May 2, 2024

EDC gets ESG award from Macquarie

By Manila Standard Business – May 1, 2024, 8:15 pm Energy Development Corp. (EDC), a 100-percent renewable energy firm, received the ESG Leadership Excellence Award for Social Impact from its shareholder Macquarie Asset Management (MAM). A global asset manager renowned […]
May 2, 2024

Meralco to tap spot market for 260-MW peaking supply

By Alena Mae S. Flores – May 1, 2024, 7:50 pm from manilstandard.net Power retailer Manila Electric Co. plans to source its 260-megawatt peaking capacity requirement from the Wholesale Electricity Spot Market, where prices are more volatile due to lack […]
May 2, 2024

Aboitiz Power unit to invest $1b in LNG complex

By Alena Mae S. Flores – April 30, 2024, 7:45 pm from manilastandard.net Aboitiz Power Corp. subsidiary Therma Quezon Energy Inc. (TQE) proposed to develop a 1,310-megawatt combined cycle gas power plant (CCPT) in Pagbilao, Quezon and a liquefied natural […]
May 2, 2024

AboitizPower’s solar plant adds new capacity to the grid amid tight supply

By Alena Mae S. Flores – April 30, 2024, 7:25 pm from manilastandard.net Aboitiz Renewables Inc. (ARI), the renewable energy (RE) arm of Aboitiz Power Corp., said Tuesday the timely testing and commissioning of the 159-megawatt peak (MWp) Laoag Solar […]