February 15, 2020

MRC Allied to step upon solar installation ventures this year

By MYRNA M. VELASCO – February 14, 2020, 10:21 PM from Manila Bulletin Listed firm MRC Allied, Inc. will be stepping up on ventures for both rooftop and utility-scale solar installations this year, beefing up its existing portfolio of about […]
February 15, 2020

Razon-owned power plant in Iraq kicks off commercial operations

By MYRNA M. VELASCO – February 14, 2020, 10:00 PM from Manila Bulletin The multi-phased power plant project of Razon group-owned Prime Power Middle East (PPME) has kicked off commercial operations this month for the initial phase of the gas-fired […]
February 15, 2020

ERC backpedals on WESM secondary cap’s reduction

By MYRNA M. VELASCO – February 14, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is backpedaling on proposals to lower the secondary cap of traded capacity in the Wholesale Electricity Spot Market (WESM), which should have […]
February 14, 2020

First Gen hikes authorized capital stock to ₱13.2 billion

By Myrna M. Velasco – February 13, 2020, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will increase its authorized capital stock to ₱13.2 billion from currently at ₱11.6 billion, to be executed through the generation of additional preferred […]