April 23, 2021

SEC Greenlights AC Energy P16.48-B Follow-On Offering

BY VG CABUAG – APRIL 23, 2021 from Business Mirror The Securities and Exchange Commission (SEC) has approved the P16.48-billion follow-on offering of AC Energy Corp., proceeds of which will be used to fund its expansion projects. In its meeting […]
April 23, 2021

DOE assures ‘no brownouts’ during summer months

By Myrna M. Velasco – April 22, 2021, 3:28 PM from Manila Bulletin The Department of Energy (DOE) is giving its guarantee to the Filipino public that they are not going to suffer brownouts or electricity service disruptions within the […]
April 23, 2021

NPC seeks recovery of P7.56-B subsidy for off-grid electrification

By Myrna M. Velasco – April 22, 2021, 12:34 PM from Business Mirror State-run National Power Corporation (NPC) is seeking regulatory approval on the pass-on of P7.562 billion worth of under-recoveries on universal charge for missionary electrification (UCME), or that […]
April 22, 2021

SMC Unit Nears Completion Of BESS Facilities

BY LENIE LECTURA – APRIL 22, 2021 from Business Mirror Four of 31 Battery Energy Storage System facilities being put up by San Miguel Corporation’s power arm, SMC Global Power Holdings Corp., in Masinloc, Zambales; Malita, Davao; Maco, Davao de […]