December 23, 2020

AC Energy slates February offer period for SRO

By Myrna M. Velasco – December 23, 2020, 7:30 AM from Manila Bulletin Ayala-led AC Energy Philippines Inc. (ACEN) has slated February next year as the offer period for its stock rights offering (SRO), in which 2,267,580, 434 common shares […]
December 22, 2020

No foreign firm takers of PH geothermal blocks yet

By Myrna M. Velasco – December 22, 2020, 7:00 AM from Manila Bulletin Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of […]
December 21, 2020

RE firms eye P35.7B from FIT subsidies

By Myrna M. Velasco – December 21, 2020, 7:00 AM from Manila Bulletin The country’s renewable energy (RE) developers are eyeing to rake in next year P35.693 billion worth of feed-in-tariff (FIT) payments, a form of subsidy collected from all […]
December 20, 2020

ERC tightens benchmark for power plant outages

By Myrna M. Velasco – December 19, 2020, 7:00 AM from Manila Bulletin As power plant outages have been tormenting consumers not just of brownouts but also of electricity rate spikes, the Energy Regulatory Commission (ERC) has tightened the rules […]