 7:20 pm from manilastandard.net Renewable energy firm SP New Energy Corp. (SPNEC) booked a net income of P5.7 billion in 2023, a sharp turnaround from net loss of P40.4 million recorded a […]
March 14, 2024

PH electricity pricing: Is imported LNG pricier than Malampaya gas?

By Ray S. Eñano – March 13, 2024, 6:45 pm from manilastandard.net “The Malampaya gas producer believes so—but Meralco thinks otherwise.” The results of the supply auction for 1,200 megawatts of electricity have elicited mixed responses from contending major generation […]