November 19, 2021

Exec: Udenna did not violate the law

BY LENIE LECTURA – NOVEMBER 18, 2021 from Business Mirror UDENNA Corp. (UC) President Raymundo Martin Escalona cried foul Thursday after the company was criticized for its alleged midnight deals involving the acquisition of a controlling stake in the consortium […]
November 19, 2021

Solar Tarlac gets high credit rating

BY LENIE LECTURA AND VG CABUAG – NOVEMBER 18, 2021 from Business Mirror Credit watcher Philippine Rating Services Corp. (PhilRatings) assigned a credit rating of PRS Aa plus with a stable outlook to Solar Philippines Tarlac Corp.’s (Solar Tarlac) proposed […]
November 19, 2021

AC Energy, AMI wind project in Vietnam starts operations

BY LENIE LECTURA – NOVEMBER 18, 2021 from Business Mirror AC Energy Corp. (ACEN) and AMI Renewables have announced the start of the commercial operations of their 252-megawatt (MW) wind farm in Quang Binh, Vietnam. This is their third joint-venture […]
November 18, 2021

Moratorium on FIT interest extended

BY LENIE LECTURA – NOVEMBER 17, 2021 from Business Mirror The Energy Regulatory Commission (ERC) is extending for six months the suspension of the collection of interest on delayed feed-in-tariff (FIT) revenue owed by the government to eligible renewable energy […]