July 16, 2022

ACEN advances P1.14-B financing for 200MW Cagayan solar project

By Myrna M. Velasco – July 15, 2022, 6:09 PM from Manila Bulletin With a greenlight from its board of directors, Ayala-led ACEN Corporation has agreed to advance P1.139 billion loan to its partner firm Natures Renewable Energy Development Corporation […]
July 16, 2022

OFW group calls for end to high power rates, inadequate supply

By Myrna M. Velasco – July 15, 2022, 6:26 PM from Manila Bulletin A group that is promoting the welfare of Overseas Filipino Workers (OFWs) is urging government to prioritize solutions on high electricity rates and the country’s dilemma of […]
July 14, 2022

PSALM logs P34-B receivables from San Miguel subsidiary

By Myrna M. Velasco – July 13, 2022, 8:17 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it is pursuing P34.04 billion worth of ‘overdue payables’ from South Premiere Power Corporation (SPPC), a […]
July 12, 2022

Malampaya gas field prod’n declines steeply in 2021

By Myrna M. Velasco – July 9, 2022, 11:49 AM from Manila Bulletin The depletion of the Malampaya gas field is becoming extremely visible, as its reported production for three quarters in 2021 significantly dipped to 79.054 billion cubic feet […]