January 3, 2018

Phinma Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

By Lenie Lectura – January 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. and Phinma Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy of […]
December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
February 6, 2017

Phinma Energy defers building 900-MW coal-fired power plant in Sual, Pangasinan

By Lenie Lectura – February 5, 2017 from Business Mirror PHINMA Energy Corp. has deferred plans to put up a 900-megawatt (MW) coal-fired power plant in Sual, Pangasinan. “Deferred. Maraming supply. Who knows that by 2020 we may go for it?” Phinma Energy […]
September 13, 2016

Phinma Energy to double output

by Alena Mae S. Flores –  September 09, 2016 at 11:30 pm from Manila Standard Today Phinma Energy Corp., formerly Trans-Asia Oil and Energy Development Corp., said it plans to double power generation capacity to 1,000 megawatts over the next 10 years. Phinma […]