May 11, 2021

Asian Dev’t Bank drops coal investments, may support more natural gas projects

By Angelica Y. Yang – May 9, 2021 | 7:32 pm from Business World REUTERS THE Asian Development Bank (ADB) said in its first energy policy draft that it will not be funding new coal-fired plants but will consider investing […]
May 7, 2021

Norwegian firms bat for easing of foreign ownership restriction in RE investments

By Myrna M. Velasco – May 7, 2021, 7:00 AM from Manila Bulletin Norwegian companies that are interested to inject fresh capital into the country’s renewable energy (RE) sector have been batting for the easing of legal restraints on foreign […]
May 7, 2021

PERC Net Income Up 21% In 2020

BY LENIE LECTURA – MAY 7, 2021 from Business Mirror Yuchengo-led PetroEnergy Resources Corp. (PERC) booked P646 million in net income last year, up 21 percent from P543 million posted in 2019, buoyed by the full-year operations of its solar […]
May 4, 2021

NPC sets minigrid, RE construction target of 5 megawatts this year

By Angelica Y. Yang – May 2, 2021 | 7:15 pm from Business World NATIONAL POWER CORP. (NPC) said it hopes to build 5 megawatts (MW) worth of capacity in the form of minigrids and renewable energy (RE) systems this […]