January 17, 2023

NAC increases investment in renewable energy unit

BY LENIE LECTURA – JANUARY 17, 2023 from Business Mirror Nickel Asia Corp. (NAC) is pouring nearly P3 billion into its renewable energy (RE) subsidiary, Emerging Power Inc. (EPI). The company told the stock exchange on Monday that its board […]
January 10, 2023

EDC to aid PET bottle-maker in shift to use of renewables

BY LENIE LECTURA – JANUARY 10, 2023 from Business Mirror PET bottles manufacturer McBride Corp., has tapped the Energy Development Corp. (EDC) to supply power to its two facilities in Caloocan. McBride said it would shift to renewable energy for […]
January 6, 2023

Aboitiz Power secures P20-B loan from Landbank for RE

BY LENIE LECTURA – JANUARY 6, 2023 from Business Mirror Aboitiz Power Corp. (Aboitiz Power), through its clean energy subsidiary Aboitiz Renewables Inc. (ARI), has secured a P20-billion loan from the Land Bank of the Philippines (Landbank) to help attain […]
January 3, 2023

DOE presents 9 priorities to ensure power supply sufficiency during ‘critical’ periods

BY LENIE LECTURA – JANUARY 3, 2023 from Business Mirror THE Department of Energy (DOE) has outlined nine priorities for this year that are aligned with the administration’s strategy. On top of its list is the pursuit of contingency measures […]