December 14, 2020

NPC’s shift to RE means P13.5-B savings yearly

By Myrna M. Velasco – December 14, 2020, 7:00 AM from Manila Bulletin The shift of state-run National Power Corporation (NPC) to renewable energy (RE) technologies in powering the off-grid areas could yield savings of up to P13.5 billion annually […]
December 11, 2020

PetroEnergy vows to finish all power projects

By Lenie Lectura – December 11, 2020 from Business Mirror As some of its power projects have been put on hold due to the pandemic, the Yuchengco-led listed firm PetroEnergy Resources Corp. (PetroEnergy) said Monday it would pursue to complete […]
December 11, 2020

RCBC ends funding for coal projects

By Alena Mae S. Flores – December 10, 2020 at 08:20 pm from manilastandard.net Rizal Commercial Banking Corp., the banking unit of the Yuchengco Group of Companies, will no longer fund coal power plants as part of the lender’s efforts […]
December 10, 2020

DOE preps for 7.5% annual GDP growth

By Myrna M. Velasco – December 9, 2020, 6:30 AM from Manila Bulletin Post pandemic energy planning Post Covid-19 pandemic and beyond the stretch of the Duterte administration, the power development planning of the Department of Energy (DOE) had cast […]