October 7, 2021

US-based investment firm hikes stake in First Gen

BY LENIE LECTURA – OCTOBER 6, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Kohlberg Kravis Roberts & Co. (KKR) is investing P8.68 billion in First Gen Corp. which will allow the United States-based […]
October 6, 2021

Higher fees for WESM even without prior ERC approval pushed

By Myrna M. Velasco – October 5, 2021, 3:25 PM from Manila Bulletin On fears that the Wholesale Electricity Spot Market (WESM) will be operating with financial deficit, its governance body Philippine Electricity Market Corporation (PEMC) is seeking higher market […]
October 6, 2021

SC voids rules on mandatory power supplies

By Alena Mae S. Flores – October 05, 2021 at 07:50 pm from manilastandard.net The Supreme Court declared as void the directives of the Department of Energy and the Energy Regulatory Commission on the mandatory compliance to the retail competition […]
October 5, 2021

ACEN’s $155-million wind farm in Vietnam starts operations

BY LENIE LECTURA – OCTOBER 4, 2021 from Business Mirror The 88-megawatt (MW) wind farm project of AC Energy Corp. (ACEN) and the BIM Group in Vietnam started commercial operations on Monday. The $155-million wind farm in South Central Vietnam […]