September 5, 2024

FGEN seeks bids for LNG supply

By Lenie Lectura – September 5, 2024 from Business Mirror First Gen’s natural gas-fired power plant in Batangas. First Gen Corp. (FGEN) has issued a spot tender for one cargo of liquefied natural gas (LNG) which will be used by […]
September 5, 2024

Meralco unit acquires P7.5-b SPNEC shares

By Jenniffer B. Austria – September 4, 2024, 7:50 pm from manilastandard.net Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen acquired 5.8 billion […]
September 5, 2024

DOE eyes higher biodiesel blend for power plants

By Alena Mae S. Flores – September 4, 2024, 7:25 pm from manilastandard.net The Department of Energy (DOE) plans to work with the National Power Corp. (NPC) to test the viability of increasing the biodiesel blend in power plants up […]
September 4, 2024

SMC: Supreme Court junks ERC appeal on power deals

By Lenie Lectura – September 4, 2024 from Business Mirror San Miguel Corp. (SMC) said Tuesday the Supreme Court (SC) denied with finality an appeal filed by the Energy Regulatory Commission (ERC) against the power supply agreements (PSAs) it forged […]